Commentary With Democrats’ multitrillion dollar Build Back Better initiative hitting a wall in the U.S. Senate, President Joe Biden has suggested that components of the bill be advanced separately. One of these components is a plan for government funded universal pre-K schooling. It would fund school for some 6 million children ages 3 and 4. Federal funds would be provided for six years, the first three funded 100 percent by the federal government, with the share provided by states increasing up to 40 percent by year six. Total cost estimate generated by the bill’s sponsors is $200 billion. But like the entire Build Back Better plan, the cost estimate is far below reality. Who will believe that the plan will die after six years? American Enterprise Institute analysts suggest a more realistic price tag should be around $500 billion. We’re talking here about adding hundreds of billions of dollars of …