Teachers’ unions must go. They are the driving force behind destroying America. Much curriculum is authored by their favorite demigod, Bill Ayers.
There is only one way to kill a leviathan—starve it.
School choice is the solution.
ALL organizations seem to have an progression arc. I wont call it an evolution, because the arc usually results in an organizations demise or restructuring. Even non profits, because bloat typically happens at the managerial level. Too many people, all used to putting their hands in the till.
Somewhere in that arc, almost all organizations become political. Again, it’s virtually inevitable, and the result of the sum of individuals getting greedy, not just for money, but for power.
Waste like this is always just a symptom.
Not to worry. It’s covered under the PBGC (Pension Benefit Gusrantee Collective) under the “too big to fail” clause.
It’s in the Constitution...er “Charter of Negative Liberties” according to that CONstitutional scholar, Barry. His credentials are impeccable. He won The Nobel POS Prize one year.
The retired may face horrible challenges in the coming years. Social Security is drained by the theft of its funds by the political class. The stock market is ALWAYS one crash away from total disaster. States may go broke - literally.
Because the market goes up forever. No one will notice as long as the balance goes up.
This is so absolutely absurd on the surface. Teacher retirement funds are underfunded, yet the teacher’s union leases an overpriced building.....?? What in the world are these people thinking about? Never went to college, let alone as a math major, but I can surely understand how wrong this looks. This union definitely needs to fall by the wayside.
While many comments here concern many issues with teachers unions and such, they are diversions from the main topic - defined benefit retirement plans.
That main topic has less directly to do with “teachers” than it does as the favored type of retirement plans by nearly all governmental units across the country, whether they be teachers or any other kind of government worker. That - defined benefit retirement plans - is the issue, not merely “teachers” or their unions (which comprise only a portion of all governmental employees nationwide covered by government organized defined benefit retirement plans).
$ 3.26 a square foot? Pretty pricey.
As My Dad used to say: “At that price, it better come with hot & cold running blondes”.
$3,912,000 per year.
OUTRAGEOUS
Here’s the genius running the Texas TRS:
Brian Guthrie
https://www.txdirectory.com/online/person/?id=27025&staff=5924
This article is really about divine contribution plan versus 401k retirement plan.
There are some people in Houston fighting to change the retirement plan for Texas teachers from the plan we now have.
THE CYCLE OF PUBLIC UNION CORRUPTION
1. Unions charge dues and set aside part for political causes (lobbying for benefits and pay.)
2. Legislators and governors have to approve and negotiate contracts with public unions.
3. The union bribes (contributes to campaigns and does separate TV ads) the officials (legislatures and governor), who supposedly are management and represent the taxpayers.
4. The legislature and governors approve higher pay and benefits.
5. Unions increase dues because members who will make an extra 400 a month don’t mind a extra 50 a month to the union.
6. The unions increase the bribes to get more pay and benefits..
RINSE AND REPEAT.
NYS has a HUGE building: https://images.app.goo.gl/7XmFZ7f6wkADAjXc6