Home › Forums › Financial Markets/Economics › Non-salary CA budget cuts
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May 20, 2009 at 5:21 PM #403991May 20, 2009 at 7:26 PM #403383beanmaestroParticipant
[quote=patientrenter]Isn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.[/quote]
So, you expect federal funds for all of the 30-40 states that are in the hole now?
May 20, 2009 at 7:26 PM #403635beanmaestroParticipant[quote=patientrenter]Isn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.[/quote]
So, you expect federal funds for all of the 30-40 states that are in the hole now?
May 20, 2009 at 7:26 PM #403873beanmaestroParticipant[quote=patientrenter]Isn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.[/quote]
So, you expect federal funds for all of the 30-40 states that are in the hole now?
May 20, 2009 at 7:26 PM #403932beanmaestroParticipant[quote=patientrenter]Isn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.[/quote]
So, you expect federal funds for all of the 30-40 states that are in the hole now?
May 20, 2009 at 7:26 PM #404082beanmaestroParticipant[quote=patientrenter]Isn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.[/quote]
So, you expect federal funds for all of the 30-40 states that are in the hole now?
May 20, 2009 at 7:30 PM #403393mydogsarelazyParticipantAt the moment, there is a proposal to cut $825 million from the annual budget of the California Community College system, which is the world’s largest higher education system.
An estimated 250,000 students would likely be lost under the budget proposal, and that may be a conservative number. That is equivalent to shutting down the University of California, plus an additional 30,000 students.
JS
May 20, 2009 at 7:30 PM #403645mydogsarelazyParticipantAt the moment, there is a proposal to cut $825 million from the annual budget of the California Community College system, which is the world’s largest higher education system.
An estimated 250,000 students would likely be lost under the budget proposal, and that may be a conservative number. That is equivalent to shutting down the University of California, plus an additional 30,000 students.
JS
May 20, 2009 at 7:30 PM #403883mydogsarelazyParticipantAt the moment, there is a proposal to cut $825 million from the annual budget of the California Community College system, which is the world’s largest higher education system.
An estimated 250,000 students would likely be lost under the budget proposal, and that may be a conservative number. That is equivalent to shutting down the University of California, plus an additional 30,000 students.
JS
May 20, 2009 at 7:30 PM #403942mydogsarelazyParticipantAt the moment, there is a proposal to cut $825 million from the annual budget of the California Community College system, which is the world’s largest higher education system.
An estimated 250,000 students would likely be lost under the budget proposal, and that may be a conservative number. That is equivalent to shutting down the University of California, plus an additional 30,000 students.
JS
May 20, 2009 at 7:30 PM #404092mydogsarelazyParticipantAt the moment, there is a proposal to cut $825 million from the annual budget of the California Community College system, which is the world’s largest higher education system.
An estimated 250,000 students would likely be lost under the budget proposal, and that may be a conservative number. That is equivalent to shutting down the University of California, plus an additional 30,000 students.
JS
May 20, 2009 at 8:19 PM #403428no_such_realityParticipant[quote=Eugene][quote=meadandale]
There is no justification for salaries AS HIGH or higher than the private sector IN CONJUNCTION WITH gold plated retirement benefits.I mean, come on, retiring at 50 with 100% of your highest salary FOR LIFE?[/quote]
If you believe that, why are you still employed in the private sector?
Senior programmers often make 100-120K in San Diego, to 150K in Silicon Valley. An equivalent state job for a guy with similar experience would pay 60-75K. People ONLY take those public sector jobs because of benefits. Because public sector salaries suck.
[/quote]
That’s because their skills and work ethic is usually snuffed out by the third year. They then just start the 27 year druggery march to not violate a explicit direction or policy until they retire.
May 20, 2009 at 8:19 PM #403681no_such_realityParticipant[quote=Eugene][quote=meadandale]
There is no justification for salaries AS HIGH or higher than the private sector IN CONJUNCTION WITH gold plated retirement benefits.I mean, come on, retiring at 50 with 100% of your highest salary FOR LIFE?[/quote]
If you believe that, why are you still employed in the private sector?
Senior programmers often make 100-120K in San Diego, to 150K in Silicon Valley. An equivalent state job for a guy with similar experience would pay 60-75K. People ONLY take those public sector jobs because of benefits. Because public sector salaries suck.
[/quote]
That’s because their skills and work ethic is usually snuffed out by the third year. They then just start the 27 year druggery march to not violate a explicit direction or policy until they retire.
May 20, 2009 at 8:19 PM #403918no_such_realityParticipant[quote=Eugene][quote=meadandale]
There is no justification for salaries AS HIGH or higher than the private sector IN CONJUNCTION WITH gold plated retirement benefits.I mean, come on, retiring at 50 with 100% of your highest salary FOR LIFE?[/quote]
If you believe that, why are you still employed in the private sector?
Senior programmers often make 100-120K in San Diego, to 150K in Silicon Valley. An equivalent state job for a guy with similar experience would pay 60-75K. People ONLY take those public sector jobs because of benefits. Because public sector salaries suck.
[/quote]
That’s because their skills and work ethic is usually snuffed out by the third year. They then just start the 27 year druggery march to not violate a explicit direction or policy until they retire.
May 20, 2009 at 8:19 PM #403977no_such_realityParticipant[quote=Eugene][quote=meadandale]
There is no justification for salaries AS HIGH or higher than the private sector IN CONJUNCTION WITH gold plated retirement benefits.I mean, come on, retiring at 50 with 100% of your highest salary FOR LIFE?[/quote]
If you believe that, why are you still employed in the private sector?
Senior programmers often make 100-120K in San Diego, to 150K in Silicon Valley. An equivalent state job for a guy with similar experience would pay 60-75K. People ONLY take those public sector jobs because of benefits. Because public sector salaries suck.
[/quote]
That’s because their skills and work ethic is usually snuffed out by the third year. They then just start the 27 year druggery march to not violate a explicit direction or policy until they retire.
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