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Public teacher’s high pay is not justified!


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2012 Jul 10, 8:23pm   47,960 views  142 comments

by EconPete   ➕follow (2)   💰tip   ignore  

Many teachers claim their incomes are insufficient. Many times they are not compared to the private sector because most teachers have very little real world, private sector, experience. They do not realize that pension and healthcare benefits that range from $10,000 to $60,000 a year are included in wages. Not including these huge benefits is a falsification of their compensation. Also, teachers have phenomenal job security which is not included in their nominal wages. Truthfully teachers only work about 2/3 of the year which is omitted from the conversation! Not too many private sector jobs get this perk, it’s funny that this is not factored in when looking at wages. Also not many private sector jobs have yearly scheduled pay increases equal or greater than inflation. It is easy to steal more money from tax payers, it is hard to compete to be deserving of those pay raises.

In the business world, an employee or owner brings in a certain amount of revenue to a company. In most circumstances, the compensation they get for their work is between 10%-15% of that revenue. Capital, raw materials, managers, interest, energy, facilities, transportation, and taxes all need to be paid with the other 90% to 85% of the money. So if someone makes $100,000 a year income, under normal circumstances, it is safe to say they bring in about $850,000 to $1,000,000 revenue a year. This shows that the worker is returning their worth to society because people voluntarily spent their money with their business and declared this entity worthy.

Now let’s look at the Public school teacher. In WI, the cost to educate a child per year in the public sector is around $12,000 a year! This is not viable in the private sector because nobody would be able to afford it, but let’s give teachers the benefit of the doubt. Then let’s say they teach 25 kids. 25 times $12,000 is $300,000 revenue a year. 15% of $300,000 is $45,000 a year. Including benefits, a starting teacher in WI makes $50,000 and a teacher with 30 years makes $95,000 with benefits. That is about 30% of revenue! This is all assuming that the $12,000 a year is possible. How many people can afford to pay that? That is why the private sector schooling is so less expensive!

Does anyone know why kids only go to school 2/3 of the year? It is because 120 years ago kids had to work in the farm fields! The public education school system is so outdated because it is restricted from competition! If schools had to compete for students and their funds, maybe then kids would be getting taught. In the private sector, companies don’t just get a geographic monopoly and get their customers handed to them like public teachers do. The private sector has to perform and prove their value to the customers. If they don’t, they will go out of business and those customers will go to succeeding schools. What this country needs is to restore capitalism to the education system. They should force schools and teachers to compete and let the parents decide where they want their own money spent and on what education they desire is best for their children, not some central planner in Washington!

Also one of the biggest detriments to free education is that it is FREE! People do not value things as much as when they have to give up hard earned funds. If parents had to spend even 50% of the cost to educate the child, they would be furious if the kid was not getting a return on their investment. If their kid came home with a C, the parents would express the cost and value of the education and ensure his performance. Now parents don’t even care because they don’t visually see the money being extracted from their paychecks in the form of taxes over the course of their lives. Collective responsibility of education diminishes the parent’s role in requiring value for the services their child should be receiving.

I recently calculated the dollar per hour wage of a 5th year teacher I know. They only work 35 hours a week, 39 weeks a year, which is 1365 hours a year. With a wage of $59,000, which includes benefits, this equals $43.22 an hour. How many private sector jobs offer this pay with all the given perks?

Teachers pay, the truth comes out:
http://www.jsonline.com/watchdog/dataondemand/33534649.html?appSession=17229597071022

Also, watch the movie “Waiting for Superman”.
http://www.movie2k.to/Waiting-For-Superman-watch-movie-482494.html

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95   Vicente   2012 Jul 12, 4:28am  

AlexS says

Remember your college days? Now, who were the stupidest, lowest performing, constantly bar-hopping students? Why, the Teacher majors!

Among my high school peers, the biggest jerks and idiots became cops. In college it was MGT Majors, I remember one guy whose favorite outfit was a bathrobe later joking about how much money he made for nothing productive.

YMMV.

96   AlexS   2012 Jul 12, 4:31am  

tatupu70 says

Well, that's certainly a convincing argument. Factual, unbiased, based on statistics..

Why don't you walk into any university bar on thursday night and see for yourself? ANY university (!!!) bar.
Then walk into chemistry lab, or computer lab.

Compare with medical and engineering majors.

97   AlexS   2012 Jul 12, 4:32am  

Vicente says

Among my high school peers, the biggest jerks and idiots became cops.

Sorry, I talked to chicks in the bar, not dudes :)

98   Vicente   2012 Jul 12, 4:36am  

AlexS says

Sorry, I talked to chicks in the bar, not dudes :)

You may not have noticed that women work these days. "Jerks and idiots" is not male.

99   AlexS   2012 Jul 12, 4:37am  

Vicente says

I remember one guy whose favorite outfit

Vicente says

You may not have women are employed these days. "Jerks and idiots" is not male.

...

100   tatupu70   2012 Jul 12, 4:37am  

AlexS says

Why don't you walk into any university bar on thursday night and see for yourself? ANY university (!!!) bar.
Then walk into chemistry lab, or computer lab.
Compare with medical and engineering majors.

Well, when I went to school my engineering mates drank pretty well and partied quite a bit....

Not sure what that has to do with whether teachers are overpaid, however.

101   freak80   2012 Jul 12, 4:41am  

AlexS says

Their finish products (kids that can't read or do simple math) is horrible, if not criminal.

what about proper grammar?

102   freak80   2012 Jul 12, 4:43am  

Vicente says

Among my high school peers, the biggest jerks and idiots became cops.

Ever see the movie "Harold and Kumar Go to White Castle"?

103   AlexS   2012 Jul 12, 4:44am  

wthrfrk80 says

what about proper grammar?

Well, how about hitting that "Ignore" link instead of searching for flies in my trousers?

104   Vicente   2012 Jul 12, 4:47am  

AlexS says

Vicente says

I remember one guy whose favorite outfit

Vicente says

You may not have women are employed these days. "Jerks and idiots" is not male.

...

Oh you want more stories than just one randomly picked male? I had another mechanical engineering classmate, very smart girl. During school she made money stripping. Post graduation she couldn't stick with engineering jobs due to an addiction to money, went back to it. Money, drugs, and there's a predictable spiral from there. Was there a point to all these anecdotes? I forget.

105   AlexS   2012 Jul 12, 4:50am  

Vicente says

Among my high school peers, the biggest jerks and idiots became cops.

We can certainly start another thread about the "underpaid police officers", who "put their lives in constant danger", and "say good bye to their kids not knowing it's the last time they see them", and so forth...

If anyone is overpaid for doing least work more than teachers, I would certainly nominate the unionized bullies in government jumpsuits with badges.

Here are some stats from Fullerton, CA:
http://www.fullertonsfuture.org/2012/a-close-look-at-total-compensation/#comments

Take a look at Kelly Thomas case if you have time - the unionized thugs tortured, tazed, and sadistically murdered an innocent civilian who didn't resist and didn't do anything innapropriate (as publically availabe city camera video showed), then pretended that victim resisted arrest, and fought, and had their supervisors cover for them:

http://www.lewrockwell.com/blog/lewrw/archives/111611.html

Cops are just another matter. Although socialism always works the same - least work for most pay, and complete disregard for your customers (be it the innocent civilians or school kid).

106   anonymous   2012 Jul 12, 4:51am  

AlexS says

Every time liberals talk about more money for schools and children, they mean more money for teachers unions and public administrators.

And more money for construction projects.

107   freak80   2012 Jul 12, 5:51am  

Teachers make fabulous money yes. I see them in their BMW's and Mercedes Benz's all the time.

108   AlexS   2012 Jul 12, 6:06am  

wthrfrk80 says

Teachers make fabulous money yes. I see them in their BMW's and Mercedes Benz's all the time.

I suppose you didn't read the "Millionare next Door" by Stanley & Danko. Cliff notes: you are not what you drive...

109   marcus   2012 Jul 12, 6:13am  

AlexS says

Their finish products (kids that can't read or do simple math) is horrible, if not criminal.

marcus says

"This September, public schools provided almost 70 percent of the students entering Harvard"

That was 2009
http://thechoice.blogs.nytimes.com/2009/09/16/harvarddean-part5/

I read elsewhere that 68% of the class of 2015 are from public schools.

110   marcus   2012 Jul 12, 6:23am  

AlexS says

By combining all substitute and part time teachers, and by not accounting benefits.

This really is bs. I despise the type of dishonesty this guy spews, so this is the last thing I'll say to AlexS.

Here's a typical salary schedule. It's for las vegas. Some rural areas are going to be way lower, some urban areas (where you can't buy a starter home for under 400K) are going to be somewhat higher.

http://www.ccsd.net/employees/resources/pdf/salary_licensed_benefits.pdf

111   AlexS   2012 Jul 12, 6:23am  

HRHMedia says

Teachers are well under paid. If you think otherwise then you were under educated, it shows.

Oh, the beauty of liberal reason and logic...

112   AlexS   2012 Jul 12, 6:25am  

HRHMedia says

You know who was well over paid...... Mitt Romney....

Apparently, I am supposed to be more outraged by what Mitt Romney does with HIS money than by what Obama does with MINE.

113   AlexS   2012 Jul 12, 6:37am  

marcus says

http://www.ccsd.net/employees/resources/pdf/salary_licensed_benefits.pdf

Outside of Las Vegas Strip, Nevada is not known for a high cost of living. Where average per capita in Nevada is $27K. Manhattan it is not...

So, let's see how the public disinformation facilitators working 2/3 of the year, with awesome job security fare... You know how secure your job is? You practically have to have sex with your students for several years before you are shown the door...

Anyways, here I am seeing lowest numbers in $50Ks and high numbers in $90Ks.
That's what teachers are making - 50Ks at start of their careers, and $90Ks, before they get to retire to their cushy pensions - none of that 401K pittance like the rest of us mundanes...

Also, not seeing numbers for administrators, and principals, and assistant principals, and councils, and trainers, and consultants... You know, folks making 6 digits on taxpayer's dime...

So, how did you come up with median $55K ????

Well, I already told you why. It's like all socialist statistic methods - you include substitute teachers, and underemployed teachers, exclude principals and other highly paid "educators", and do other hedonics. You know, same methods they use to "measure" inflation, or "prove" the US is lacking in childbirth deaths. With later - only the US counts premature births in the statistics, while Cuba doesn't start counting until the child is born and 3 months old... Oh, the beauty of Socialist "statistics"...

114   freak80   2012 Jul 12, 6:38am  

HRHMedia says

oh the beauty of your delusion is boundless and only second to your moronic sense of grandeur.

They usually resort to the "L word" when they lose, don't they?

115   AlexS   2012 Jul 12, 6:45am  

HRHMedia says

Your money.lol Did you complain when BUSH spent it all from Jan 2000-2008, no complaints? I wonder....... Time to pay up

As a matter of fact... YES I HAVE...

116   AlexS   2012 Jul 12, 6:49am  

HRHMedia says

Tea Party = Kock Brothers. FULL STOP

While Koch brothers are hijacking the Tea Party movement, it was started in 2008 when Ron Paul supporters raised $6mln on Boston Tea Party anniversary.

The most important thing to understand is this:
Tea Party = Tax Paying American.

Anti Tea Party - Tax Eating American.

I beat HRHMedia is a tax eater!!!

117   freak80   2012 Jul 12, 6:50am  

The Republican base has gone completely batshit crazy. It's amazing what having a black president will do to some people.

It'll be hilarious when all the "conservatives" vote for Romney purely out of hatred for Obama. Romney had "socialized medicine" in Massachusetts, for god's sake. But they'll do whatever Fox News, Rush Limbaugh, and the Cock Brothers tell them to do.

118   AlexS   2012 Jul 12, 6:58am  

HRHMedia says

AlexS ....... don't get personal...lol

HRHMedia says

again you are deluded.

One of us is getting personal, but it is certainly not me.
All I am saying is I bet you are Tax Eater!

119   freak80   2012 Jul 12, 7:00am  

HRHMedia says

Your inferring that the tea party (koch brothers) has more "RIGHT" to speech than the rest of us, again you are deluded.

They do have more right to speech than thre rest of us according to a recent Supreme Court decision. The court has declared bribery to be protected 1st ammendment speech.

God Bless America.

120   AlexS   2012 Jul 12, 7:02am  

HRHMedia says

Tea party is the Koch Brothers.

Again, as a product of government misinformation system, you got your history wrong.

http://en.wikipedia.org/wiki/Tea_Party_movement

"...he anniversary of the original Boston Tea Party was commemorated on December 16, 2007,[20] by Republican Congressman Ron Paul supporters who held a "Boston tea-party event" in 2007 which was a fundraiser for the Ron Paul 2008 Presidential Campaign which advocated an end to fiat money and the Federal Reserve System, disengaging from foreign entanglements in Iraq and Afghanistan, and upholding States' rights.[21][22][23]
Fox News commentator Juan Williams says that the TPM emerged from the ashes of Paul's 2008 presidential primary campaign.[24]

...Others have argued that the Koch brothers were essential in fostering the movement.[25][26]"

Just as I told you - Kochtopuses are just trying to hijack it. Their problem with Ron Paul supporters is that the latter are against imperial wars.

121   freak80   2012 Jul 12, 7:04am  

HRHMedia says

Repeating a lie does not make it any truer.

It does according to the far-right thought process.

122   AlexS   2012 Jul 12, 7:06am  

HRHMedia says

Please, in detail, explain your frustrations with George Bush's more than $10 Trillion Giveaway!? 2 wars . tax breaks, medicaid all UNFUNDED BY THE WAY!

The only politician I ever voted for is Ron Paul.

The only politician who was against $10T Giveway, all wars, and Bushcare (Medicare part D) was Ron Paul.

Everyone else, Clinton, Kerry, Obomba were for Trillion giveaways/TARPs, QEs, Wars (Iraq, Afganistan, Libya, Somalia, Syria, Pakistan), HillaryCare/Bushcare/RomneyCare/ObomboCare.

These are the facts HRHMedia. What do you have to say to these facts?

123   AlexS   2012 Jul 12, 7:09am  

HRHMedia says

http://www.usnews.com/opinion/blogs/Peter-Fenn/2011/02/02/tea-party-funding-koch-brothers-emerge-from-anonymity

So? Kochtopuses sponsor neocons and try to hijack Tea Party movement.
You know who neocons are, right? Hillary Clinton, Barack Obama, Mitt Romney, George Bush - neocons. Warmongering Socialist, Big Government Loving Neocons.

124   AlexS   2012 Jul 12, 7:11am  

HRHMedia says

You are also aware the Bishop Willard Mitt Romney's economic policy teams are all George Bush's team..... AlexS , Why should we repeat 2000-2008?

Well, Obomba is repeating 2000-2008. Same bailouts. Same Bushcare. Same wars.

Aside from minor rhetoric on the edges, what is different between Obomba and Bush?

125   AlexS   2012 Jul 12, 7:14am  

HRHMedia says

No the Kock Brothers already did, they have elected officials since 2010. Your a little behind the times, like 2 years behind the times.

Comrade HRHMedia, officials are appointed, not elected...

What you refer to is a few congressmen and governors who got elected under Tea Party Banner by pissed off tax paying americans who are fed up with tax eaters like yourself.

126   AlexS   2012 Jul 12, 7:16am  

HRHMedia says

and now your choice is Bishop Willard Mittens Romney who surrounds himself with Bushi'its and a member of a known cult or Obama someone you have grown to hate over 3 1/2yrs regardless of the facts.

No, your choice is Bishop Willard Mittens B Hussein Obomba Romney who surrounds himself with Bushiits and Hitlery Clintoon neocons, but my choice is Ron Paul.

127   freak80   2012 Jul 12, 7:20am  

HRHMedia says

and now your choice is Bishop Willard Mittens Romney who surrounds himself with Bushi'its and a member of a known cult

And don't forget that Romney is a socialist! He implemented socialized medicine in Massachusetts which is similar to ObamaCare.

But at least Romney isn't black.

128   freak80   2012 Jul 12, 7:38am  

That's the thing. If you look at Obama's actual record, it's not like he's some hard left "socialist." He didn't slap regulations on Big Finance to help prevent another "hostage situation" when the Big Banks inevitably skrew up again. He didn't try to put massive new taxes in place, he merely tried for modest increases on the wealthiest. He didn't massively cut the military, he simply ended two botched, unwinnable wars. Yeah, Obama will pander to the hard-left base (the "gay rights" crowd, the pro-abort crowd, and the greens). But much of that is just symbolism.

129   AlexS   2012 Jul 12, 7:45am  

Congratulations to wthrfrk80 for finally figuring out what Ron Paul has been saying for 40some years now - that Democans and Republicrats are the wings of the same bird of Prey.

130   BobMSN   2012 Jul 12, 7:49am  

For an inefficient or malfunction system, more input does not necessarily produce more output. But many intentionally to claim and many so brainwashed to believe so.

131   AlexS   2012 Jul 12, 8:05am  

HRHMedia says

for those of you who are intellectuality challenged, ALL AMERICANS PAY TAX....

Yet many americans are NET tax payers, while some are NET tax eaters (consume more from tax rolls then pay into them).

Example - teacher working in a catholic school (you know, making 1/3rd of public school teacher's pay while delivering a better product - a student who can read) - is a tax payer, while the teacher working for public school is a net tax eater.

132   AlexS   2012 Jul 12, 8:11am  

HRHMedia says

agreed, and yet his son Rand Paul is a perfect fit for the douche bags

how so? What is your beef with Rand? What in god has he done to piss you off so much?

HRHMedia says

if Fox did a better job at providing news maybe

Switch the channel. Turn off the TV. get your news on the internet - most people already do. Ratings for MSNBC, CNN, FOX are near low. Ratings for liberal hosts (NPR, etc.) were always in single digits. Ratiings for Rush, inSanity, Levin are sinking to the same.

Noone watches/listens to lamestream media anymore. True, Fox has 3 more viewers than CNN (7 viewers) and 4 more than MSNBC (6 viewers) but so what?

At least in the Soviet Union people knew that the only thing they show on TV is government propaganda. It is sad Americans came to the same conclusion so much later...

133   astrid   2012 Jul 12, 8:15am  

How do you do the NET accounting on that?

What's the value of the US's military position for a US based businessman or corporation?

What's the value of US educated scientists to an employer?

What's the value of roads and transportation?

What's the value of a court system and a police force that enforces property rights.

What's the value of a Fed that funnels trillions in below market interest rates and accepts crap at full book value?

What's the value of a strong country that backstops the alleged NET taxpayer's various business interests?

134   AlexS   2012 Jul 12, 8:36am  

astrid says

What's the value of the US's military position for a US based businessman or corporation?

Negative.

astrid says

What's the value of US educated scientists to an employer?

His Salary + Benefits?

astrid says

What's the value of roads and transportation?

Road socialism doesn't work. Roads are congested, people are losing many hours in traffic, while being harassed and snooped by government for minor infractions. You have check points, speed traps, deteriorating roads, and of course you are more likely to die on the government road than from most of the diseases. For using public roads Government taxes you directly and indirectly, it forces you to buy their licenses (drivers, vehicle, smog, etc), it makes you obey their "safety" verdicts, it charges you additional tolls and user fees, and it taxes your gasoline. I am sure I missed a few ... hundred more ways they fleece you.

astrid says

What's the value of a court system and a police force that enforces property rights.

Last time they enforced property right was in early 20th century. Nowadays they are mostly involved in generating revenue for their respective cities and states, bullying and harrassing people. And that's when not pimping or selling drugs on the side...

astrid says

What's the value of a Fed that funnels trillions in below market interest rates and accepts crap at full book value?

Trillions to taxpayers. Storm is coming.

astrid says

What's the value of a strong country that backstops the alleged NET taxpayer's various business interests?

I assume by "strong" you mean empire harassing people abroad and home... Negative.
People are much better living in smaller countries, with smaller/weaker governments. The smaller the government, the weaker, the better. Unfortunately nowadays it's getting harder and harder to find the same. Singapore? Estonia? Lihtenstein? Luxembourg?

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