COVID school catch up spending.

[BillyStubbsTears]

Good old Sunak.

An independent think tank says we need to spend an extra £13bn over the next 3 years to help school kids catch up lost teaching.

Sunak has vetoed that. He's giving £3bn over three years

Put that in perspective,  it is about £100 per pupil per year. About 1% of the education budget..

It's about 20% of the amount that Biden is putting into school catch up per pupil.

So f**king much for "levelling up". It's the poorest kids who have suffered the worst. And this is just giving them the rods. Govt debt placed above kids' futures.

[BillyStubbsTears]

Here's the take of a senior economist who used to be on the Bank of England interest rate panel.

https://mobile.twitter.com/t0nyyates/status/1399988830137094144

[River Don]

A 1% rise probably won't keep up with the bit of inflation we can expect to see.

[BillyStubbsTears]

And once again, Govt ministers dealing with this by assuming the people who vote for them are too thick to do basic maths.

https://mobile.twitter.com/paulwaugh/status/1399988579774996481

Yes £1.4bn is a lot of money. It's not when you divide it by 7million schoolkids though.

[big fat yorkshire pudding]

What are the costs involved in this, where does the money go?  How can the costs be so high?

Are these costs on top of any other budget changes?

[BillyStubbsTears]

BFYP

The costs are so high because there is a crying need for a lot of 1-2-1 tutoring for the kids who have been worst hit by the lack of schooling.

You don't get many hours of 1-2-1 tutoring at £40/hour out of £1.4bn. Not spread between 7 million schoolkids.

[SydneyRover]

Who'd have thought this would happen

''School catch-up tsar resigns over lack of funding''

https://www.bbc.com/news/education-57335558

[BillyStubbsTears]

What I don't get about this Govt is why it keeps making these mistakes.

They KNOW that they are going to have to U turn in these issues. But time and again they keep setting down a marker that they have to backtrack on.

[BillyStubbsTears]

That well known vipers nest of communists, the IFS has called out the Govt on catch up funding today.

They estimate that the effect of COVID on the life chances of the poorest kids if not addressed will lead to a cumulative loss of earning over their lifetimes of £350bn.

The loss of tax revenue to the Govt would be over £100bn.

So it doesn't even make economic sense to penny pinch on this. It needs a massive investment. And that's before you even look at the moral case against making the poorest kids suffer for protecting the rest of us. 

[BillyStubbsTears]

This from a leading economist. Every word.

https://www.healthaffairs.org/do/10.1377/hblog20170209.058678/full/

[SydneyRover]

It's all there bst, no one in government appears to learn.