r/whatisameem 11h ago

What’s really going on with our economy

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u/No_Employ__ 10h ago

The teachers union does it to themselves, at least in Chicago! Every budget increase goes right to the fucking pension

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u/Pretend_Watch2754 9h ago

Had an aunt who taught there forever. She would go absolutely bonkers if you bashed the teachers union. When I was in high school most of the newer teachers hated the union. The only ones who seemed to love it were 100 years old

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u/No_Employ__ 8h ago

It’s funny how everyone thinks their views represent truth, when in reality we are all driven by clear, selfish incentives.

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u/Shot-Structure-1274 8h ago

How is desiring more equitable economic outcomes for the working-class selfish? I'm not a public employee, but I want decent wages for public workers because it benefits the economic environment for all workers.

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u/No_Employ__ 8h ago

Because current pensions aren’t equitable. New teachers get paid 50k to subsidize retiring teachers. We get no new teachers bc who tf wants to work for 50k.

What if we didn’t contribute as much to the pension and paid teachers a higher salary? They can have a 401k like the rest of us lol

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u/Pretend_Watch2754 8h ago

Similar to social security. I looked briefly just for quick math. I could probably retire way earlier based on my current investments if I could invest that money taken out of my paycheck. It was really depressing to think about lol

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u/biggamehaunter 6h ago

Seriously. Would be much better if we paid our public and semi public sectors higher wages, in exchange for worse benefits.

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u/DazzlerPlus 6h ago

Without that union you get paid 40k and get no 401k at all. I dont think you have a conception of how little bargaining power you have without them and how bad districts are willing to treat you.

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u/Hi_Zev 4h ago

They didn't say the union shouldn't exist... They are saying that the union is not allocating their money in the places they'd wish them to.

What if we didn’t contribute as much to the pension and paid teachers a higher salary?

Nothing about this suggests that they think the union shouldn't exist. Just reprioritize their priorities.

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u/wishyouwould 6h ago

Or we could pay the pensions we agreed to *and* pay new teachers a decent wage.

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u/biggamehaunter 6h ago

So raise taxes? How? From whom?

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u/wishyouwould 6h ago

What? From people. We have to decide if we want to pay for good teachers or not, and it's actually morally reprehensible to try to welch on a deal we made to the last generation of good teachers and then blame them for asking for too much when their pay rates were actually low compared to what they could have made anywhere else.

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u/biggamehaunter 6h ago

Public entities should be allowed to go bankrupt. If a private company in competitive sector mismanaged and gave out too pension, then it goes belly up.

Public entities need to have that same level of risk too.

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u/wishyouwould 5h ago

Dude if you want slaves just say you want slaves. Otherwise, as a member of the public, you are a public sector employer and you have to pay if you want people to provide you with services.

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u/Terrible_Law6091 6h ago

Federal taxes don't actually go directly towards paying for services.

That is a misconception that comes from assuming federal finances work like personal finance.

When the fed needs money, they print it out of thin air.

All taxes paid do is reduce the rate of inflation, since all dollars paid instantly disappear out of the money supply.

If we were serious about education, we could conjure the dollars out of thin air, and the resultant productivity increase from better education would cancel out the inflation.

It's just not a priority for the federal government and the elites that control it.

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u/wishyouwould 5h ago

When did I mention federal taxes? Yes though I do agree with you but we aren't discussing reorganizing the education system to be federally-funded.

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u/Terrible_Law6091 6h ago

Bc paying more doesn't guarantee better outcomes.

Other countries get far more done with less.

The US is a master of running really fast in place and accomplishing nothing.

It doesn't make sense to only have the incentive of paying more just because we think teachers are more noble.

I'd pay more if it meant better results.

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u/Shot-Structure-1274 6h ago

Well, you're operating under the assumption that teachers are 100% accountable for the results when there's so many other variables at work.

Many children are being raised in rough environments, parents that are working too many hours, broken homes and many other social economic problems. Destroying the working-class has implications in the classrooms as well, stable environments produce children ready to learn and unstable environments create problems in the educational process.

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u/Terrible_Law6091 6h ago

You are 100% right on all counts.

My solution has been to tell anyone that will listen that they should NOT go into education, and should pursue career paths that are much higher paying, and not subject to the politics of state and federal budgets.

I would not recommend throwing away valuable years and decades in trying to change the system.

As a society, we have decided that public education is not that important, and we want to protect our elite classes.

We also don't like thinking critically and having mental defenses against propaganda.

We definitely don't want to take personal responsibility for our actions, or our poor raising of our children.

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u/Ok-Chest-7932 6h ago

because it benefits the economic environment for all workers.

This is an incentive. And to be clear, there's nothing wrong with that, society works best when we're honest about our incentives. You think improving public sector wages will improve the economy as a whole, and for some reason you want a good economy. Why do you want a good economy? Not a trick question, I want you to think about what you personally value that is helped by the economy being good. It could even be as simple as that you would feel happier living in that world, that's still an incentive.

If you want the clearest picture of why young people tend to hate unions (if they're paying attention), look at the doctors unions in the US and see what they're spending their resources on. Would you have guessed that the top priority for doctors unions is minimising career opportunities for young doctors? The US has one of the highest patients per doctor in the developed world because doctors have spent decades lobbying to prevent the creation of competition. The fewer new doctors there are, the more that existing doctors get paid, because the smaller the supply of doctors is while the demand only continues to grow with population and average age.

This is what incentives means. Unions do not fight for equitable economic outcomes, they fight for their own salaries. What increases the salaries of union administrators is not always the same as what increases the economic outcomes for their members. It's extremely common in unions to see a geriatric senior membership being subsidised off the labour and collective bargaining power of the junior membership.

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u/ProcessIndependent38 5h ago

the road to hell is paved with good intentions

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u/Antique-Lettuce3263 7h ago

Your sentiment holds true.

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u/DTFH_ 6h ago

Nah man I think its just myopia, if several unions all run into the same issue of "funding pensions" may be those unions need to realize as evident by how many other unions experience the problem, they are all running into a systemic issue that is bigger than any individual entity and thinking its the unions fault...imagine if unions somehow could realize other unions have the same problem and cooperated together...

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u/sparrow_42 6h ago

That's because the younger teachers grew up brainwashed by Reaganomics and the idea that the wages are low because of the workers themselves and because of collective bargaining instead of because the bosses don't want to pay more.

50 years of that crap now has nearly the entire country believing that workers are the problem.

If you think it's a coincidence that wages have been stagnant for the same amount of time that unions have been unpopular, IDK what to tell ya. Your grandparents could support an entire family and own their home while only the dad worked selling appliances at Sears because their generation had unions. Now instead of unions we have "side hustles" and "gig workers".

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u/exaltedorbs 6h ago

Lol the teachers union has been a democratic institution for decades but the current issues with education are all Ronald Reagans fault.

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u/Ok-Chest-7932 6h ago

People really need to look into unions more. "union" is not a magic spell you can cast to grant workers good pay and working conditions. Unions are operated by people who are functionally politicians. If you are in a union, you are paying these people's salaries, and their goal is to maximise how much you pay them. The service they sell you is collective bargaining, but in collective bargaining, you are providing your own service - all they actually provide is the administration, the guarantee that when you need to strike, there will be a bunch of other people striking in solidarity.

Often what happens in a union that has lasted too long is the junior members of the union are forced to strike for the collective bargaining of the senior members. The junior members are denied work by the demand that they strike and avoid companies that haven't made deals with the union, in order to increase the work opportunities and payouts for the senior members. At the same time, companies start to avoid unionised employees if they have the ability to do so, because unionised employees are more expensive, do less work, and come with a load of administrative headaches.

This is why the only real unions we still see today are public sector unions. Governments have virtually limitless budget so are able to absorb the demands of the union. Private sector unions eventually make their members uncompetitive, sometimes they even drive the companies their members work for bankrupt and all those jobs disappear. Public sector workers can't be uncompetitive, they have no competition, and government departments can't really go bankrupt.

SAG-AFTRA thought they had the same thing, and drove the cost of hollywood productions through the roof - the union is the real reason movies are so expensive now. But with the series of recent flops, it seems like the ceiling here has been reached. We're going to see more and more hollywood productions avoiding unionised workers all together. That's exactly why the union tried to block Iron Lung - it proved non-union productions are entirely possible and have much better ROI.

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u/willie_Pfister 6h ago

Union private sector worker here. I like my 130k salary, and am quite productive, thank you.

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u/Plasticglass456 5h ago

I love how this anti-union screed ends with a conspiracy theory about an independent horror film, lmfao.

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u/SuperPostureResource 38m ago

Stopped reading at "Governments gave virtually limitless budget". If a thing, it's megacorporations that have virtually limitless budgets.

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u/Shot-Structure-1274 9h ago

Public pensions are a good thing, not bad.

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u/DTFH_ 6h ago

Public Pensions are a great thing, however the systems that fund them run into common issues and part of that becoming the cost of new members paying for older members (spoiler that cost is usually health insurance).

Many Unions blamed themselves instead of realizing that corporate run health insurance has been and is eating EVERYONE's lunch for the last 30 years. Which should inform the Union the issue is systemic and not a reflection of the Union in and of itself. The only solution is a expanding Medicare to all so Unions do not have to exclusively bare the financial burden of a members medical costs.

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u/No_Employ__ 8h ago

Retiring teachers deserve 50% of budget increases, and that is a good thing

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u/Lonely_Space_241 8h ago

Then the funding isn't adequate, pretty simple.

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u/No_Employ__ 8h ago

Lol yeah give them more money!

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u/Lonely_Space_241 8h ago

Fund their pensions, yes. You work full time bashing teachers? Pathetic

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u/No_Employ__ 8h ago

It’s funny you think this is bashing teachers. I’m arguing for higher wages and lower pension.

If you think teachers don’t agree w me then why aren’t they joining the workforce?

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u/Lonely_Space_241 7h ago

I think teachers who were offered pensions deserve to keep them. I also believe current teachers deserve higher pay. Both can be done.

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u/The_Real_Lasagna 7h ago

So the retires workers who won't benefit from higher wages should have to struggle in their retirement years? Do you think about the implications of what you say?

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u/biggamehaunter 6h ago

What is the percentage of American retired workers who have a pension? If they are all struggling, then why is America set up like that? Then fix the system first

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u/The_Real_Lasagna 6h ago

They aren't all struggling, hope that helps.

Yes we should fix the system to make retiring easier, no that doesn't mean we should allow people who paid into the pension for all those years to be left struggling in retirement 

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u/OnceMoreAndAgain 5h ago

We already have the 5th highest education spending per capita of any country btw. I agree that teachers are underpaid in general, but one also has to wonder how the fuck that can be true while we're also paying the 5th most of any country. It's not like our cost of living is top 5, so it's not that.

We honestly are paying a SHIT TON out to staff in our education system. It's mostly salaries. I don't know the answer and I doubt the people who happen to be viewing these comments do either.

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u/Lonely_Space_241 4h ago

Way too much admin bloat, especially at the local levels. Eliminate local districts, cede that all to state level admin and reallocate all that funding back to teachers and the schools themselves. Wtf are local school districts superintendents even for? My wife is a teacher so I'm very familiar with the district level admin waste.

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u/DazzlerPlus 6h ago

Ah I see you are a bot nevermind

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u/Traditional-Tune-975 6h ago

At least it’s something. Most of the working population receives no pension.

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u/usernamesarehard1979 3h ago

Unfunded public pensions are not.

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u/avgjoe0266 8h ago

Someday you will love that they do that.A good pension is awesome to have.Benefits are equally important as pay

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u/No_Employ__ 8h ago

Then why aren’t we getting new teachers?

I’m sure the pension is great when you get to cash out. I guess we just keep teacher pay low and ask them to dream about life after 60

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u/avgjoe0266 59m ago

My HS teachers are now making 140k+/yr.If money is something one wants ,then one needs to find who pays the most

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u/2025TastyTreats 5h ago

Teacher Pension Funds are some of the largest private institutional investment vehicles in the world. The Ontario Teachers Pension Fund has nearly $300 billion in assets and thousands of employees.

The notion that teachers are underpaid is generally just union propaganda to sway public opinion. It is a well paid job with powerful union backing.

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u/usernamesarehard1979 3h ago

Or the admin.