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May 1, 2024

Financials Matter

"It's Not Just About Finance"

$5 Billion for School Buses?

In case you missed it, the Clean School Bus Program has been funded with a $5 billion grant from the Inflation Reduction Act.

 

And initially $1 Billion will be spent on electric school buses.

As is the course for government spending, the budget quickly jumped from $500 million to $1 billion after the EPA said there was a strong demand.

 

Are you freaking kidding me?

 

Ironically (or Maybe NOT) the National Assessment of Educational Progress (NAEP) has reported a drastic dip in test scores since 2020… thanks to when the government closed schools for a bogus virus.

 

BTW, math scores are at a 50-year low.

And out of a score of 500, 13-year-old students scored an average of 271 in mathematics.

 

Even more pathetic is how literacy rates are also declining with the average 13-year-old scoring 256 out of 500….

 

“The bottom line — these results show that there are troubling gaps in the basic skills of these students,”

 

said Peggy Carr, commissioner of the National Center for Education Statistics.

 

And another troubling report showed that 70% of 10-year-old students could not read after the lockdowns.

 

Making matters worse reinstating mask mandates are already showing up in colleges…a precursor to more lockdowns?

 

 

READ: Covid and Climate Lockdowns  August 2, 2023 (HERE)

 

 

But here’s what’s really troubling… Schools throughout America lack basic funding, and kids are forced to share books and even pencils.

 

And on top of the countless issues that public schools face, these moron/tree huggers want to allocate Billions to electric school buses to reduce greenhouse gases?

 

LMAO!

 

 

More Than Billions for School Buses

 

 

 

The cost of electric school buses is between $350,000-$450,000…nearly FOUR TIMES more than diesel buses.

 

And get this, replacing a battery in an electric school bus will cost at least $50,000…with an average life of 7-8 years.

 

Once again, the government is funding an imaginary problem while bypassing the real issues that need to be addressed.

One BILLION dollars could fund a plethora of items that would improve the lives of the people immediately.

 

This entire net-zero madness is becoming increasingly costly.

And you can expect more expensive and unnecessary changes soon.

 

But this madness all ends when we finally say NO!

 

So, how are you prepared to deal with them?

 

Learn how every month in our monthly newsletter “…In Plain English” (HERE).

 

And share this with a friend…especially if they are in the education field.

 

They’ll thank YOU later.

 

Remember:

 

We’re Not Just About Finance

But we use finance to give you hope.

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Invest with confidence.
Sincerely,
James Vincent
The Reverend of Finance
Copyright © 2023 It’s Not Just About Finance, LLC, All rights reserved.
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