RochesterRob Posted June 25, 2020 Share Posted June 25, 2020 (edited) 23 minutes ago, Buffalo_Gal said: You think Cuomo is going to go against the teacher's union? That would shock me. Right now teachers are collecting from home. (Well, last check as the school year ends.) My niece (a teacher) took her daughter out of daycare and basically built a fort around their house. Funny part? Her SO works in the fire department and saw a ton of people on his days-on and yet no one was allowed near their house until two weeks ago. SMH Mentioning online schooling is most certain a shot across the bow. Online schooling would open the gates for taxpayers to make pushbacks on staffing. The argument for one teacher for every 24-30 students was there was no archiving of in class presentations. So the distinction had to be made between fast learners and slow learners. In high school those who were just hoping for a school degree versus those wanting a regent's diploma versus those who wanted AP to be noticed by certain colleges. Now all materials can be down loaded and replayed to meet a student's need. Add to that most districts in WNY have been or are under financial stress. One of the fallouts to come out of the pandemic will be fewer businesses to contribute to the taxbase whether it be property taxes or otherwise. My parents' generation who made the last big wide swath of career pay are dying off and so is their contribution to the school districts. No way what's left in WNY in most districts will maintain home values when they are making 11.40 per hour at Quick Lube or Walmart when the last owner was an engineer at some area company making three times the wage. Edited June 25, 2020 by RochesterRob Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 25, 2020 Share Posted June 25, 2020 1 minute ago, RochesterRob said: Mentioning online schooling is most certain a shot across the bow. Online schooling would open the gates for taxpayers to make pushbacks on staffing. The argument for one teacher for every 24-30 students was there was no archiving of in class presentations. So the distinction had to be made between fast learners and slow learners. In high school those who were just hoping for a school degree versus those wanting a regent's diploma versus those who wanted AP to be noticed by certain colleges. Now all materials can be down loaded and replayed to meet a student's need. Add to that most districts in WNY have been or are under financial stress. One of the fallouts to come out of the pandemic will be fewer businesses to contribute to the taxbase whether it be property taxes or otherwise. My parents' generation who made the last big wide swath of career pay are dying off and so is there contribution to the school districts. No way what's left in WNY in most districts will maintain home value when they are making 11.40 at Quick Lube or Walmart when the last owner was an engineer at some area company making three times the wage. Williamsville school budget. Approved last week. Link to comment Share on other sites More sharing options...
RochesterRob Posted June 25, 2020 Share Posted June 25, 2020 1 minute ago, Buffalo_Gal said: Williamsville school budget. Approved last week. I don't know the district so it is impossible for me to evaluate the article. I still see most WNY districts under financial stress and given the impact of COVID 19 on state coffers expect state aid most likely will be reduced. Cuomo's statements might be considered softening the eventual blow on district finances. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 25, 2020 Share Posted June 25, 2020 Just now, RochesterRob said: I don't know the district so it is impossible for me to evaluate the article. I still see most WNY districts under financial stress and given the impact of COVID 19 on state coffers expect state aid most likely will be reduced. Cuomo's statements might be considered softening the eventual blow on district finances. Oh, it is a top school district in WNY. It runs from Amherst through Clarence. I am attaching a snip of a map as I could not get the link from google. Link to comment Share on other sites More sharing options...
RochesterRob Posted June 25, 2020 Share Posted June 25, 2020 2 minutes ago, Buffalo_Gal said: Oh, it is a top school district in WNY. It runs from Amherst through Clarence. I am attaching a snip of a map as I could not get the link from google. Did I read it right that its annual budget is 199M dollars? Seems like a lot of money. 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 25, 2020 Share Posted June 25, 2020 1 minute ago, RochesterRob said: Did I read it right that its annual budget is 199M dollars? Seems like a lot of money. So, some data: 2017 numbers, NYS spends the most per student. Here is a 2016 breakdown on where that money goes. A lot of NYS schools have their per student spending online here. 1 Link to comment Share on other sites More sharing options...
Koko78 Posted June 25, 2020 Share Posted June 25, 2020 25 minutes ago, RochesterRob said: Did I read it right that its annual budget is 199M dollars? Seems like a lot of money. Williamsville has a *****ton of money living there. 1 Link to comment Share on other sites More sharing options...
RochesterRob Posted June 25, 2020 Share Posted June 25, 2020 3 minutes ago, Koko78 said: Williamsville has a *****ton of money living there. In any event I would say that my point is valid for most of the districts in WNY especially in the outlying areas. Link to comment Share on other sites More sharing options...
Magox Posted June 25, 2020 Author Share Posted June 25, 2020 This is an interesting report. Quote The Labor Department’s jobless report came in worst than expected as 1.48 million Americans filed for state unemployment benefits during the week ended June 20, marking the 14th straight week that filings remained above 1 million. Economists polled by Dow Jones had expected first-time applications to total 1.35 million.Though the weekly number did disappoint, one bright spot was that the total number of those receiving benefits continued to fall. Total recipients of unemployment benefits, or continuing claims, fell by 767,000 to 19.52 million. On one hand, you have a stubbornly high amount of people continuing to file for unemployment benefits and on the other you have less overall people receiving them, which shows that there is a lot of rehiring. This sort of underscores a point that I was making to a friend of mine the other day. This is not the sort of recovery where everything will just snap back or is fully dependent on whether or not a company is allowed to come online, and smooth sailing ahead. Even though some of these companies are reopening they are still struggling, they have to operate at less than full capacity. It's difficult to sustain that for many small businesses, so unless some sort of urgent action of additional stimulus is provided for these small businesses, I do think we will continue to keep seeing lots of layoffs for some time while seeing lots of companies and employees coming back online. Definitely some crosscurrents are at play. 1 Link to comment Share on other sites More sharing options...
RochesterRob Posted June 25, 2020 Share Posted June 25, 2020 27 minutes ago, Magox said: This is an interesting report. On one hand, you have a stubbornly high amount of people continuing to file for unemployment benefits and on the other you have less overall people receiving them, which shows that there is a lot of rehiring. This sort of underscores a point that I was making to a friend of mine the other day. This is not the sort of recovery where everything will just snap back or is fully dependent on whether or not a company is allowed to come online, and smooth sailing ahead. Even though some of these companies are reopening they are still struggling, they have to operate at less than full capacity. It's difficult to sustain that for many small businesses, so unless some sort of urgent action of additional stimulus is provided for these small businesses, I do think we will continue to keep seeing lots of layoffs for some time while seeing lots of companies and employees coming back online. Definitely some crosscurrents are at play. Does not matter what side of the aisle your politics are this is far from over. We are seeing temporary improvement because businesses are going to give it their best shot and you can't blame them. But the damage has been already done for many. Going to have to see almost a rebirth of the credit industry as businesses will need all kinds of support to stay afloat. It will be nearly impossible for many businesses to pay a 30 day supplier account on time for a while. American Express and others will have to resist the urge to throw debtors in the usury prison once the good feelings that go along with buying off the media go away. 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 26, 2020 Share Posted June 26, 2020 More on schools: 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 26, 2020 Share Posted June 26, 2020 This is good news: 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 26, 2020 Share Posted June 26, 2020 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 26, 2020 Share Posted June 26, 2020 3 Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted June 26, 2020 Share Posted June 26, 2020 (edited) On 6/25/2020 at 11:02 AM, Buffalo_Gal said: You think Cuomo is going to go against the teacher's union? That would shock me. Right now teachers are collecting from home. (Well, last check as the school year ends.) My niece (a teacher) took her daughter out of daycare and basically built a fort around their house. Funny part? Her SO works in the fire department and saw a ton of people on his days-on and yet no one was allowed near their house until two weeks ago. SMH ...never...NEVER......and probably no Dem would because of the money the Unions provide......have read several articles recently written by AFRICAN-AMERICAN educators who deplore teacher Unions for their fight against Charter Schools......citing Charter Schools as being a critical avenue for aspiring African-American students to escape the abysmal failures of city public school systems....BILLIONS more poured in with lesser results.......denying the aspiring the freedom of choice is repulsive............ Edited June 26, 2020 by OldTimeAFLGuy 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 27, 2020 Share Posted June 27, 2020 Cuomo, de Blasio wrong to limit worship services, condone mass protests: federal judge New York Gov. coronavirus orders unfairly targeted houses of worship, federal judge says. A federal judge said New York Gov. Andrew Cuomo, Attorney General Letitia James, and New York City Mayor a Bill de Blasio "exceeded" their executive limits by limiting worship services and condoning mass protests as the state continues to reopen from coronavirus restrictions. </snip> Governor Cuomo and Mayor de Blasio could have just as easily discouraged protests, short of condemning their message, in the name of public health and exercised discretion to suspend enforcement for public safety reasons instead of encouraging what they knew was a flagrant disregard of the outdoor limits and social distancing rules," the judge added. "They could have also been silent. But by acting as they did, Governor Cuomo and Mayor de Blasio sent a clear message that mass protests are deserving of preferential treatment." </snip> As a result of the federal order, Cuomo, James, and de Blasio are "enjoined and restrained from enforcing any indoor gathering limitations” against the involved houses of worship “greater than imposed for Phase 2 industries,” provided that participants follow the prescribed social distancing. They are also forbidden from “enforcing any limitation for outdoor gatherings provided that participants in such gatherings follow social distancing requirements as set forth in the applicable executive orders and guidance.” </snip> 2 Link to comment Share on other sites More sharing options...
B-Man Posted June 27, 2020 Share Posted June 27, 2020 (edited) Masks are a tool, useful in the right application. They’ve become a political fetish object for reasons that have nothing to do with their utility. Truth........ Our nurses deserve a lot more respect than they usually get. Edited June 27, 2020 by B-Man 3 Link to comment Share on other sites More sharing options...
B-Man Posted June 27, 2020 Share Posted June 27, 2020 Link to comment Share on other sites More sharing options...
SoTier Posted June 28, 2020 Share Posted June 28, 2020 On 6/25/2020 at 3:30 PM, Magox said: This is an interesting report. On one hand, you have a stubbornly high amount of people continuing to file for unemployment benefits and on the other you have less overall people receiving them, which shows that there is a lot of rehiring. BLS This sort of underscores a point that I was making to a friend of mine the other day. This is not the sort of recovery where everything will just snap back or is fully dependent on whether or not a company is allowed to come online, and smooth sailing ahead. Even though some of these companies are reopening they are still struggling, they have to operate at less than full capacity. It's difficult to sustain that for many small businesses, so unless some sort of urgent action of additional stimulus is provided for these small businesses, I do think we will continue to keep seeing lots of layoffs for some time while seeing lots of companies and employees coming back online. Definitely some crosscurrents are at play. The Bureau of Labor Statistic also estimates that there are another 9 million people not in the work force who would like jobs ... "The number of persons not in the labor force who currently want a job, at 9.0 million,declined by 954,000 in May, after increasing by 4.4 million in April. These individuals were not counted as unemployed because they were not actively looking for work during the last 4 weeks or were unavailable to take a job" BLS Stats Link to comment Share on other sites More sharing options...
Chef Jim Posted June 28, 2020 Share Posted June 28, 2020 2 minutes ago, SoTier said: The Bureau of Labor Statistic also estimates that there are another 9 million people not in the work force who would like jobs ... "The number of persons not in the labor force who currently want a job, at 9.0 million,declined by 954,000 in May, after increasing by 4.4 million in April. These individuals were not counted as unemployed because they were not actively looking for work during the last 4 weeks or were unavailable to take a job" BLS Stats Huh.....where have we heard this before? ? Link to comment Share on other sites More sharing options...
Reality Check Posted June 28, 2020 Share Posted June 28, 2020 (edited) https://www.zerohedge.com/markets/many-millennialsgen-z-stressed-all-time-job-mobility-plunges-first-time No school and no jobs for young people. Not good. Thank you to China and their American supporters. https://www.zerohedge.com/personal-finance/nyu-prof-hundreds-if-not-thousands-universities-will-soon-be-walking-dead Gender and race studies will take a serious hit over this. That is really too bad for the social engineering cult. Edited June 28, 2020 by Reality Check Link to comment Share on other sites More sharing options...
Reality Check Posted June 28, 2020 Share Posted June 28, 2020 https://www.dailymail.co.uk/news/article-8467595/Amsterdams-red-light-district-gets-green-light-reopen-Wednesday.html It's about time. 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 28, 2020 Share Posted June 28, 2020 2 Link to comment Share on other sites More sharing options...
RochesterRob Posted June 28, 2020 Share Posted June 28, 2020 11 minutes ago, Buffalo_Gal said: Cuomo has said that he expects state aid to be reduced by at least 20 percent starting 2020-21 school year. I wonder how this will affect re-opening? Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 28, 2020 Share Posted June 28, 2020 4 minutes ago, RochesterRob said: Cuomo has said that he expects state aid to be reduced by at least 20 percent starting 2020-21 school year. I wonder how this will affect re-opening? Who didn't foresee closing down the state for 4 months as having an impact on taxes? Link to comment Share on other sites More sharing options...
RochesterRob Posted June 28, 2020 Share Posted June 28, 2020 1 minute ago, Buffalo_Gal said: Who didn't foresee closing down the state for 4 months as having an impact on taxes? Easy for people such as ourselves to see but I would imagine quite a few people even now do not see the ramifications of unrealized tax revenue. I don't think districts are allowed to borrow money for non-capital projects. Even before Corona the City of Rochester SD was facing a seven figure deficit with the only real option of cutting staff to make up for the short fall. I would imagine many districts if they are not facing issues will face them. Link to comment Share on other sites More sharing options...
Penfield45 Posted June 28, 2020 Share Posted June 28, 2020 40 minutes ago, Buffalo_Gal said: Who didn't foresee closing down the state for 4 months as having an impact on taxes? do you realize how much larger the death toll would be right now had american not closed when they did? the lockdowns SAVED LIVES. just because your ***** children couldn't attend their graduation doesn't mean their lives will end. get a grip Link to comment Share on other sites More sharing options...
Doc Brown Posted June 28, 2020 Share Posted June 28, 2020 3 hours ago, Reality Check said: https://www.dailymail.co.uk/news/article-8467595/Amsterdams-red-light-district-gets-green-light-reopen-Wednesday.html It's about time. How were they not essential personnel? 2 Link to comment Share on other sites More sharing options...
3rdnlng Posted June 28, 2020 Share Posted June 28, 2020 23 minutes ago, Penfield45 said: do you realize how much larger the death toll would be right now had american not closed when they did? the lockdowns SAVED LIVES. just because your ***** children couldn't attend their graduation doesn't mean their lives will end. get a grip Thank God for Trump and his strong encouragement to the states to stop the spread by shutting down. Too bad some governors can't read and thought the CDC recommended returning infected people to nursing homes. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 28, 2020 Share Posted June 28, 2020 Yup, sure, it was the bars... 2 Link to comment Share on other sites More sharing options...
Reality Check Posted June 28, 2020 Share Posted June 28, 2020 1 hour ago, Doc Brown said: How were they not essential personnel? I know right? Strange times. Link to comment Share on other sites More sharing options...
123719bwiqrb Posted June 28, 2020 Share Posted June 28, 2020 1 hour ago, Reality Check said: I know right? Strange times. Cuomo would have made sure they stayed working... CUOMO_2024 - I like hookers. 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted June 28, 2020 Share Posted June 28, 2020 4 hours ago, RochesterRob said: Easy for people such as ourselves to see but I would imagine quite a few people even now do not see the ramifications of unrealized tax revenue. I don't think districts are allowed to borrow money for non-capital projects. Even before Corona the City of Rochester SD was facing a seven figure deficit with the only real option of cutting staff to make up for the short fall. I would imagine many districts if they are not facing issues will face them. How much staff do they have to cut for a 7 figure deficit? Five? ? And how much of that is pension obligations? Link to comment Share on other sites More sharing options...
RochesterRob Posted June 28, 2020 Share Posted June 28, 2020 25 minutes ago, Chef Jim said: How much staff do they have to cut for a 7 figure deficit? Five? ? And how much of that is pension obligations? OK, as of the last week they were dealing with an 87 million dollar gap (the figure has varied the last few months so we should say an EIGHT figure deficit) and were eliminating 300 teaching positions and closing 5 buildings. I don't live in that district so I don't follow to the day in terms of what is taking place there. My apologies. Link to comment Share on other sites More sharing options...
Reality Check Posted June 29, 2020 Share Posted June 29, 2020 (edited) https://www.zerohedge.com/political/mass-tracking-covi-pass-immunity-passports-be-rolled-out-15-countries More progress on the horizon. https://www.zerohedge.com/markets/major-mexican-cartels-drug-wars-and-business At least the cartels have kept working. Edited June 29, 2020 by Reality Check Link to comment Share on other sites More sharing options...
Reality Check Posted June 29, 2020 Share Posted June 29, 2020 https://www.dailymail.co.uk/news/article-8468523/American-Academy-Pediatrics-says-schools-reopen-goal-students-present.html It looks like someone wants to kill our kids. Link to comment Share on other sites More sharing options...
Magox Posted June 29, 2020 Author Share Posted June 29, 2020 Pending home sales breaks records Quote WASHINGTON (June 29, 2020) – Pending home sales mounted a record comeback in May, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic, according to the National Association of Realtors®. Every major region recorded an increase in month-over-month pending home sales transactions, while the South also experienced a year-over-year increase in pending transactions. The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking indicator of home sales based on contract signings, rose 44.3% to 99.6 in May, chronicling the highest month-over-month gain in the index since NAR started this series in January 2001. Year-over-year, contract signings fell 5.1%. An index of 100 is equal to the level of contract activity in 2001. “This has been a spectacular recovery for contract signings, and goes to show the resiliency of American consumers and their evergreen desire for homeownership,” said Lawrence Yun, NAR’s chief economist. “This bounce back also speaks to how the housing sector could lead the way for a broader economic recovery.” 1 1 1 Link to comment Share on other sites More sharing options...
RochesterRob Posted June 29, 2020 Share Posted June 29, 2020 3 minutes ago, Magox said: Pending home sales breaks records Not sure how excited I should be over this. Making a move to buy a home is more than a 1 or 2 month period in terms of planning and execution. Not saying that an industry association can't toot its own horn but the data does not suggest a broad recovery in my mind. The data needs to be broken down to give a clear picture of what is going on by region and income category. I'd rather look at measures such as vehicle leasing and purchasing, account activity by businesses to those that provide goods or services to them, etc.. Link to comment Share on other sites More sharing options...
Magox Posted June 29, 2020 Author Share Posted June 29, 2020 Just now, RochesterRob said: Not sure how excited I should be over this. Making a move to buy a home is more than a 1 or 2 month period in terms of planning and execution. Not saying that an industry association can't toot its own horn but the data does not suggest a broad recovery in my mind. The data needs to be broken down to give a clear picture of what is going on by region and income category. I'd rather look at measures such as vehicle leasing and purchasing, account activity by businesses to those that provide goods or services to them, etc.. I rarely look at one indicator to conclude a view. It's just a data point a positive one at that to support that there are green shoots. With that said, and we've discussed it before there are cross currents at play. This just happens to be a potential positive indicator. Link to comment Share on other sites More sharing options...
RochesterRob Posted June 29, 2020 Share Posted June 29, 2020 (edited) 8 minutes ago, Magox said: I rarely look at one indicator to conclude a view. It's just a data point a positive one at that to support that there are green shoots. With that said, and we've discussed it before there are cross currents at play. This just happens to be a potential positive indicator. I can appreciate what you are saying. I just find realtors's associations as being particularly obnoxious. Edited June 29, 2020 by RochesterRob 1 Link to comment Share on other sites More sharing options...
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