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With layoffs looming for scores of teachers in the country??s public schools, more parents and government officials are opposing seniority agreements in contracts with teachers unions. The status quo, representing a “last in, first out” pecking order, handles layoffs by first eliminating the newest teachers from classrooms. Joel I. Klein, chancellor of New York City’s school system—which could potentially layoff as many as 8,500 people this year because of a loss in state aid—has criticized the use of seniority as the sole...
...budget for the 2011 fiscal year that President Obama unveiled Feb. 1 lays out a depressing picture of this country??s future. Deficits will rise to a long-term level at which they will cease to be sustainable, and unemployment will stay high for many years. Our country is on pace to follow Japan down a path of aging and debt-ridden decay, and there seem to be few good solutions on the horizon. The conventional wisdom says that after years of spending without any awareness of our limits, we must now enter an extended period...
...only does high unemployment severely hurt our country??s future, but it also hinders our ability to recover from the current crisis due to its effect on the national psyche. As renowned behavioral economist Robert Shiller clearly articulated in a recent New York Times article, for a country to truly recover from an economic crisis, workers must be personally invested in the country??s economy, confident enough to take out loans, and willing to take risks to fuel growth. Right now, the entire country is frozen in economic fear, paralyzed by the shattering depth...
...native of the Ukraine, the talented Crimson right-winger was nominated Wednesday for the Patty Kazmaier Award, along with teammates junior forward Kate Buesser, junior defender Leanna Coskren, and senior goaltender Christina Kessler. The award is presented each year to the country??s top Division I women’s hockey player...
...curious trick of history, the American Tea Party—those who protest Obama’s tax policies by evoking 1773’s colonial steeping of three shiploads of British loose leaf in Boston Harbor—have much in common with their ex-antagonist country??s Angry Young Men. They’re deeply dissatisfied with the status quo. They think (justifiably) that nobody takes them seriously. They lack any theoretically rigorous suggestions. And yet their frustrations point to a real complaint with the way things are being done, one that deserves far deeper engagement...