The Megyn Kelly Show The Case for Abolishing the Department of Education, Truth About Trump's Tariff Plan: AM Update 4/21
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Apr 21, 2025 
Steve Eisman, a former senior portfolio manager renowned for predicting the 2008 financial collapse, shares his insights on Trump's tariff strategy. He explains how the U.S. is positioned advantageously in global trade negotiations despite market volatility. The conversation also touches on the controversial stance advocating for abolishing the Department of Education, highlighting its failure to improve student outcomes despite increased spending. This provocative discussion raises questions about the balance between federal oversight and local control in education and trade.
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DOE's Spending vs Outcomes Failure
- Since 1980, student spending increased by 108% after inflation, but outcomes did not improve proportionally.
- The Department of Education has failed to close achievement gaps or improve student results over 45 years.
Reallocating Education Programs
- Special needs students suffer in a one-size-fits-all system with heavy DOE regulations.
- Useful programs would be transferred to other departments like HHS or DOJ if DOE was closed.
Advocate for School Choice
- Redirect federal education funds to states for local control and enhanced school choice.
- Competition through school choice improves education quality, as seen in Florida's progress.