Here's your question, class:

In his State of the Union, the President asked Congress for $300 million for poor kids in the inner city. As there are, officially, 15 million children in America living in poverty, how much is that per child? Correct! $20.

Here's your second question. The President also demanded that Congress extend his tax cuts. The cost: $4.3 trillion over ten years. The big recipients are millionaires. And the number of millionaires happens, not coincidentally, to equal the number of poor kids, roughly 15 million of them. OK class: what is the cost of the tax cut per millionaire? That's right, Richie, $287,000 apiece.

Mr. Bush said, "In neighborhoods across our country, there are boys and girls with dreams. And a decent education is their only hope of achieving them."

So how much educational dreaming will $20 buy?

-George Bush's alma mater, Phillips Andover Academy, tells us their annual tuition is $37,200. The $20 "Pell Grant for Kids," as the White House calls it, will buy a poor kid about 35 minutes of this educational dream. So they'll have to wake up quickly.

-$20 won't cover the cost of the final book in the Harry Potter series.

If you can't buy a book nor pay tuition with a sawbuck, what exactly can a poor kid buy with $20 in urban America? The Palast Investigative Team donned baseball caps and big pants and discovered we could obtain what local citizens call a "rock" of crack cocaine. For $20, we were guaranteed we could fulfill any kid's dream for at least 15 minutes.

Now we could see the incontrovertible logic in what appeared to be quixotic ravings by the President about free trade with Colombia, Pell Grant for Kids and the surge in Iraq. In Iraq, General Petraeus tells us we must continue to feed in troops for another ten years. There is no way the military can recruit these freedom fighters unless our lower income youth are high, hooked and desperate. Don't say, 'crack vials,' they're, 'Democracy Rocks'!

The plan would have been clearer if Mr. Bush had kept in his speech the line from his original draft which read, "I have ordered 30,000 additional troops to Iraq this year - and I am proud to say my military-age kids are not among them."

Of course, there's an effective alternative to Mr. Bush's plan - which won't cost a penny more. Simply turn it upside down. Let's give each millionaire in America a $20 bill, and every poor child $287,000.

And, there's an added benefit to this alternative. Had we turned Mr. Bush and his plan upside down, he could have spoken to Congress from his heart.

-For more on Bush and education read "No Child's Behind Left" in Armed Madhouse excerpted here.

-Also read Palast's take on the 2007 State of the Union here.

ENDS

Greg Palast is the author of The Network: The World as a Company Town, in the New York Times bestseller, Armed Madhouse. Hear Ed Asner read from the book and the film 'The Network' at www.gregpalast.com.

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