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March 03, 2011

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""If you talk to young teachers, they want to get paid a hell of a lot more now, given them a 401(k) and they're thrilled," he said."

I always love what you write-- I just want to know what that quote means.

Good question, Michael. I think this means that Secretary Duncan believes current teacher pension plans should be scrapped in favor of 401(k)s; however he supports paying teachers higher annual salaries, and making more of that money available, based on performance, early in a teachers' career.

If this pattern of growth were resuming, it would be good news: nearly half the world economy would be bouncing back

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