the port owners were willing to say all the clerks will have lifetime employment. but if someone retires we want the flexibility to move their job around or eliminate their position and the union said no. these clerks basically still use paper invoices to make sure the cargo moves clearly. a lot of that can be automated. these jobs, $165,000 are apparently forever. as a result of that we had this unnecessary strike and it cost a billion dollars a day and the price of toys may go up on christmas. this was not about benefits, vacation or pensions or salary. it was about the job of these clerks monitoring the port car go and their jobs are going to be guaranteed for life. but they wouldn t be allowed to replace them or eliminate those jobs once they retired.
then robert zoelik will step down as head of the world bank. his exit interview here on gps. next, we go to israel which has anointed a king. what in the world does it mean? and, finally, the curious case of the guy who has come to be known as american french fry brother. a cultural lost in translation all the way from china. you won t want to miss it. first, here s my take. everyone is looking at europe these days as economic and political protests mount across the continent. the downward spiral in europe has produced a great debate over the virtues of austerity. the idea that government with large budget deficits must reduce these deficits mainly by cutting spending. if they don t get their budgets in order, they won t be able to borrow money and will face a fiscal nightmare of ever rising interest rates. the problem is that as governments have cut spending in very depressed economies, it has caused growth to slow even further. do you see government workers who have
we ll begin today s show in europe. voters in france and greece made their anti-austerity feelings known last weekend and stock markets plunged. we ll have a panel on the big picture and what it means for politics in the west. then robert zellik will step down as head of the world bank. his exit interview here on gps. next we go to israel which has anoinlted a king. what in the world does it mean? and, finally, the curious case of the guy who has come to be known as american french fry brother. a cultural lost in translation all the way from china. you won t want to miss it. first, here s my take. everyone is looking at europe these days as economic and political protests mount across the continent. the downward spiral in europe has produced a great debate over the virtues of austerity. the idea that government with large budget deficits must reduce these deficits mainly by cutting spending. if they don t get their spending in order, they won t be able to borrow money and wil
changes. martha: education leaders in new jersey say it s easier to bring somebody in on homicide charges basic lean it is to remove a teacher from their job. this will have to go through the legislature. what about all the people that are already tenured in? chris christie has made an art of fighting the legislature and fighting the unions, i would not count him out on this simply because a lot of the reforms seem to be common-sense to a lot of people. if you re a teacher, tenured in new jersey your job is eliminated, you are still guaranteed lifetime employment in your school district. i think cristie can make the case pretty effectively that he s not blowing things up, he s not getting rid of all the teachers but things do have to change. martha: it s a fascinating moment in our country s history when you see what is going on with unions and what is happening in wisconsin. thank you very much. bill: 18 minutes before the hour. we ll be on top of the story throughout the day. you h
classroom making lesson plans every week, meeting deadlines, all of this is brand new to a first-year teacher. and on top of it, trying to pass each year to get to tenure. it s a lot. just about every state has a tenure law on the books for public schoolteachers. it s job security in a tight labor market. but critics say it prevents districts from removing bad teachers from the classroom. these due process intentions were not intended to guarantee lifetime employment for teachers. but over time, it became prohibitively expensive and time-consuming for districts to attempt to fire a teacher. and today really most districts don t even attempt to do so on grounds of performance even if it s quite clear that a teacher is ineffective. reporter: teachers can be dismissed after receiving multiple poor evaluations in just 11 states. in other states like new york, those teachers can be fired but