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Historically speaking, this profession was dominated by women, and thus, of low status. High pay can change that perception. I mean high as in stockbroker high. Why not? Are we serious about this or not?
As a retired teacher I can attest to the lack of proper training. Any prospective teacher should spend at least 1 year as a paid apprentice working along side an experienced teacher in the classroom, everyday, all day. The best of my teacher training/education was as a student teacher. Finally, I disagree with Bloomberg's premise. Good schools are made by good students, not good teachers. Good teachers make good students better, but can have only a marginal affect on bad students. By good students I mean those who are motivated and with a stable home environment. If people think that's true for all NYC kids, they are sadly mistaken.