Pamlico County Education Budget

At last night's meeting of the Pamlico County Board of Commissioners, Dr. Coon, Superintendent of Education, presented a report on next year's budget.

The report was not only grim, but also uncertain. The bottom line is that the county's education budget for the coming year will be down to what it was in 2005. There will be layoffs. Some programs will be terminated. Class sizes will increase and many teacher's aides will be laid off. For the fourth year in a row, teacher salaries will decrease. On top of that, teacher take-home pay will be reduced $2800 to $3200 for health insurance deductions. Other staffing positions will be eliminated.

There is no way these reductions can help but reduce the quality of education in the county.

The new North Carolina state legislature has decided to reduce funding for education at all levels well beyond the governor's recommendation.

Even so, the situation need not be so dire if the US Congress would reestablish the stimulus program, and this time set it at a sufficiently high level to do some good. Not that the ARRA stimulus didn't create jobs and prevent others from being lost - it just wasn't big enough to create adequate demand to counter the effects of the Great Recession. And monetary policy can't help, since the short term interest rate is at the zero bound. Can't go lower.

What is really going on here? Dean Baker, co-director of the Center for Economic and Policy Research, calls attention to a study by two Dartmouth economists and explains:

"This is hugely important for macro-policy debates because it suggests that more stimulus would provide a further boost to the economy and reduction in unemployment. This means that the only reason that we are sitting here with 25 million people unemployed and underemployed is that the politicians in Washington are too intimidated by the Wall Street deficit hawks.

The deficit hawks have used their enormous political power and control over the media to shut down any further discussion of stimulus. They have managed to completely dominate public debate with their brand of flat-earth economics. They are using the crisis that was created through their greed and incompetence to reduce hugely valued public benefits, like Social Security and Medicare. And, now they are using the crisis that they have created for state and local governments to destroy public sector unions.

This looks really awful because it is. Our nations' leaders are deliberately inflicting enormous pain on tens of millions of people to advance their political agenda. This new study helps to prove this fact."

The leaders he is referring to are overwhelmingly Republicans in Congress and in state legislatures and governors' mansions.