President Obama will tour biotech classrooms at Forsyth Technical Community College in Winston-Salem, North Carolina today. He’ll discuss the grim economic news: Employers added only 39,000 jobs in November, far fewer than the 150,000 expected by economists, while the unemployment rate rose to 9.8 percent from 9.6 percent.
This our generation’s “Sputnik moment,” said Obama, calling for investing in math and science education, as the U.S. did in response to the Soviet challenge. But the National Defense Education Act, which increased federal spending after Sputnik, did not raise math and science scores, writes Andrew Coulson on Cato @ Liberty. He’s got graphs.