Termyn8or
Posts: 18681
Joined: 11/12/2005 Status: offline
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quote:
ORIGINAL: Termyn8or quote:
ORIGINAL: MrRodgers quote:
ORIGINAL: Termyn8or They already got more debt than Russia, how are they going to pay for it ? Their tax rates are through the roof, they are already scaring away both people and businesses. They are always rent seeking. But le them pass it and they will find out the hard way. liberals can't learn the easy way. And they do not know math, there is no addition and subtraction to them, only abstraction. It's just fine with me, I wouldn't be caught dead there. T^T Again, where do you get this stuff. Only now for fiscal 2019-20 is the Calif. govt. due to go into deficit. Cailf. economy has grown faster than most states, now including Tex. and faster than the US economy. The tax problem is that revenue are to tied to wall street and the govt. is as we type figuring new ways to tackle that problem which is either boom or bust. Cailf. has turned a huge debt into a small surplus. Unemployment is down to 4.9%. HERE The Calif. population continues to grow now at over 39 Million projected to soon surpass 40 million. 17th fastest in growth in the US. HERE I don't see dot govs after the URLs of those links so they are meaningless. And explain the "growth" of an economy. is Ukraine better off with western oil getting a cut out of their pipeline profits ? Is Ukraine better off with Monsanto poisoning their backyard ? Do they get a percentage ? What is economic growth, but more aptly, is it, in and of itself a good thing ? Another thing, consider this, the GDP of the country so therefore assume states as well, the GDP includes money made by banks. On paper. Other than through the roof fees, they play high risk with the money that is supposed to be low risk. They'll give you 1% provided you meet the minimum balance requirements. They win, you keep your money, they lose, you are covered by the FDIC or FSLIC. So your measly $250,000 insurance cover is paid for by you through your tax dollars. And it has been that way for a long time. The time for an armed revolution is when they called in all the gold. I would have told them to go fuck off. Liberals think like "Forget about real money, we got this new fake shit that we can just print and print". Well let me tell you something. Rune a poker game using chips (in case the cops come, like in a public place) The owner of the game has the chips and he sells them. Once in a while he gets a good hand and can stay on the table beyond his means by just "tapping the till". Well that is how the economy works. Get used to it because it is not changing anytime soon. Sooner or later, the game is over and everyone wants to cash in and go home. Now the owner of the game comes up short. In the old days of real justice he would be beaten to within an inch of his life or worse. But now we give them money and yachts and Lear jets and all that with. The got caught short in 1929, 1933, 2008 and quite few times in between. You or I would be homeless. Anyway, let's see what Moody's says and then see how California sets with that half trillion debt. T^T
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