Our friends over at the OEA have a fun tool to play with for those people who want to learn the true economic impact Kasich’s budget will have on local economies throughout Ohio. OEA has compiled data on every individual school district, county, House district, and Senate district based on the number of teachers that will be fired from the cuts to public education in Kasich’s proposed budget. OEA projects that these cuts will lead to districts firing over 10,000 teachers across the state and will result in a loss of $1.7 billion in FY 13 and $2.1 billion across the biennium to local economies.
According to the OEA site, these projections are based on a couple of assumptions. (1) School districts are unable to operate for long with a deficit and will be forced to fire teachers due to a significant loss of state funding, and (2) each teacher that losses their job represents a person who will be unable to put money back into the local economy, hence, harming local businesses. The projections are based on the average salary and benefits of a teacher across the state.
http://ohiobudgetwatch.com/2011/04/oea-projects-10k-teachers-will-loose-their-jobs-from-funding-cuts/