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@BarackObama tweets bogus stat about economics of pre-K education

If you find this claim hard to believe, good for you.

The “$7 in savings per dollar invested” stat is based on a single, tiny early childhood experiment inYpsilanti, Mich., in the 1960s (the Perry preschool program). Andrew Coulson of the Cato Institute notes,

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Out of the literally hundreds of preschool studies conducted in the past half-century, the Perry results are not representative and have never been reproduced on a national or even a state level. In fact, an earnest experimental effort to reproduce them for just a few hundred children at eight locations failed despite an annual investment of $32,000 per child, adjusted for inflation—far more than the President currently contemplates spending … Indeed the largest, best designed, most recent studies of federal pre-K efforts were published by the Obama administration itself: the Head Start Impact Studies. These studies find little or no net lasting benefit to federal pre-K.

What is it with the Left and phony social science statistics?

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