Teachers and casinos
EDITOR: Your Wednesday editorial ("A $22 million daily cost for pension delay") noting that the California State Teachers Retirement System has a projected need for $240 billion over the next 30 years seems staggering.
In the business section, it is noted that "California's 68 tribal casinos raked in $6.96 billion in 2012" ("Revenues up at Indian casinos," Wednesday). If one takes an average of
$8 billion in casino revenue per year over the next 30 years, the result is $240 billion over the next 30 years — also a staggering amount. If one also adds in a yearly average of $5 billion in California lottery revenue for the next 30 years, total government sanctioned gambling revenue soars to almost $400 billion.
Our teachers have some significant competition down the road for sure.
Climate and logic
EDITOR: Andy Logar ("Analysis vs. consensus," Letters, Wednesday) claims that the thousands of scientists who have studied global climate change for many years are flawed in their analysis. Apparently he can set them straight because he took a class in analytical thinking. Being scientists, I think it's safe to assume that not only are they using the scientific method but that they did not "blithely ignore the inherent thermodynamic" blah, blah.
Did they study the climate and atmosphere of planet Earth without including planet Earth in the study? Not likely.