Waiting for Superman, Teachers’ Unions, Political Donations

Conscientious journalists from all media and specialties strive to serve the public with thoroughness and honesty. (SPJ)

Waiting for Superman

Taken together, the two biggest teacher’s unions, the NEA and AFT, are the largest campaign contributors in the country. Over the last 20 years, they’ve given over $55 million to federal candidates and their parties, more than the Teamsters, the NRA or any other individual organization.

Ahem.

“Taken together,” the NEA (National Education Association) and AFT (American Federation of Teachers) are not an individual organization. The comparison is misleading. From 1989-2012, the NEA ranked 5th among political contributions by special interests, behind AFSCME (a conglomeration of local unions), AT&T Corp. and the National Association of Realtors.

The NEA and the AFT are the only organizations representing the interests of teachers. The proper comparison is between organizations serving teachers “taken together” and organizations serving other interests “taken together.” For example, how do the political donations of teachers’ unions compare to those of the banking industry?

Political Donors, 1989 to mid-2012

Education & Banking  
National Education Assn $42 million
Goldman Sachs $39 million
American Federation of Teachers $34 million
Citigroup Inc $30 million
American Bankers Assn $26 million
JPMorgan Chase & Co $25 million
Morgan Stanley $23 million
Bank of America $21 million
UBS AG $18 million
Credit Suisse Group $15 million
Merrill Lynch $14 million
Teachers’ Unions $76 million
Banks & Investment Banks $211 million

“Taken together,” the banking industry is the largest campaign contributor in the country. Its political donations are almost triple those of the teachers’ unions.

The organizations that should be “taken together” are those that share self-interests. The self-interest of the rest of the financial sector overlaps that of the banks (they all want financial deregulation, for example):

Other Interest Groups in Financial Sector  
National Assn of Realtors $44 million
Credit Union National Assn $21 million
Deloitte LLP $20 million
Ernst & Young $20 million
PricewaterhouseCoopers $19 million
AFLAC Inc $17 million
Natl Assn/Insurance & Financial Advisors $17 million
American Institute of CPAs $14 million
American Financial Group $13 million
KPMG LLP $13 million
New York Life Insurance $12 million
Prudential Financial $11 million
Massachusetts Mutual Life Insurance $11 million
MetLife Inc $11 million
Indep Insurance Agents & Brokers/America $11 million
Other Financial $254 million
   
TOTAL  
Education Sector $76 million
Financial Sector $465 million

“Taken together,” the financial sector gave six times more money to political candidates and parties than the “education sector”.

Some other special interest groups, taken together:

Telecommunication Industry  
AT&T Inc $49 million
Time Warner $22 million
Verizon Communications $22 million
Comcast Corp $15 million
BellSouth Corp $13 million
TOTAL $121 million
*Communications Workers of America $32 million
Military Industry  
Lockheed Martin $22 million
General Electric $22 million
Boeing Co $18 million
Northrop Grumman $15 million
General Dynamics $14 million
Honeywell International $14 million
Raytheon Co $13 million
TOTAL $118 million
*Machinists & Aerospace Workers Union $28 million

* Relevant unions, which I didn’t count in the industry totals, although they have overlapping interests.

Waiting for Superman’s statement that “…the NEA and AFT are the largest campaign contributors in the country” is absurd. It violates the journalist’s pledge to serve the public with honesty.

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