Yahoo...yield curve inversion...how long does Illinois have left?

[Jon998877]

Originally Posted by MSchemist80

Ineffective in that today's HS graduates are often lacking in both character and educational skills to succeed in the workforce. Our colleges aren't helping much either putting out way too many graduates with worthless degrees and indoctrinated with socialist/leftist views that are not conducive to being productive members of society and the work force.

Also I don't see the schools correcting any of this. They are still handing out participation trophies, they are still beholden to unions that prevent ineffective and psychologically dysfunctional teachers from being removed, still spend too much of their time teaching useless skills or preparing for tests to try and prove they aren't as ineffective as they really are.

And I see kids that lack work ethic, which I blame squarely on the parents

[Kmanshouse]

The education system isn't perfect, but I agree that most of the ills of kids/society these days are attributable to 1) smart phone addiction and 2) parental expectations.

A lot of conservatives feel that teachers are infusing "poisonous liberal thinking" into their students. I have seen zero evidence of this through about age 16 with my kids or their peers (mine are all in college). Might see it a little toward the very end of HS - but the lion share of that is in college, which is not part of the "system".

Teaching young kids to be inclusive of others is not a political statement, it's just being a good human being.

[fusillirob1983]

Originally Posted by damba

‘people on welfare are getting free sex changes’ is an overused talking point from as far back as Rush Limbaugh.

This is the first time I started cracking up out loud reading city data. Nice work!

[Liledgy]

Originally Posted by MSchemist80

and hopefully force them to switch to a 401k system revoking their right to opt out for a pension system since Illinois has shown they are not responsible enough to handle other people's retirement savings.

Which will cost is hem more than the current 8.3% they are supposed to contribute.

[Liledgy]

Originally Posted by MSchemist80

Ineffective in that today's HS graduates are often lacking in both character and educational skills to succeed in the workforce. Our colleges aren't helping much either putting out way too many graduates with worthless degrees and indoctrinated with socialist/leftist views that are not conducive to being productive members of society and the work force.

Also I don't see the schools correcting any of this. They are still handing out participation trophies, they are still beholden to unions that prevent ineffective and psychologically dysfunctional teachers from being removed, still spend too much of their time teaching useless skills or preparing for tests to try and prove they aren't as ineffective as they really are.

Just a wild guess, you have no children.

[MSchemist80]

Originally Posted by Liledgy

Which will cost is hem more than the current 8.3% they are supposed to contribute.

And again the problem with the pensions isn't the contributions it is the liabilities, guarantees, and increases.

In theory yes the state contributes their 8.3 and if the actuary models (I'm sure the others on this thread can clarify) all work out then yea the state comes out ahead.

In practice, if the money isn't contributed at all, isn't invested properly, the stock market doesn't grow as predicted, people live longer than expected, the pols keep handing out increases, allowing double dipping and spiking... we end up where we are today where if the state just paid their 6.4% for SS and 4% 401k contribution like the Fed, as I mentioned earlier, they'd be done and would have come out ahead.

[Liledgy]

Originally Posted by MSchemist80

And again the problem with the pensions isn't the contributions it is the liabilities, guarantees, and increases.

In theory yes the state contributes their 8.3 and if the actuary models (I'm sure the others on this thread can clarify) all work out then yea the state comes out ahead.

In practice, if the money isn't contributed at all, isn't invested properly, the stock market doesn't grow as predicted, people live longer than expected, the pols keep handing out increases, allowing double dipping and spiking... we end up where we are today where if the state just paid their 10.4% for SS and 4% 401k contribution like the Fed, as I mentioned earlier, they'd be done and would have come out ahead.

It’s working perfectly for the IMRF.
And the state (teachers) would love a14.4% contribution! Your surely kidding.

[Jon998877]

Originally Posted by MSchemist80

And again the problem with the pensions isn't the contributions it is the liabilities, guarantees, and increases.

In theory yes the state contributes their 8.3 and if the actuary models (I'm sure the others on this thread can clarify) all work out then yea the state comes out ahead.

In practice, if the money isn't contributed at all, isn't invested properly, the stock market doesn't grow as predicted, people live longer than expected, the pols keep handing out increases, allowing double dipping and spiking... we end up where we are today where if the state just paid their 10.4% for SS and 4% 401k contribution like the Fed, as I mentioned earlier, they'd be done and would have come out ahead.

At a teacher I would have been fine with that, 13.2% of my salary is out into a 401K by my district and state plus I get SS, that’s fine..

What you guys fail to address is that messing with pension is only going to add to the teacher shortage.. which I find is ironic considering some here act like education is a golden ticket to major wealth for teachers.. if it’s so great, why are we short teachers??

[nap1313]

Also, teachers would love to fail students who are not meeting expectations or mastering skills. It’s administration and parents that are perpetuating the “participation trophy” philosophy. Admin caters to parents’ wishes and whims, and some parents refuse to blame themselves or their children for their lack of learning.

Teachers are damned if they do, damned if they don’t. If students are failing, it’s the teachers’ fault. They are criticized for not motivating students to care about their education or being unreasonable in their expectations. Then, if teachers end up decreasing rigor and expectations after intense pressure from admin, patents, and students themselves, they are criticized by society at large for dumbing down education and allowing unprepared students to pass.

[Kmanshouse]

Originally Posted by nap1313

also, teachers would love to fail students who are not meeting expectations or mastering skills. It’s administration and parents that are perpetuating the “participation trophy” philosophy. Admin caters to parents’ wishes and whims, and some parents refuse to blame themselves or their children for their lack of learning.

Teachers are damned if they do, damned if they don’t. If students are failing, it’s the teachers’ fault. They are criticized for not motivating students to care about their education or being unreasonable in their expectations. Then, if teachers end up decreasing rigor and expectations after intense pressure from admin, patents, and students themselves, they are criticized by society at large for dumbing down education and allowing unprepared students to pass.

qft!!