Since this was QT'd, adding this to the replies so others see it.https://twitter.com/gorskon/status/1130505906020597761 …
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They deserve the salary that would have to be paid to replace them if they quit.
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That is the salary they get, which is not necessarily the salary they deserve. Do you think everyone always gets exactly what they deserve?
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The median professional baseball player is not in the majors and makes less than the average teacher.
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Translation: I need to buy the teachers union.
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Comparing employees in different fields is arguably a false equivalency, or not. But there’s a problem with a system where the “market” values purveyors of ephemeral entertainment astronomically higher than people responsible for educating the nation’s future.
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MLB players received a total of ~$5 billion for all major and minor league players. Based on ~3.2 million teachers earning an average of $60,000/year, we get teachers make a total of $192 billion. Maybe it's a matter of subjectivity as to what the market values.
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A middle-class one. Market forces don't necessarily dictate that, which is the point in part. We don't, as a society, need to let market forces dictate everything.
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Well, at least something to make up for this? Quote: In 1994, public-school teachers made only 2 percent less than college graduates in other fields; by 2015, the gap was 17 percent.
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Obviously there are enough people becoming teachers to keep the salary depressed. Teaching is a popular career, but not because of the salary. Intangible benefits are real and influence the wage.
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