Before I express my opinion, I'd like to post a link to
the thread where this topic came up. There are some pretty good posts there, and I think they make for interesting background reading if you're interested.
I believe vouchers are a good idea, for two reasons. First of all, I think schooling should be government-funded in order to give all kids a reasonably equal start. Unlike some extreme libertarians, I don't want a completely privatized system. Second, while I prefer it that schooling continue to be
funded by the whole of society, I have no reason to believe that government is any more competent at
running schools than it is at running Amtrak or the Postal Service. As far as I know, government has earned a well-deserved bad reputation in running those.
Therefore, if I was king of the USA and could freely choose America's system of education, I would give parents a voucher that covers the complete cost of educating their child -- $10000 per child and year, say. Parents could then decide for themselves which kind of school delivers the best value for their money. If liberals are right, most of the schooling will be provided by government schools. If conservatives are right, the bulk of all schooling would end up being provided by private schools.
The important point is, the issue would be decided by consumer choice, not by government decree. I very much prefer that.
-- Thomas