The incomparable Theodore Dalrymple in City Journal:

The [Labour Party] canvasser was a pleasant lady, and I stopped to discuss educational policy with her. Both main political parties think that more money should be allocated to schools. I said that I did not believe that the abysmally low level of education and culture in much of the country was caused by a lack of money. We spend, on average, $100,000 on a child’s education and yet an uncomfortably large proportion of our children leave school with reading and math skills below those stipulated for 11-year-olds. Moreover, the proportion of such people has remained more or less constant for the last 40 years, despite vastly increased expenditure. The problem, therefore, is not lack of funds, as the canvasser’s party pretended that it was, but something much deeper and harder to solve.

We agreed, therefore, that there was a profound cultural and moral malaise in the country. The clear implication was that it had nothing whatever to do with insufficient government spending. The schools don’t teach and the police don’t protect, all because of a failure of nerve. We parted amicably, I to my shopping, she to canvassing on behalf of a political party that maintains that all problems arise from lack of government expenditure, problems that will somehow be solved by taxing the rich.

Dalrymple is writing about education in England, but his observations apply equally well to education in the United States and North Carolina.