Capt. Al Haynes sorta OT.

Russell Kent wrote:

Henry Kisor wrote:


One of the reasons -- maybe the primary reasons -- states like teachers in
their 50s to retire is that they can be replaced by fresh new teachers just
out of college at starting salaries much less than those the veterans were
getting. It actually saves the states money.


Jay Honeck responded:


Hmmm. Not sure I see the math here.

While the state may save, say, half of the older teacher's salary (let's say
my sister was making $45,000 -- so they'll cut it by half in retirement, to
$22.5K) they then have to pay a new teacher what, $25K to start, plus
benefits?

Thus, we've lost a few grand in the mix.

Of course, "retirement pay" comes out of a different bucket of cash in the
state's budget then "teacher's salary", so ON PAPER they LOOK like they
"saved the taxpayers some money"...

More typical gubmint accounting, is my hunch.

It ain't just gubmint accounting. Why do you think so many corporations
give early retirement incentives whenever they want to downsize? Same
principle, pensions come out of a different bucket (usually a bucket
already accounted for by pension contributions made years ago by the
employer so "free" on the balance sheet, at least until the pension plan
becomes underfunded by corporate raiding and/or accounting manipulations).

I'll try to refrain from commenting on the kind of attitude that makes
one think this move, which is very widespread in private industry, is
some kind of "gubmint accounting."

I'll try to refrain from commenting on the kind of attitude that makes
one think this move, which is very widespread in private industry, is
some kind of "gubmint accounting."

Well, maybe this kind of "voodoo economics" is widespread in big business,
too -- but big mega-firms continue to represent a smaller and smaller
percentage of American jobs. I can assure you that this kind numbers game
is NOT prevalent in the small to mid-sized businesses I'm used to dealing
with.

As far as my "attitude" indicating anything, I guess it's because I've spent
my lifetime paying, and paying, and paying taxes, yet all I see is the
economic waste and fraud that means we "need to raise taxes" again. Thus, I
equate bad business practices with Big Gubmint LONG before I equate it with
Big Business.

Why? Well, other than this past year (when I actually received a check from
my Federal Gubmint,thanks to GW), I've never received one damned nickel for
my troubles. Yet my Federal, State and Local taxes have continued to spiral
upward each and every year. Given that kind of performance, it's pretty
hard to NOT be cynical about our government.

Meanwhile, Big Business can screw the accounting pooch all they want, as far
as I'm concerned. At least they actually provide me with goods and
services I want and need, and if I don't like 'em, I can take my business
elsewhere.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay Honeck wrote:

I'll try to refrain from commenting on the kind of attitude that makes
one think this move, which is very widespread in private industry, is
some kind of "gubmint accounting."


Well, maybe this kind of "voodoo economics" is widespread in big business,
too -- but big mega-firms continue to represent a smaller and smaller
percentage of American jobs. I can assure you that this kind numbers game
is NOT prevalent in the small to mid-sized businesses I'm used to dealing
with.

As far as my "attitude" indicating anything, I guess it's because I've spent
my lifetime paying, and paying, and paying taxes, yet all I see is the
economic waste and fraud that means we "need to raise taxes" again. Thus, I
equate bad business practices with Big Gubmint LONG before I equate it with
Big Business.

Why? Well, other than this past year (when I actually received a check from
my Federal Gubmint,thanks to GW), I've never received one damned nickel for
my troubles. Yet my Federal, State and Local taxes have continued to spiral
upward each and every year. Given that kind of performance, it's pretty
hard to NOT be cynical about our government.

Meanwhile, Big Business can screw the accounting pooch all they want, as far
as I'm concerned. At least they actually provide me with goods and
services I want and need,

Ummm, who paid for all those airports and ATC facilities you and your
customers use? Without those federally funded airports would you even
have a business?

Are your kids all in private school, and will they all get educations at
private universities?

Do you drive on any roads?

so many people talk about paying and paying and getting nothing back.
Unless they are living in a cabin in Montana off the grid, they are
getting something. They are just in denial because they don't like
paying for government.

Ummm, who paid for all those airports and ATC facilities you and your
customers use? Without those federally funded airports would you even
have a business?

Actually, my research shows that our airport was built by Boeing Air
Transport.

Of course, since then it's accepted federal funding...
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Jay Honeck" wrote in message
news:1IFLb.8790$8H.22679@attbi_s03...
Ummm, who paid for all those airports and ATC facilities you and your
customers use? Without those federally funded airports would you even
have a business?

Actually, my research shows that our airport was built by Boeing Air
Transport.

Of course, since then it's accepted federal funding...

It's only in the past 40 years or so that airports were first built by
governments (yes, there were exceptions) rather than by businesses.