Thursday, June 17, 2010

Endless teacher layoffs

by Ann Bibby:An endless summer awaits many of Detroit's teachers and school buildings this Thursday. Detroit, one of the poorest and most dangerous cities in America, is about to add thousands of teachers to its unemployment rolls and dozens of buildings to its vacancy problem. A third of this cash-strapped city is reported to be vacant already. The closing of more schools could be the death knell for many of the remaining neighborhoods in these dire economic times.
Although the city has a five-year plan to renovate or replace school buildings, funded in part by federal stimulus, 32 buildings will be closed permanently by the end of the year, with a dozen more to follow over the next two years.
Detroit is not the only urban school district facing massive staff layoffs, and tasked with shuttering schools. Kansas City will close 26 of its 66 schools. Cleveland will lose 14 schools. And the state of California is braced for massive teacher reductions.

With the edu-jobs bill still stalled in Congress -- and likely to remain their over the summer break despite the recent personal appeal by the White House to pass it -- Detroit is unlikely to be financially able to hire back many, or any teachers, making the 2010/11 school year a challenging one for school officials, parents, remaining teachers and their students.
Regardless, the schools are gone and no amount of last minute funding will bring them back.

What caused this crisis?
 The nation  including California is suffering a severe recession.  Twenty Six million  are unemployed and under employed. This crisis was created by finance capital and banking, mostly on Wall Street ,ie. Chase Banks, Bank of America, AIG, and others.   Finance capital produced a $ 2 trillion bailout of the financial industry, the doubling of America’s unemployment rate and the loss of 2 million manufacturing jobs in 2008.  Fifteen million people are out of work.  You and I, and college students did not create this crisis.  Finance capital stole the future of many young people.

Paul Krugman, The return of depression economics and the crisis of 2008.  (2009)
Dean Baker,  Plunder and Blunder: The Rise and Fall of the Bubble Economy, (2009)

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