dagblog - Comments for "Help stamp out economists"

I am sure you are proud of

trkingmomoe — Sat, 01 Jun 2013 08:32:48 +0000

In reply to Here's what's been happening

I am sure you are proud of your grandson. Brooklyn Tech is very challenging. I have seen it listed in national high school rankings several times. My neighborhood ghetto high school is also a very challenging school. Only it is not completely focused STEM but a IB school. Right now Southeast has 69% minorities and 30% are Latino some Dreamers. My grandson graduated in 2011 and that class got 5 million in scholarships. He is attending college locally. I talked him out of borrowing so he could go away. I was worried that IB would be on the chopping block with all the cuts but they are keeping it even though the county pretends that it is not a high performance school. Currently they praise the local charter high school which don't even offer honor classes or a language as the best this school system has to offer. Southeast offers Mandarin Chines as one of the languages. Southern politics can get scarry sometimes. Some of the funding is coming from a international fund so they can't take it away. I have 2 younger grandkids that will be ready in a couple years for IB so I made sure to show up at the school board meeting this week. They are bright, one is in gifted the other brings straight 100's on her report card. The school has gotten darker in the last few years because of a program called school choice. Some in the neighborhood has opted to send their kids to whiter high schools. But I don't care how dark it gets, my 2 blue eyed kids are going so they can go to college. I think the current politics has been so destructive to education.

Yeah, like many sites,

Donal — Fri, 31 May 2013 11:56:22 +0000

In reply to Thanks for the link. I read

Yeah, like many sites, Econbrowser has several posters whose responses could almost be written by an ideology-bot.

Here's what's been happening

Flavius — Fri, 31 May 2013 11:16:32 +0000

In reply to Dean Baker had a good review

Here's what's been happening to New York City's schools

o In New York city “Between 2006 and 2010, the amount spent (by the school system) on arts and music equipment and supplies was cut by 79 percent

o nearly one fourth of all public schools have not a single art, music, theater or dance teacher on staff

o at Brooklyn Tech (where Flavius' grandson goes) 24 percent of the students were black in 1999-2000, compared with 10 percent during the 2011-2012 school year

o At Bronx Science, the share of black students dropped from 9 to 3.5 percent over the same period.

o….only nine have been accepted into (Stuyvesant) for next year.

o In 2006, 53 percent of students in (the gifted and talented programs) were black or Hispanic; now less than one-third are

o in 2010, when the city claimed a 61 percent four year graduation rate, only 21 percent of all students who had entered high school four years earlier were college-bound. In 2011, only 13 to 15 percent of black and Latino students were

………and

o The Quinnipiac public opinion poll in January found that only 18 percent of the city’s voters want the next mayor to have the unilateral control over schools that Bloomberg has wielded

…..From UNEQUAL SCHOOLS by Leonie Haimson and Diane Ravitch,in the Nation, May 6^thedition.

Thanks for the link. I read

trkingmomoe — Fri, 31 May 2013 04:24:49 +0000

In reply to There was a spirited debate

Thanks for the link. I read some of it but when I got to someone's argument that austerity would have to continue until 2030 with fiscal cliffs needed to keep the general public from increasing social programs , I lost interest. The economics is much more interesting with out ideology. My feeling is why should we make it painful when there is other less damaging ways to people.

Dean Baker had a good review

trkingmomoe — Fri, 31 May 2013 03:49:34 +0000

In reply to Help stamp out economists

Dean Baker had a good review of WaPo's story, today, about the closings of schools in Chicago.http://www.cepr.net/index.php/beat-the-press/ It pointed out that the 3 schools that Arnie Duncan had closed and reopened to improved them and declared them a success is being closed in this round of closings. My county just laid off 113 teachers. There is to be some schools closings but they have not announced which ones yet. They will do that this summer. I am sure they will focus on the poor for cuts. There is a good post by Josh Bivens on the austerity drag to the economy. http://www.epi.org/blog/relief-austerity-drag-hard-economy-2013/ He points out that it will drag hard in 2013 and 2014. His charts and grafts are interesting and he explains how the current boom in stocks points to a difficult year for workers. The worst is to come.

There was a spirited debate

Donal — Thu, 30 May 2013 15:40:50 +0000

In reply to Help stamp out economists

There was a spirited debate regarding Reinhart & Rogoff's rebuttal on Econbrowser. Essentially, Hamilton and supporters tried to say This Time Is Different was genius, the mistake was small and therefore shouldn't obscure their main point. Detractors point out that the mistake led to the flawed 90% threshold, which was cited over and over to support austerity measures, said use of which R&R did little to discourage.

I can understand that reasonable people may wonder whether we can borrow and spend our way out of trouble in an economy that may not be growing. But as a matter of public policy, austerity and/or cutting services to the poor while cutting taxes on the rich, tend to be very regressive responses.

What? I thought you never

Flavius — Thu, 30 May 2013 10:01:09 +0000

In reply to The facts don't follow the

What? I thought you never slept.

The facts don't follow the

Richard Day — Thu, 30 May 2013 05:38:37 +0000

In reply to Help stamp out economists

The facts don't follow the data?

The conclusions do not follow the data?

Well said Flavius!

I dunno.

The two 'greatest' mayors cited by the MSM include Giuliani and Bloomberg!

Get the homeless and the hookers off the damn streets!

Interesting blog Flavius.

But I must go to bed now!

Back later!