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Filed: Timeline
Posted

The impact of federal stimulus money on New Jersey became clearer yesterday with the release of state school aid figures showing a $304 million increase in spending, rather than the deep cuts expected just months ago.

By pressing ambitious new agendas that include expanding preschool and pouring more money into working-class districts, Gov. Jon Corzine is gambling the recession ends in two years -- before the stimulus money runs out.

Education Commissioner Lucille Davy said New Jersey schools fared far better than those in other states, where the recession is forcing heavy cuts in state funding and large-scale teacher layoffs. Direct aid to school districts here is up $1.3 billion since 2006, to $8.8 billion for the 2009-10 school year.

"Given the complexity of this economic situation, any increase at all is a victory," Davy said. "We are very, very fortunate that the governor has made education a top priority, children a top priority."

http://www.nj.com/news/ledger/jersey/index....xml&coll=1

Man is made by his belief. As he believes, so he is.

Filed: Citizen (apr) Country: Brazil
Timeline
Posted
and then when that money runs out, it will all fold like a house of cards.

naah they'll just jack up our prop taxes even more :lol:

that's the other dark scenario. :thumbs:

* ~ * Charles * ~ *
 

I carry a gun because a cop is too heavy.

 

USE THE REPORT BUTTON INSTEAD OF MESSAGING A MODERATOR!

Filed: Citizen (apr) Country: Brazil
Timeline
Posted
and then when that money runs out, it will all fold like a house of cards.

Just like the finacial system did under the previous administration.

so you're saying obama is gonna be like the previous administration?

* ~ * Charles * ~ *
 

I carry a gun because a cop is too heavy.

 

USE THE REPORT BUTTON INSTEAD OF MESSAGING A MODERATOR!

Posted
and then when that money runs out, it will all fold like a house of cards.

Just like the finacial system did under the previous administration.

so you're saying obama is gonna be like the previous administration?

If what he does fails, then it will have the same result. If it succeeds, that's a different outcome. Time will tell.

R.I.P Spooky 2004-2015

Filed: Timeline
Posted
and then when that money runs out, it will all fold like a house of cards.

Just like the finacial system did under the previous administration.

so you're saying obama is gonna be like the previous administration?

If what he does fails, then it will have the same result. If it succeeds, that's a different outcome. Time will tell.

History says in the long run what he's doing will fail. Might be enough to get him reelected, but he will be looking at the damage in the rear view mirror as he leaves town. Giving money to states so that they don't have to make cuts or raise taxes doesn't make for a long term strong economy. You don't fix a credit/spending bubble with more spending.

Filed: Other Country: Israel
Timeline
Posted

Dims won't allow the states to use stimulous money to pay down their existing debt. Instead, it's mandated to create more programs that will create MORE debt when the stimulous money runs out. But, hey, it brings the pork home to raise reelection value.

Also, too bad, the teacher's union that the Dims are beholden to won't let them fund a proven program for achievement oriented school kids in DC because it's a voucher program and Dims are against choice for poor familes (except when it comes to killing their kids). Those kids will have to return to the crumbling public schools instead of finishing up at the elite private schools that Barry's kids and the kids of our legislators attend.

Posted
and then when that money runs out, it will all fold like a house of cards.

Just like the finacial system did under the previous administration.

so you're saying obama is gonna be like the previous administration?

If what he does fails, then it will have the same result. If it succeeds, that's a different outcome. Time will tell.

History says in the long run what he's doing will fail. Might be enough to get him reelected, but he will be looking at the damage in the rear view mirror as he leaves town. Giving money to states so that they don't have to make cuts or raise taxes doesn't make for a long term strong economy. You don't fix a credit/spending bubble with more spending.

How would you fix it?

R.I.P Spooky 2004-2015

Filed: Timeline
Posted
and then when that money runs out, it will all fold like a house of cards.

Just like the finacial system did under the previous administration.

so you're saying obama is gonna be like the previous administration?

If what he does fails, then it will have the same result. If it succeeds, that's a different outcome. Time will tell.

History says in the long run what he's doing will fail. Might be enough to get him reelected, but he will be looking at the damage in the rear view mirror as he leaves town. Giving money to states so that they don't have to make cuts or raise taxes doesn't make for a long term strong economy. You don't fix a credit/spending bubble with more spending.

How would you fix it?

You let what can't make it go under and what survives picks up the piece and moves on.

Posted
and then when that money runs out, it will all fold like a house of cards.

Just like the finacial system did under the previous administration.

so you're saying obama is gonna be like the previous administration?

If what he does fails, then it will have the same result. If it succeeds, that's a different outcome. Time will tell.

History says in the long run what he's doing will fail. Might be enough to get him reelected, but he will be looking at the damage in the rear view mirror as he leaves town. Giving money to states so that they don't have to make cuts or raise taxes doesn't make for a long term strong economy. You don't fix a credit/spending bubble with more spending.

How would you fix it?

You let what can't make it go under and what survives picks up the piece and moves on.

If you let that happen, we'd become a third world country.

R.I.P Spooky 2004-2015

 

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