Commentary One thing Americans need to realize is how hard inflation could hit school budgets. Bus fleets will pay higher gas and diesel prices. Much higher fertilizer prices will push up food costs in school cafeterias. And unions will demand inflation premiums on their contracts. With inflation now running 10 percent, according to a March 15 U.S. Labor Department report, it’s going to hurt school budgets the same way it hurts the budgets of other government sections, businesses, and families. If a recession is thrown into the mix, reducing tax revenues, then schools are going to face their biggest financial crisis since the 2008 Subprime Recession hit. Let’s look at the Los Angeles Unified School District, the country’s second largest, with more than 600,000 students in 1,000 schools. A similar situation will exist with smaller districts. An LAUSD spokesman told me, “On an ongoing basis, we assess our operations to …