Commentary
If you want to see what’s wrong with K-12 education in California, a good place to start is Assembly Bill 938, by Assemblyman Al Muratsuchi (D-Torrance). It sets “aspirational funding levels” to “raise wages by 50 percent” for teachers and other school workers by fiscal year 2030-31. Or seven years from the 2023-24 fiscal year, which begins this July 1.
Well, I have personal “aspirational funding levels” by then of $1 million a year. But that’s not likely to happen unless I win the lottery, which I don’t even play. Hoping isn’t getting.
Using a compound interest calculator, that 50 percent over seven years comes to 6.5 percent a year. How many people in the private sector who pay taxes will get 6.5 percent yearly raises?…