Stimulus funds preserved 367,524 teacher jobs in 2009-2010, and the amount spent on saving these education-related jobs in the nation's public schools was nearly $100 billion, according to a story in The Baltimore Sun which relies on data from the US Department of Education.
That's about $272,000 for each teacher. Wow. Those must be some kind of wonderful teachers.
That's about $272,000 for each teacher. Wow. Those must be some kind of wonderful teachers.
That also means taxpayers all across America ended up on the hook for the salaries of about 7,350 teachers per state.
Formerly these teachers were paid directly from local property tax revenues, not borrowed funds, but these revenues have been in dramatic decline due to the crash in the housing market and due to skyrocketing unemployment and home foreclosures.
It is highly unlikely that more stimulus funds are on the way, and it is highly unlikely that property tax revenues will be raised easily in this economy, so isn't it time for the teachers in Wisconsin to pack it in already and quit the illegal strike?
They should be thankful just to have a job.
Formerly these teachers were paid directly from local property tax revenues, not borrowed funds, but these revenues have been in dramatic decline due to the crash in the housing market and due to skyrocketing unemployment and home foreclosures.
It is highly unlikely that more stimulus funds are on the way, and it is highly unlikely that property tax revenues will be raised easily in this economy, so isn't it time for the teachers in Wisconsin to pack it in already and quit the illegal strike?
They should be thankful just to have a job.
