Yet Another Public Employee Bailout: $26 Billion dollars down the drain

[Slew Foot]

http://news.yahoo.com/s/ap/20100804/ap_on_bi_ge/us_jobs_bill

Yep, you can thank the dems that your poor high school wont have to lay off one of their 15 vice principles making 200K. Whew, and we only had to beat our grandkids out of $26 billion dollars plus interest!

 

[Skitzer]

I kinda skimmed over the article. Did it mention how we were going to pay for this?

 

[halik]

Union blowey for sure.

I guess on the flipside, we're only paying some 1/2% on the 26bn

 

[bamacre]

I kinda skimmed over the article. Did it mention how we were going to pay for this?

 

[Throckmorton]

Down the drain? Is that what teachers do with their salary these days? And silly me thought they went out and spent it like everybody else.

So it would be better if they instead got unemployment for doing nothing right?

 

[her209]

http://news.yahoo.com/s/ap/20100804/ap_on_bi_ge/us_jobs_bill

Yep, you can thank the dems that your poor high school wont have to lay off one of their 15 vice principles making 200K. Whew, and we only had to beat our grandkids out of $26 billion dollars plus interest!

What makes you think the people with cushy jobs would cut their own jobs?

From the article:

The Education Department estimates the $10 billion for school districts would save about 140,000 teacher jobs. The Economic Policy Institute, a liberal think tanks partially funded by labor unions, estimates the $16 billion in additional Medicaid funding next year would save the jobs of 150,000 state employees across the country.

That's about $71,428 per teacher.

 

[MotF Bane]

Will this bailout also prove to be a boon for the world?

 

[Zebo]

We borrow it. Rich, who own govt, don't want their wealth diluted and want interest..

 

[ShawnD1]

http://news.yahoo.com/s/ap/20100804/ap_on_bi_ge/us_jobs_bill

Yep, you can thank the dems that your poor high school wont have to lay off one of their 15 vice principles making 200K. Whew, and we only had to beat our grandkids out of $26 billion dollars plus interest!

Is this like soccer where the team has 9 co-captains?

 

[dainthomas]

Let's see, property values plummet, schools rely largely on property taxes, therefore the solution is to can teachers, making our future workforce even dumber than they already are.

Great plan from the right-wingers, as always.

 

[Fear No Evil]

Let's see, property values plummet, schools rely largely on property taxes, therefore the solution is to can teachers, making our future workforce even dumber than they already are.

Great plan from the right-wingers, as always.

So teachers should NEVER get a lower raise or have to make cuts in what they make when the rest of thew world does during a recession? There are options besides CUTTING teachers as well. Like firing bad ones, reducing benefits (Making them actually PAY something toward healthcare), lowering raises.. etc..

Great plan from the left-wingers. Just throw more money at it, we can print more.

 

[Patranus]

Let's see, property values plummet, schools rely largely on property taxes, therefore the solution is to can teachers, making our future workforce even dumber than they already are.

Great plan from the right-wingers, as always.

Or......
You could go to the community and raise property taxes.

If the community wants more teachers that community can pay for it. Why is this concept so hard to understand?

 

[hal2kilo]

Or......
You could go to the community and raise property taxes.

If the community wants more teachers that community can pay for it. Why is this concept so hard to understand?

With people like you raging on the no taxes, tax increase mantra, you think taxes can get raised.

Pff...

Please continue with your irony.

 

[heyheybooboo]

Does this mean Spidey's wife can keep her job?




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[spidey07]

Does this mean Spidey's wife can keep her job?




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Teachers union actually demanded, and got a 2% raise for everybody. Make no mistake, this is union grease.

 

[First]

Good, money well spent as long as it's rare over the long-haul.

 

[heyheybooboo]

Teachers union actually demanded, and got a 2% raise for everybody. Make no mistake, this is union grease.

The Union's grease is a Taxpayer lube?

I don't actually begrudge them (or you wife, except for that mighty toleration of hers). They laid off 5k in NC, and cut salaries the last few years.

They were arguing about a 0.5 percent to 1.8 percent increase for this year but I'm not sure if it passed.




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[her209]

Teachers union actually demanded, and got a 2% raise for everybody. Make no mistake, this is union grease.

So what? Teachers probably get 2% raises when everyone else is getting more.

 

[dainthomas]

Or......
You could go to the community and raise property taxes.

If the community wants more teachers that community can pay for it. Why is this concept so hard to understand?

The problem with that is two-fold. First, a lot of states have super-majority rules for any tax increases. Second, as boomers get older (and kids move out) they are less likely to vote for something that they perceive as not affecting them directly.

 

[Hacp]

Great, so teachers get a pay raise while everyone else in the real world gets a pay cut and higher taxes. Didn't Obama say everyone needed to share the burden equally?

 

[ebaycj]

So what? Teachers probably get 2% raises when everyone else is getting more.

That is true.

Also, Teachers top out pretty much around 100k, unless you get into administration.

They also don't get Year-End Bonuses.

Teaching is a slow-and-low-growth position, that's why they demand their tiny raises every year, even in a down economy.

 

[PeshakJang]

It's the liberal mantra... if you want something, it must be your right to have it.

If it might be uncomfortable for you to go without it, it must be your right to have it.

 

[Fenixgoon]

What makes you think the people with cushy jobs would cut their own jobs?

From the article:

That's about $71,428 per teacher.

right. you have to factor in pay, medical costs, etc. the cost of an employee isn't just their salary.

 

[Patranus]

The problem with that is two-fold. First, a lot of states have super-majority rules for any tax increases. Second, as boomers get older (and kids move out) they are less likely to vote for something that they perceive as not affecting them directly.

That is true. However it doesn't preclude cities/counties from raising taxes or issuing bonds.

The problem is not that there isn't enough taxes rather how taxes are spent. With massive entitlement programs such as welfare (instead of workfair), Medical (or whatever your state has), pension plans, it isn't a surprise there isn't money left for actual teachers.

 

[drebo]

The public school system is broken and throwing money at it is NOT going to fix it.

Hell, there are more administrators per student than there are teachers per student in my local big school district. There's no reason for that. We don't need four full-time grumpy old women in the Attendance Office of the local high school with 2700 students. Shitcan them and have the damn receptionist do it. There, I just saved the school district $200k/yr.