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A nominal 2% budget cut is a 5-6% real cut, assuming average wage growth and inflation. And if that cut meant going back to where the budget was 1-2 years earli
by jltsiren 2y ago
A nominal 2% budget cut is a 5-6% real cut, assuming average wage growth and inflation. And if that cut meant going back to where the budget was 1-2 years earlier, the university had already faced effective budget cuts over those years.
- xienze 2y agoYou’re missing the bigger point, that the cuts they proposed in response were far beyond what would be necessary for such a small budget cut. To say nothing of the fact that they immediately jumped to making highly disruptive cuts (like an entire department) instead of even considering things like cutting admin roles or creature comforts (which had grown like crazy in the years prior) first.