Tuesday, January 29, 2008

And There is a Recession Coming

Take a look at this Sentinel article about the economic difficulties of the UCF Golden Knights Plaza and you’ll see a metaphor for all UCF administrators. Although Chad Binette does an admirable job of arguing that things are not so bad, the critical piece of evidence is that UCF waived rent for a month and deferred it for another month. Because UCF loves money, things must have been quite dire for the administration to come to this decision.

This story is just another example of the inability of UCF administrators to make sound decisions. If it were not for the existence of taxpayer-subsidized education, most of these fools would be starving to death. I don’t mind that the less fortunate are propped up (although we don’t need to be doing it at salaries over six figures a year), but I do mind that these cognitively challenged individuals are determined to keep spending more and more money on foolish endeavors.