'It's For The Children'

That's what the Left starts whining whenever they lack substance - or are otherwise losing - on fiscal issues. But their 'it's for the children' is modeled on the failed ideas of both Marx and Lenin, while Central and Eastern Europe pursue free-market capitalism and Western Europe confronts piddling distractions such as a Eurozone on the verge of collapse and bills coming due for single-payer health insurance, the very type of healthcare change now making its debut in the Colonies. But there's an upside: US schoolkids don't get hurt playing games such as dodgeball and many school decisions are made in consideration of whether it will possibly damage a student's self-esteem.

Czech secondary school students Europe's best in finance literacy

Czech secondary school students finished the best in Europe in a test of financial literacy organised by the NGO Junior Achievement along with the Citi Foundation, the two organisations' representatives have told CTK.

The test involved almost 3000 students from 12 European countries.

Young Europeans did markedly better in the test than their peers from the U.S.

"The Czech students achieved the important victory when they finished first with the highest number of correctly answered questions, ahead of Bulgaria and Britain," Junior Achievement executive director Josef Mueller said.

Congratulations to the Czech students, you are the best amongst your peers.

The questions checked how students understand basic financial principles and terms.

European students correctly answered almost 63 percent of the questions, while the U.S. students achieved 48-percent success.

The Czech Education Ministry made financial literacy a part of school curricula last year. It is not a compulsory subject, it is up to schools to offer such lessons.

A previous research by the Finance Ministry showed that Czechs have a low knowledge of the area of finance and banking. The special lessons are to help people better manage their household budgets and avoid a debt trap.

ČeskéNoviny via The Prague Monitor

The NEA was unavailable for comment.