WCVE Forum August 21: “The Breakdown”

The economy again has surged to the forefront, both in the news and in listeners’ minds. With fluctuations in global markets, national credit scores in flux and banks feeling the crunch, people want guidance now more than ever.
Kai Ryssdal hosts The Breakdown, an hour-long Marketplace special. Senior Editor Paddy Hirsch will discuss the major financial events from 2008 to now. New York Bureau Chief Heidi Moore will explain what is behind the drastic market swings. Marketplace will also report on the biggest impact of the economic crisis to individuals: joblessness. How do we create more jobs? Is 9% unemployment the new normal? Marketplace will ask the tough questions. The Breakdown will also take a global perspective with reports from Europe and China on the relationship between their economies and ours.
Join WCVE Public Radio for WCVE Forum, Sunday at 6:00 p.m.
Because Marketplace is dedicated to reporting on the economy and what it all means, you can count on Marketplace to provide the accessible, timely and relevant coverage listeners demand in these times of increased economic uncertainty.
Thanks for the interesting story. Even more interesting is:
Chester Upland School District
Between 2006 and 2010, according to the district's lawsuit, its budget rose from $85 million to $113 million and the workforce grew from 590 to 735. Enrollment over that same period fell from 4,600 to 3,700. The complaint also suggests the district's charter school payments - which amount to $43 million in the current school year - have contributed to its financial troubles. (abclocal.go.com)
In 2009, the district residents’ per capita income was $13,521, while the median family income was $30,900. [2] (Wikipedia).
$113 million divided by 3,700 students = $30, 540 per student.
Interesting that they spend the equivalent of the median family income per student in that district, isn’t it.
Thanks, dm
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