80% of those students qualify for free lunch, the parents should be held to the kids grades ,scaled into their free lunch check,you can't expect a lot of progress when the teacher gets the kids for 6 hrs and the parents the other 18,i have a friend that worked with the cabrini green kids, thru pictures because they were so young,she said the shell shock was equivalent to that of a soldier returning from war,she did all she could but would have to send them back to the same environment,this was 20 years ago, the violence and shootings in these neighborhoods has escalated with the prevalence of drugs as a means to earn a living,the DEA has to know where these drugs are coming in, i saw an episode on american greed where they showed the trucking terminal and how this one criminal ran his biz,doesn't seem to be a priority in DC..but lip service is, rahm spent 25 mil in ads depicting the teachers as the reason for the strike, one teacher said rahm proposed help IF the funds were available, her logic was that that 25 mil could have improved a lot of problems, and as in the past, those funds won't be available ,my guess is rahm plans to break the union and scuttle the pension programs
Money printing doesn't cause inflation. This is a myth. If it did, wudda already happened. MV=PY so it's not just the amount of money it's also velocity and in a world that's getting really old fast, velocity is not going to be accelerating any time soon. See Japan. Plus there are huge forces of deflation working against inflation. India and China entering the global labor force, unstoppable immigration, the internet, etc. Plus in the new services economy, there aren't the same capacity limits on production. So all the factors that lead to inflation, such as shortages of goods and demographic bulges, are no longer relevant. So to put a bow on it, money is just one, not particularly important, factor contributing to inflation. And in any case we need more inflation, not less, to boost the housing market and wages back to the old watermark and get people back into the labor and housing markets.
Of course and whatever! But none of these considerations will let the Chicagoans (Chicagonese?) out of their obligations. Pay what you owe and then re-evaluate. Teacher salaries may deserve to be cut in half, but frankly I doubt that. Nevertheless if that's done you might as well give up on public education altogether, and hence on any semblance of democracy. I wouldn't work in the Chicago schools for half the salary and neither will anyone else you might want to hire. By definition, no solution is realistic if it does not incorporate making good on current obligations. Otherwise you'll end up paying not only what you owe the teachers, but lawyers as well. And that would just be plain stupid.
It's not as if we've never tried this. Some may be helped by going out to the more well off white schools, but the schools and white students will be pulled down as well. Most of the kids in major city public schools have horrible parenting, which is a much bigger influence on their success or lack thereof IMO.
when did inner city kids ever have the nice new schools the rich suburbs have? george bush talked about no child left behind, which i thought was a good idea, but there was never any money behind it. it has since failed.
every little two bit dictator has tried this failed solution. the country need sound money not this fiat crap. your entitled to your opinion on the future velocity of the money # but it doesn't change the reality that once the velocity starts to increase a hyperbolic increase in inflation is a distinct possibility. as to the factors you mentioned e.g. no capacity limits on production you stated them but u have not offered proof. u are dead wrong about inflation getting people back in the labor market. people react by trying to game the system not by doing any productive activity.
Kansas city spent billions on schools, as mandated by a judge. Made no difference. It's been tried. This is called the "red brick" theory of education, that learning takes place in buildings, therefore building larger buildings is the key to education. Education cargo cult. If you want better schools, first start with smarter kids.
Let's see, is there a shortage of auto manufacturing capacity? That would be strange, considering that cash for clunkers destroyed a large part of the US auto stock. Houses? No, big housing glut. Ok, toasters? Just bought a toaster that cost less than a loaf of bread. No, the real shortages these days are either gov't created (healthcare) or human talent (eg software development). Not in stuff.