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My wife is a teacher - this week she told me they laid off 82 teaches and there was still more to go in her school where she works.....
My wife teaches in Spanish - Trigonometry and Geometry for 132 students throughout the day.
Translating her lesson plans, grading home work, working 70 to 80 hours a week and weekends, thousands in school loans - this is the reward....
I doubt your wife would have a hard time finding a job. I don't think too many bilingual math teachers are running around. However, education and student loans don't guarantee one a job. Anyone who thinks that a degree entitles them to a guaranteed job deserves what they get.
I wonder if all the teachers getting laid off now regret towing the union line of not negotiating for jobs or giving concessions to alleviate the burden placed on the taxpayers.
The only people who are benefiting from what is going on are the senior teachers. The younger teachers are getting laid off. The taxpayers are forced to pay higher taxes for an even lower quality education for their children. The children are going to receive less support and resources. All because the senior teachers have built a political machine that has changed all the rules to protect and benefit them.
Treasury Secretary Timothy Geithner said Monday that he will immediately halt investments in two big government pension plans so the government can continue to borrow money.
Geithner informed Congress of his decision in a letter stating that the government had officially reached its $14.3 trillion borrowing limit. He repeated a warning that if lawmakers do not increase the borrowing limit by August 2, the government is at risk of an unprecedented default on its debt.
The government has hit the debt ceiling 70-someodd times and voted to increase it every time, including 10 times since 2001. Don't worry about it.
Nice move, though. It seems perfectly inline with the GOP anti-civil service position to bleed Federal pension funds, then craft legislation to substantially increase employee contribution percentages to make up for the shortfalls.
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We are going to keep piling on more debt on every level of government starting from Federal, State, Municipalities, Schools etc. Eventually US dollar will be ZERO. Keep buying the junk from China with borrowed money from them or printed money from FED and no hard work to actually produce anything.
Quick tip - the government doesn't operate like your personal finances, and debt isn't bad so long as the money is being used to stimulate the economy, which will ultimately raise tax revenue and pay off that debt in the long term. This is basic Keynesian economics; government stepping in to smooth out business cycles and keep the economy stable. The government has a revenue problem, however, since they utterly refuse to raise taxes on the wealthy to even the levels we had under Clinton.
Revenue problem ? FED i agree State i don't agree !
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Originally Posted by Interlude
The government has hit the debt ceiling 70-someodd times and voted to increase it every time, including 10 times since 2001. Don't worry about it.
Nice move, though. It seems perfectly inline with the GOP anti-civil service position to bleed Federal pension funds, then craft legislation to substantially increase employee contribution percentages to make up for the shortfalls.
Quick tip - the government doesn't operate like your personal finances, and debt isn't bad so long as the money is being used to stimulate the economy, which will ultimately raise tax revenue and pay off that debt in the long term. This is basic Keynesian economics; government stepping in to smooth out business cycles and keep the economy stable. The government has a revenue problem, however, since they utterly refuse to raise taxes on the wealthy to even the levels we had under Clinton.
I agree bush tax cuts need to be reversed but then don't stop at 250k for that. If they need to be reversed then go back to what it was. Don't just tax the rich whenever there is shortfall or revenue issue. Also i don't know how bush tax cuts have to do with state budgets. Did NY gave any tax cuts ? So how come NY is having budget issues ? basically FED tax breaks are helping states indirectly as puts more money into people pockets so they spend and state gets sales tax.
Borrowing is okay as long as someone is willing to give you and you get the money at a reasonable rate. Now FED is just borrowing from itself basically printing money and debasing the dollar. How is that good ? If they need money then go sell bonds. Why print money to keep rates artificially low. Its basically stealing money from savers to spenders.
The government has hit the debt ceiling 70-someodd times and voted to increase it every time, including 10 times since 2001. Don't worry about it.
Nice move, though. It seems perfectly inline with the GOP anti-civil service position to bleed Federal pension funds, then craft legislation to substantially increase employee contribution percentages to make up for the shortfalls.
Quick tip - the government doesn't operate like your personal finances, and debt isn't bad so long as the money is being used to stimulate the economy, which will ultimately raise tax revenue and pay off that debt in the long term. This is basic Keynesian economics; government stepping in to smooth out business cycles and keep the economy stable. The government has a revenue problem, however, since they utterly refuse to raise taxes on the wealthy to even the levels we had under Clinton.
Alice called, Wonderland has revoked your visa and you need to go back!
Basic Keynesian economics states that a government can run a slight deficit in order to stimulate their economy in times of recession. He doesn't promote the idea that we should always run a deficit. And just conveniently ignore the fact that we have increased our debt by the same amount in the past 7 years as we did in the preceding 50 years. Don't worry about it! Wow, and online poster with a weak grasp on reality reassured me that everything is ok. I feel so much better.
Government spending gone awry is not some economic abstract. You can look at Portugal and Greece as two great examples. Are we where they are? No, but we're getting precariously close and we are not a small nimble nation that can easily change course.
But, you have a liberal White House and a rudimentary understanding of an economic theory with holes in it like Swiss cheese. What could go wrong?
Educate your fellow citizens its no longer about kids and its about the fat pensions and pay raises. Do it today or later it will get done as its on an unsustainable path...
Talk to your friends and ask them to go to polls today. Why because thats what the other side does and do it effectively each year. See the voting results for last year and the number of people went to vote. If you look at the data you will see based on the school district employees and multiply that by 2 and add a few more votes that all there is to YES votes. We need the NO votes to go into the polls.
Educate your fellow citizens its no longer about kids and its about the fat pensions and pay raises. Do it today or later it will get done as its on an unsustainable path...
Talk to your friends and ask them to go to polls today. Why because thats what the other side does and do it effectively each year. See the voting results for last year and the number of people went to vote. If you look at the data you will see based on the school district employees and multiply that by 2 and add a few more votes that all there is to YES votes. We need the NO votes to go into the polls.
Right because all the school district employees live in the district.
Right because all the school district employees live in the district.
You will never vote against your beliefs wherever you stay. Whats the probability of a teacher staying in another district to vote NO to school budget increase ? Wall street may screw the common guys but they are united when it comes to worse times. didn't you see all banks got bailed out and not a single bank raised the question why? Did any bank say We have been good let the other bank go down.
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yup!.......and its a crying shame we are ALL not reaping the benefits of our hard work!
The official language in the United States of America is ENGLISH!!!
Revenue problem ? FED i agree State i don't agree !
