Sunday, April 17, 2016

How Wall Street Wounded Denver’s Public Schools

“Why, sometimes I've believed as many as six impossible things before breakfast.” - Lewis Carroll, Alice’s Adventures in Wonderland

by Matt Stannard

If you think Alice inhabited a world of twisted logic and contradictory truths, you should see the world of corporate crony capitalism. Let me tell you how a state awash in extra money is watching its largest school district die due to lack of funds. Alice’s story begins in a rabbit hole. Denver’s story begins on Wall Street.

Unlike many states, Colorado’s economy is strong these days. The state will add over 65,000 jobs this year. New businesses are forming, and existing businesses are doing pretty well. Colorado’s recreational marijuana revenue is also paying huge dividends back to the state, money that will be used to finance education and other public services.

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