Philadelphia Plans To Lay Off Nearly 4,000 Teachers And School Workers

[marmar]

State budget cuts will force Philadelphia's schools to lay off 3,820 employees - including 12% of the district's teacher - to close a gaping budget shortfall next year, the Philadelphia Inquirer reports.

The Philadelphia School District - which has about 155,000 students - faces a $292 million loss in state aid next year, the result of Pennsylvania Gov. Tom Corbett's proposed $1.1 billion cut in the state's education budget.

The loss in state aid is compounded by a weak economy, declining city revenues, and the loss of federal stimulus money. Philadelphia school officials project the district's revenues will drop by 12% - or $377 million. Now, dramatic cuts are needed to close a $629 million hole in the district's $2.7 billion school budget. ...........(more)

The complete piece is at: http://www.businessinsider.com/philly-plans-to-lay-off-nearly-4000-teachers-and-school-workers-2011-4#ixzz1KpifhvJD

[aquart]

1. OR they could tax the rich.

[RKP5637]

2. Can't do that, it would wreck the US's track record of great success with

trickle down voodoo economics!

[RKP5637]

3. America, the great raceway to the bottom! n/t

[marmar]

4. It's like a Concorde to the bottom these days !!!

nt

[RKP5637]

5. Yeah, and supercharged! n/t

[AC_Mem]

6. Or -

tax the rich and fund education for our future leaders.

Such a difficult decision ::: sarcasm :::