New York is looking at massive cuts in school spending – should an education bailout be part of Obama’s economic rescue package?

Anyone reading headlines of late has to feel like we’re on the fast track to apocalypse: Unprecedented bus and subway fare hikes; a slash of more than $2 billion from state education funding; and that’s before even getting into the indignity of paying $1.06 a song on iTunes.

The trick, as always, is figuring out which of the harbingers of doom are real, and which are scare tactics meant to shock the populace into finding other ways to stave off disaster… [read more]