“The problem with socialism is that you eventually run out of other people’s money” is a famous quote by former British Prime Minister Margaret Thatcher, often used to criticize high-taxing, high-spending government policies. It emphasizes that state welfare systems rely on funding from individuals, a reliance that often becomes unsustainable. The Los Angeles Unified School District currently provides living proof of the accuracy of Thatcher’s words.
The New LAUSD/UTLA Contracts and Their Costs to Taxpayers
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