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alstry (35.36)

Schools running out of money

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December 30, 2008 – Comments (7)

Yesterday I blogged how I disagreed with Mish about the impact of the debt crisis on Education.....today it seems the WSJ has caught up with me.......

Needy Schools Turn to Parents For Funding

PTAs Are Helping to Cover Cost of Books, Other Supplies; Paying to Keep a Teacher Aide

Public schools across the country, hurt by state- and local-government cutbacks, are tapping an alternative source of cash: Mom and Dad.

Parent groups and local nonprofit organizations have long raised money for activities like class trips, school dances and after-school clubs. But many parents say they now are shelling out for core curricular items that were once publicly funded -- from classroom supplies to teachers' salaries.

http://online.wsj.com/article/SB123059503016140943.html

Soon it will be not only schools asking Mom and Dad for more money.....it will be States, Counties, Cities.....you name it....if it needs money.....it shouldn't be surprising if it is running low.

As more and more need money, and more and more Moms and Dads run out of money, we are going to reach a crossroads, there will be too little money left to do much of anything......and if you try to inflate your way out of it without productivity improvements, even those currently rich will not beable to buy a loaf of bread.......

Now you are learning about the consequences of Alstrynomics.  Hyperinflation makes everyone poor, Deflation makes only most of the people poor.

And if you think we have it tough here....wait until you see how this impacts Asia.....Africa......Australia.......Amersterdam.......Argentina........and that is just some of the A's......

Get ready...30% umeployment and massive bankruptcies are not too far off.....if you understand this, than you should be prepared to make some excellent investments.

7 Comments – Post Your Own

#1) On December 30, 2008 at 5:23 PM, GNUBEE (27.03) wrote:

Yep.

They must have been reading the blog.

Public schools cash problems in the near future will be proof of just how embedded the housing bubbles tendrils are in much of society. Really, how could anyone expect that if you meddle with most of americans single largest asset that there wouldn't be problems?

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#2) On December 30, 2008 at 6:13 PM, MarketBottom (29.22) wrote:

Bet coming due

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#3) On December 30, 2008 at 11:08 PM, DemonDoug (85.04) wrote:

al, i agree with you on schools.  I think there will be massive colleges shutting down and even k-12 schools will be shutting down here in CA.

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#4) On December 31, 2008 at 1:09 AM, alstry (35.36) wrote:

Market,

Alstry always finishes strong!!!!!!!   :)

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#5) On December 31, 2008 at 12:07 PM, Mary953 (73.11) wrote:

What delightful places have you all lived in where schools had 100% funding from government? 

I have been shelling out money for (at the base of it) junk - high priced junk, at that, since the late-1970's from nieces, nephews, etc.  When we had school age kids, I told the principal to tell me how much profit The School would make and I would make a donation.  This is the way my parents did it in the $%$^'s when I was a child.  I just thought it was the way schools were funded. 

But yes, our school supply lists included a "class box" of pencils, of crayons, of Kleenex per child.  I regularly bought a carton of copier paper to split between the two teachers, just as I wrote teaching units when more material was needed for some area that hadn't quite been understood. One result (unintended) was that teachers requested my kids instead of the other way around.  Another was that my kids got away with about as much as I got away with -- Nuthin!

You spend your money and time in those areas most important to you.  For my family, education is of major importance

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#6) On December 31, 2008 at 3:11 PM, DemonDoug (85.04) wrote:

mary, did you ever buy chalk and erasers for chalkboards?  I wonder if dry-erase markers are more expensive than chalk (I bet they are).

also, it doesn't seem like you were directly paying teachers' salaries.

Yes, schools are always a partnership with parents in terms of funding, but as far as I can tell, parents weren't asked to directly subsidize teacher salaries at public schools.  (Private schools of course they did but not public schools - that's what property tax is supposed to be for.)

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#7) On December 31, 2008 at 4:49 PM, Mary953 (73.11) wrote:

Chalk - Yes

Erasers - No

Dry-erase boards and markers - Yes

Creating, staffing, setting up, taking down book fairs because the school library budget funded books at $0 for the year - Yes

Talked the School Superintendant into finding funds for an extra teacher - Yes

Paid for an extra teacher (fine arts) - No, but the parents of the City Public School System did

However, your point is well taken.  All of my actions were voluntary and came from a respect for education and from having a parent and friends that were teachers.  They knew that I would be able to handle a variety of needs, so they came to me to get the "outside" help that was and is needed at times.

Teachers know which parents can be counted on in a pinch. A friend of mine (last child just graduated) was just elected to the school board.  She ran after requests from the principals, teachers, and parents of her district - and won by a landslide! 

We are urged to vote new taxes for schools, and have been so urged for several decades. Schools then get a pittance and the rest go to street repair, jail construction, office repair, any project that needs money but is less "voter friendly".  There is no longer any credibility.  I would vote for ANY measure to fund schools that was given with these iron-clads written in -

1- All money raised to go to the schools, 2 - No money already being given to schools would be removed from the schools and spent elsewhere, and 3 - No income tax.  Our state doesn't have it and we do not need it.  We have had one governor who tried to cut off all education funds unless income taxes were passed.  We did not take kindly his use of our children as blackmail.  It has not been tried since.  I don't know what happened to the ex-governor.

Doug - Good thoughts as always!

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