InvestorsHub Logo
icon url

RKH

02/19/11 11:35 AM

#670329 RE: zab #670328

Well said.

Ballplayers are worth more than teachers. What does that tell you about all those Great American Values that so many espouse?
icon url

fishweed

02/19/11 12:06 PM

#670330 RE: zab #670328

Why is it that some contracts have to be honored while others don't?

because there contracts had to be honored

icon url

lee kramer

02/19/11 12:15 PM

#670331 RE: zab #670328

Get me a teacher who can hit behind the runner, go from first to third on a single and go deep in the hole at shortstop and I'll give 'em a nice 5 year contract with a no-trade clause.

If the folks in Wisconsin want great teachers for their kids, pay 'em what great teachers are getting elsewhere.
icon url

brightness

02/19/11 4:22 PM

#670335 RE: zab #670328

As far as we know, the ball clubs have not been bailed out by the federal government, yet. As for the reason why the pay discrepancy:

1. People, especially kids, want to go to ball games, but apparently not as enthusiastic on the margins for school.

2. Big ads revenue on TV for winning teams. The most effective TV ads are not targeted at smart people who can see through the promotion, but the ads for really dumb and self-destructive products targeted at couch potatoes, who can be swayed by ads one way or another. The more the government pay people to vegge at home and become couch potatoes, the more effective the TV ads for dumb rip-off products become . . . i.e. the higher value the TV ads time slot become and more revenue for winning teams.

3. Big stadium subsidy from local and state governments for winning teams.

4. In the relatively competitive market of ball players, paying more does tend to get better players. In the monopolistic public school and government service in general, raising pay usually does not mean better results. In fact, at issue is not pay per se, but the imposition of union, which is decidedly against performance-based pay. There is actually $500-$1500 a year effective raise in take-home pay for each government worker just by not having to pay union dues if the union is disbanded; union dues (or the substantive equivalent thereof) are not voluntary but mandatory for government employees.
icon url

hap0206

02/20/11 5:56 PM

#670363 RE: zab #670328

mainly, zab -- seems like the alternative is

From each according to his ability, to each according to his need (or needs) is a slogan popularized by Karl Marx in his 1875 Critique of the Gotha Program.[1] The phrase summarizes the principles that, in a communist society, every person should contribute to society to the best of his or her ability and consume from society in proportion to his or her needs. In the Marxist view, such an arrangement will be made possible by the abundance of goods and services that a developed communist society will produce; the idea is that there will be enough to satisfy everyone's needs.[2][3]

======
and that has never worked out -- seems like everyone (except the deciders) hit poverty and die poor