Hedge Funders vs. Kindergarten Teachers

05/19/2015

Hedge Funders vs. Kindergarten Teachers

The goal of early childhood education should be to activate the child's own natural desire to learn.
Maria Montessori

"The top 25 hedge fund managers make more than all kindergarten teachers in the country," stated President Obama in a speech on poverty at Georgetown University on May 12. The Washington Post decided to fact check this and here is what they found:

"...An annual ranking of top hedge fund managers found that the 25 most successful pulled in $11.62 billion in 2014 [in what analysts point out was the worst year for them since the stock market meltdown in 2008.]

"[According to the Bureau of Labor Statistics] in 2012 the nation had about 158,000 kindergarten teachers.... The average salary was $53,480 [which works out to a total of $8.45 billion.]

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