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Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

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Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#61
post #2

We are entering a new dark ages ruled by the priests of austerity, unable to value anything but short-term money.

Two things:

1) Stop importing so many needy people. Do it today. Cut the welfare benefits in half or better.

2) Cut the pension obligations in half or better. The promises were overblown to begin with. Negotiating with pensioners is better than them getting nothing and us getting high taxes and nothing else.

Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#62
post #56

51.4% voted for this governor in 2018, so I have to conclude that this is the outcome that most voters wanted. When you vote for a party that wants smaller government, it should be no surprise when you get fewer government services.

I'm fine with smaller government across the board everywhere. If we went back to 1980s size government that would be just fine. It's not like we were under-governed in the 1980s.

Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#63

Earlier quoted context omitted.

The general austerity theory is contradicted by the fact that government budgets in most of the US haven't been reduced. The problem is the largest programs that already eat most of the budgets continue to expand to consume everything that's left. We dramatically increase taxpayer-funded healthcare spending while doing nothing about underlying healthcare costs and then wonder where all the money went.

Such a big issue. We all see the high healthcare and education costs and want healthcare and higher education for all, but our healthcare (current system) is way more expensive than other developed nations' and college prices have only increased over time, turning student loans into college administrators. We'll have to address this inflation either way.

This is why these universal programs are coupled with monopsony leverage. Healthcare prices have exploded because the government has been intentionally hobbled at the bargaining table, legislatively blocked from using its weight to negotiate better deals for prescription drug prices. Tuition has exploded because a system of credit has been created that is untouchable by bankruptcy.

These are solvable problems.

Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#64

Earlier quoted context omitted.

I'm not sure about Alaska, but if you look at voter turn out demographics in California - it's very skewed by senior citizens. Who, unsurprisingly, aren't that excited about education or higher taxes.

We have systems that give equal weight to a vote made by somebody with 5 years left on the planet and somebody with 50 years left. That's a huge incentive divide and it favors short term thinking. In many ways it's unfair and sub-optimal, but I don't foresee it changing.

Indeed, a teenager should have triple the voting power of a 40 year old

Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#65
post #13

This is in some ways a preview of why the theory of basic income replacing other government spending (and therefore being fiscally conservative and libertarian) is false. Alaska is redirecting money from universities to basic income (the oil dividend) and it’s considered an outrage. The same thing would happen for any government program.

Well, in theory, people can use that basic income to pay for school... or they could, if the school wasn't so bloated and overpriced, which the school has been getting away with because the government has been giving it so much money.

Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#66

I understand a well off nation ruled by democracy due to distributed table-stakes, and a poor nation ruled by a dictator due to centralized table-stakes, but I've never known a well off nation to intentionally sabotage its own table-stakes in order to surrender to dictatorship. Why is this happening? Who supports it? Why do they think it is necessary?

What is kind of interesting is - does it make sense for the environment to actually grow the population of Alaska? Its not like its an easy environment to live in without using an increasing amount of greenhouse gases. The population should migrate toward areas where the temperature/humidity does not require resources just to be comfortable. The population should also migrate toward where energy that is renewable and…

Alternatively, let people live where they'd like to.

Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#68

The Alaska budget cuts are not only to the University. Deep cuts across the board with services Governor Dunleavy feels are unnecessary taking the biggest hit (public health, university, public ferry transportation). However, according to Alaska's constitution the government must come up with a balanced budget. They have failed to do so since revenue shortfalls began. The previous governor used a stopgap measure of u…

While this may be true, Alaska, unlike almost all other states, basically operates without any income or sales taxes. They depend almost entirely on oil revenue and property taxes which obviously isn't sustainable long term. https://www.bankrate.com/finance/taxes/state-taxes-alaska.as...

Agreed, it is not sustainable. Alaska put themselves in this situation by growing government whenever oil prices were high without any regard to oil prices dropping. There was an opportunity to build Alaska wealth without taxes but I feel the time has passed. If Alaska had instead taken the 75% share of oil revenue allocated to government and invested it the same as the people's portion they wouldn't be in this situation. The entire historical debacle just illustrates in vivid color how horrendous politicians are at managing money.

Edit: 75% for government not 25%. 25% is for the dividend fund.

Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#69

Earlier quoted context omitted.

> That money has to come from somewhere, and it's going to be the voting minority. This is not dictatorship, this is pure democracy in action - the popular vote. Tyranny of the majority. This is a little like discussion of frictionless surfaces and spherical cows in high school physics. In reality, a lot of laws are written for the rich minority.

I agree that there is a lot of regulatory capture in lawmaking. However, this is a case of exactly the opposite. The cuts are happening to a relatively wealthy minority in Alaska (academics, college attendees, the engineering community, and oil corporations that depend on engineering schools) while more popular welfare and training programs go untouched.

Who knew that the future could be cooked down into a paste- and squeezed on bread. Obviously nobody after us- we made sure of that with the cut to the history department.

Re: Alaska’s Engineering Colleges Prepare to Slash Programs, Lay Off Faculty

#70
post #65
post #13

This is in some ways a preview of why the theory of basic income replacing other government spending (and therefore being fiscally conservative and libertarian) is false. Alaska is redirecting money from universities to basic income (the oil dividend) and it’s considered an outrage. The same thing would happen for any government program.

Well, in theory, people can use that basic income to pay for school... or they could, if the school wasn't so bloated and overpriced, which the school has been getting away with because the government has been giving it so much money.

True, federal subsidies and loans responsible for inflating tuitions nationwide have reached a total of $120 billion per year.

https://www2.ed.gov/about/reports/annual/2017report/fsa-repo...

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