Texas ISD laying off 1100 employees (Dallas, Austin: credit, layoffs, school)

[HappyTexan]

Please no flames. I am posting this in the Austin forums for awareness.
This economic crisis is working it's way through the system and it is hitting Texas.

We should be thankful though that we are still much better off than other states BUT..we are not immune.

This is Dallas ISD that will be laying off teachers although from other articles I read..teachers will be the last ones..they will do everything they can to reduce their budget before laying off teachers.

As consumer spending dries up..so do City, County, State revenues.

KXAN.com - News, Weather, Sports - Austin, TX | 150 Dallas school employees lose jobs

[blueskies49]

I agree that we are doing better than other states but that also we aren't/will not be immune to some of the current economic troubles but the reason for the DISD layoffs is that they thought they had $80 some million and worked it all into the budget. Later they discovered the mistake and now are having to pay the consequences. That was funds they never had to start with and can't possibly justify the budget for it.

[Exiled Texan]

Austin is known for having a good amount of start ups and entrepreneurs. These start ups need financing. That financing is quickly drying up.

No one is immune. It is dangerous to think you are.

[Philip T]

Happy and Exiled -- there is enough worry and concern without trying to create hype and bs.

Dallas ISD has been a notoriously corrupt and incompetent organization for YEARS. Talking decades of various messes, millions missing, on and on. The current mess with Dallas ISD has NOTHING to do with credit markets, peak oil, end of the world, or space alien attacks. To imply that it does takes away from placing the responsibility on the Dallas ISD admin -- where it totally belongs.

[Exiled Texan]

Phillip-

I agree Dallas' mess has nothing to do with the credit events. But the lack of liquidity in the markets right now is causing enough damage.

While I think there is an extreme reaction going on right now in the markets, I don't believe all of it is illogical. I think you also assume my comment was one based upon hypothetical assumptions. That may not be the case.

[HappyTexan]

Originally Posted by Philip T

Happy and Exiled -- there is enough worry and concern without trying to create hype and bs.

Dallas ISD has been a notoriously corrupt and incompetent organization for YEARS. Talking decades of various messes, millions missing, on and on. The current mess with Dallas ISD has NOTHING to do with credit markets, peak oil, end of the world, or space alien attacks. To imply that it does takes away from placing the responsibility on the Dallas ISD admin -- where it totally belongs.

PhilipT..I am not creating hype and bs..please note that I posted that to inform people. We here in Texas are NOT in a bubble.

Mess or no mess..the fact that teachers are targeted should say something..cutting back budgets has happened in the past and laying off teachers was not something I remember reading.

[Philip T]

Originally Posted by HappyTexan

PhilipT..I am not creating hype and bs..please note that I posted that to inform people. We here in Texas are NOT in a bubble.

Mess or no mess..the fact that teachers are targeted should say something..cutting back budgets has happened in the past and laying off teachers was not something I remember reading.

They cut these teachers . . . because they had just hired a several hundred new teachers. They never had the budget to hire the new teachers to start with. It really was/is that simple. The admin for Dallas ISD are truly retards who cannot do or will not check basic math.

I agree Texas is just moments from going over the edge with the rest of the US. Our hit will happen when the energy market begins to fully collapse -- as it did in 1986-7. The energy market has already started to go over the edge, but there is a delay in the impact on us, here. However, none of that is related to the Dallas ISD and teachers.

[marylee54]

So teaching isn't a safe haven, either. Just what is!

[Philip T]

Originally Posted by marylee54

So teaching isn't a safe haven, either. Just what is!

Marylee, it is far more basic than this . . . .

Working for incompetent and/or corrupt people is a not a safe haven -- turns out in practice, that is what makes a very UNsafe position.

Has nothing to do with teaching, or even if you are good, bad, or indifferent.

Solomon (in Proverbs) probably said it best -- The Fool's Companion Suffers Harm.

Works that way for folks who work for incompetent crooks like the Dallas ISD.

Works that way for tellers in banks that get shut down due to incompetence and/or crooked behavior. Does not mean being a bank teller is good or bad -- Just do not work for incompetents and crooks.

Works that way for troops under BushCorp with the incompetents and crooks. They are harmed by the leadership of fools.

Teaching is fine. Just look out who you are working for.

[Mike78613]

This is sad news. Hope it does not hit ATX. If it does.... I hope I get a tax break out of it due to soaring property / school taxes I pay out...