Parents are frantically fundraising after Brooklyn’s P.S. 9 lost some federal funds. (GothamSchools)
City parents say they are pitching in more often to boost their schools’ strapped budgets. (SchoolBook)
A former New Yorker who was pushed out of L.A.’s schools will help Buffalo’s system turn around. (AP)
Larry Littlefield
It would be nice if the Mayor would set things up to allow the city’s services to hit bottom before he leaves office. No such luck. With the pensions underfunded, one shot revenues being exhausted, and rosy assumptions in place, he’ll leave the disaster until 2014.
It’s one thing to make rosy assumptions at the bottom of an economic crisis. It’s another to do so when employment is near historic peak levels, interest rates are at rock bottom, and the stock market has been re-inflated. Given all the debt loaded on our economy, and the power of certain self-interested groups in the boardroom and the state legilsature, this really is as good as it gets for a while.
During the mid 2000s bubble Bloomberg make conservative assumptions. Not so now. The more the city keeps putting off paying for those retroactive pension deals, the bigger the hole grows, and the worse it will be later. My last kid graduated yesterday, so I guess you could say I benefitted from having the can kicked, but it’s still frustrating as the game is played to separate the benefits for some and the the disaster for the rest in time, so the thieves can slip away quietly while the rest are left to fight over scraps.
Larry Littlefield
It would be nice if the Mayor would set things up to allow the city’s services to hit bottom before he leaves office. No such luck. With the pensions underfunded, one shot revenues being exhausted, and rosy assumptions in place, he’ll leave the disaster until 2014.
It’s one thing to make rosy assumptions at the bottom of an economic crisis. It’s another to do so when employment is near historic peak levels, interest rates are at rock bottom, and the stock market has been re-inflated. Given all the debt loaded on our economy, and the power of certain self-interested groups in the boardroom and the state legilsature, this really is as good as it gets for a while.
During the mid 2000s bubble Bloomberg make conservative assumptions. Not so now. The more the city keeps putting off paying for those retroactive pension deals, the bigger the hole grows, and the worse it will be later. My last kid graduated yesterday, so I guess you could say I benefitted from having the can kicked, but it’s still frustrating as the game is played to separate the benefits for some and the the disaster for the rest in time, so the thieves can slip away quietly while the rest are left to fight over scraps.
Tim
Congratulations to you and your family on your youngest moving onward and upward. Please keep your commenting toe in the water around here.
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