Shackleford
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That's what happens when you have an extremely weak economy.
gbeagle said:As a graduate student at a UC school, I can tell you that it is that bad. Some of the campuses are even closing whole departments... Also since it's looking like the ballot prop. in June to raise taxes might not even happen, the cuts to the UC system are likely going to get even larger.
spartanaudio said:Thinking Austin, Texas but not too sure of the situation there.
twofish-quant said:2) California is at least handling the issue. My sense is that Texas is still in a state of denial about how bad the situation is.
Pengwuino said:Stop that. UT Austin was my one side hail mary play in all of this.
California is still pretty much in denial. Jerry Brown is screwed along with the rest of us.
lurky said:I'm sorry but I find all of this absolutely incredible.
This is what happens with poor management. The problem with decades of politicians campaigning on promises of high services and low taxes is that such a system is unsustainable. High services are great, but the money for them needs to come from somewhere. To make a physics analogy: We've been trying to break a conservation law for a long time. Unfortunately, this just isn't possible. (Hence the crushing debt...)Shackleford said:That's what happens when you have an extremely weak economy.
G01 said:This is what happens with poor management. The problem with decades of politicians campaigning on promises of high services and low taxes is that such a system is unsustainable. High services are great, but the money for them needs to come from somewhere.
To make a physics analogy: We've been trying to break a conservation law for a long time. Unfortunately, this just isn't possible. (Hence the crushing debt...)
The whole country will have to deal with this before it's over. California is just the start.
Hang in there and stay calm. Hopefully a good solution will present itself soon.
G01 said:The whole country will have to deal with this before it's over. California is just the start.
G01 said:With 20-20 hindsight, I think it's less incredible than it initially seems. The whole country has been going down this road for a while.
This is what happens with poor management. The problem with decades of politicians campaigning on promises of high services and low taxes is that such a system is unsustainable. High services are great, but the money for them needs to come from somewhere. To make a physics analogy: We've been trying to break a conservation law for a long time. Unfortunately, this just isn't possible. (Hence the crushing debt...)
The whole country will have to deal with this before it's over. California is just the start.
Penguino: I hope it all works out for you. Hang in there and stay calm. Hopefully a good solution will present itself soon.
Shackleford said:There is a budget shortfall because of the weak economy. This highlights the fact of bloated state and federal budgets. If the budget has to be cut, education is always a target because it typically consumes the most of state budgets. People who clamor and whine about cutting education spending when the budget has to be cut are being irrational and immature.
We should be asking how we get the economy moving again. You do not do that by raising taxes.
ParticleGrl said:Its easier to destroy than to create- departments closed down may take much longer to rebuild as the economy begins to grow again and the budgets move to surplus.
And you don't do it with deep spending cuts either.
G01 said:With 20-20 hindsight, I think it's less incredible than it initially seems. The whole country has been going down this road for a while.
Shackleford said:There is a budget shortfall because of the weak economy. This highlights the fact of bloated state and federal budgets.
The states are not cutting education funding completely. They're simply reducing the amount going towards education. This should force the state and local ISDs to trim the fat, become more efficient, and spend the money wisely.
That's just the way it is. We should be asking how we get the economy moving again. You do not do that by raising taxes.
Shackleford said:Who says the departments need to open back up in the first? Essential functions of government are the most important things we need to fund.
Spending money you don't have is generally a bad idea.
There is nothing wrong with spending cuts. Letting us keep more of our own money to invest or spend it as we see fit is always a good idea.
twofish-quant said:People that make $250,000+ need their taxes increased, and that will be enough to pay for things.
You could easily fix that problem by raising the high earner's salaries by x3.45. and leaving the tax rate the same. As somebody said, the money can come from a printing press, and it tends to flow uphill...Vanadium 50 said:Actually, it's not. The Federal deficit is $1.3T. The total income tax collected is $900B. 59% is paid by people making $160k a year or more. To close the gap requires their taxes to go up by a factor of 3.45, making the highest bracket 120%.
