Word: voucherization
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This so-called "right" to a private education forms the centerpiece of the Bush administration's education policy, consisting of a proposed voucher system which gives up to $1500 per child to parents to spend on any school they choose--public, private or parochial. The president also favors school choice and plans to institute a national, voluntary testing program...
DARMAN: The President's plan includes a number of important features. For every poor person, they would be given the equivalent of a voucher. We set it at about $1,850, which is sufficient to buy a satisfactory basic health- insurance plan in a market, something we favor. If for some reason they did not do so on their own, as soon as they come in contact with a hospital emergency room, they would be informed that they are eligible for the coverage...
Despite inflation of 1,000% this year, not everyone cared to take heed of Gaidar's advice. In private trading in Moscow, single vouchers were reportedly fetching anywhere from 500 to 50,000 rubles. Though conservative opponents called the program "deeply depraved" and have tried unsuccessfully to derail it in parliament, the government pressed on, vowing that every citizen will have received a voucher by Dec. 31. By then perhaps, Russians will have figured out whether they should buy, sell or hold...
Gaidar nonetheless is pressing ahead with his plan to put all small business and housing into private hands by 1994, and at least 60% of big business by 1995, initially through the voucher plan. Actually, some of Civic Union's supporters may not resist: they hope to buy up many of the vouchers and cement their control of businesses by becoming the official owners as well as the managers...
...even in middle Europe, a backlash is causing trouble. In Czechoslovakia, Prime Minister Vaclav Klaus is pursuing a rapid move to free markets -- he pioneered the voucher scheme for privatizing state industry that Russia now proposes to copy -- at the price of agreeing to a date of Jan. 1 for splitting the nation into separate Czech and Slovak republics. Slovak insistence on breaking up the union is fueled partly by ethnic animosity, often expressed as resentment of a "big brother" arrogance on the part of the Czechs. But it also reflects the Prague government's refusal to keep subsidizing such...