diff --git a/examples/openspending/content/stories/frankfurt-is-investing-in-education-and-your-city-should-too.mdx b/examples/openspending/content/stories/frankfurt-is-investing-in-education-and-your-city-should-too.mdx new file mode 100644 index 00000000..64626f8e --- /dev/null +++ b/examples/openspending/content/stories/frankfurt-is-investing-in-education-and-your-city-should-too.mdx @@ -0,0 +1,192 @@ +--- +title: Frankfurt is Investing in Education, and Your City Should Too +date: 06/12/2023 +authors: ['Michael Polidori'] +--- + +_Note: The currency in this post has been converted to USD using an average exchange rate of 1 EUR = 1.20 USD._ + +Between 2008 and 2016, the population of Frankfurt, Germany grew from approximately 670k to 740k[^1], while +its spending on education climbed from \$465 million to a staggering \$814 million, a 75% increase. That's a +significant surge, bumping education to around 20% of the total budget, only second to social issues. + +The stacked bar chart below (using the [City of Frankfurt Expenditure dataset](https://www.openspending.org/@os-data/city-of-frankfurt-expenditure)) +helps to bring this data to life. It maps out the city's annual spending across various areas. As you can see, +the education slice has grown noticeably over the years, indicating Frankfurt's intention to prioritize this space. +The city's commitment to education is abundantly clear. + + + +Now, let's look at a line chart that traces only the trajectory of education spending through these eight +years (using the same dataset). It's not just a line; it's a testament to Frankfurt's growing conviction that investing in education is +the key to a prosperous future. + + + +Despite Frankfurt's population experiencing an increase of less than 100k during this period, the significant +investment in education tells a different story. It sends a clear message: education isn't merely a line item +in their budget—it's their future. + +During this period, it's likely that schools underwent major overhauls, more teachers got hired, new educational +programs launched, etc., to give every child in Frankfurt a chance to have an impactful and quality education. + +The beauty of good data is that it's not just numbers—it's narratives. And the narrative here is that Frankfurt +is leveraging the power of long-term investment in education for a better, brighter future. This investment in +education is not just about the dollars and cents. It's about recognizing the value of quality education to drive +social and economic progress. + +Frankfurt is a city that's recognized the power of education, and it's using that power to redefine its future. +One can only hope that more cities follow suit. + +[^1]: https://worldpopulationreview.com/world-cities/frankfurt-population +