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With all the recent coverage of Occupy Wall Street and President Obama's jobs bill, we've heard a lot of polling results showing that a large plurality of Americans supports raising taxes on high earners, and that this support is strong among both Democrats and Republicans.

Bill Gates was just in the news again, bemoaning the sorry state of America's schools, insisting that business leaders like him have a lot to teach us about measuring performance. Mr. Gates, in years past, has worried about the fact that we rank poorly on international educational comparisons, suggesting this will cause us to fall behind economically. The answer, according to Mr. Gates, is that we must get rid of bad teachers. He said, during his appearance on Oprah last year, that if we got rid of all the bad teachers, "our schools would shoot from the bottom of these rankings to the top."