To take the question in the OP and go a different direction with it, here's my short response:
The public education system in this country is completely broken and is a joke. Yes, there are some wonderful teachers out there and there are some terrific schools. There are also some fantastic parents who get involved and help their children excel no matter how good or how bad a given school is. But the system as a whole is failing miserably, IMO. Is the solution privatization? I really don't know what the solution is, to be honest. I think the problem is far too big and complex for me to know what the solution is, frankly.
What I do know is that an alternative solution that most people in this country know next to nothing about is homeschooling. We got into home schooling with our kids not really knowing the full gamut of options and resources out there, but we have been discovering a lot as we go. And I will say that if done properly, it can educate far better than the public school system is equipped to do. I have seen it work with great success with various friends who are at all different stages (we have some friends who homeschooled whose kids are now done, have completed college, and are now working adults, some who have young kids, and some at various stages in between). As far as our kids, our boys are starting second grade and kindergarten, and while it is still very early, here are some of the upsides we have seen: Our kids are far ahead of their peers in their education. Our second grader is years ahead of the CA standards in reading and math, and has been learning some history, science, foreign language, and creative arts (drawing and piano, which he is also doing well at). Our son in kindergarten can already read and do some basic math. His friends, who are all smart kids, can't really do either. And they both enjoy learning, which is tremendous. I mean, do we have days where they are difficult and moan about opening the books? Sure. But overall, they are enjoying themselves, as are we in being so actively involved in their learning. We also enjoy the ability to plan meaningful field trips where they see what they are learning about hands-on instead of just learning from a book, or doing non-traditional things at home that help them learn in a more hands-on way. For instance, when our oldest was learning about how plants work on a very basic level, it isn't just reading it in a book. They read it. Then maybe we go visit a farm and see it on a mass level. Then we go out in the garden and plant something and they take care of it for a few months and actually get to see it up close and personal. Or, for another example, they are learning fractions in math class. Yes, there is the traditional book work. And then there is the also familiar working with things like cutout pizza wedges and such. But then they go into the kitchen and bake stuff with my wife and she shows them how to measure, and that this cup is half a cup and it takes two of those to make a whole cup, and so on, so they see fractions from a very practical, useful standpoint that they can related to even as small children. On top of that, the whole process is just so much more efficient. We can get so much more done in less time than it takes in public school. And because we are always ahead of schedule, it's nice doing things spontaneously like declaring "P.E. day!" and packing up the van to head to the ski slopes, or some such. Of course, it's a lot more work for us. But the payoff, especially in comparison to what we've seen from the public school system as a whole, is huge.
tl;dnr: public education = teh suxx