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re: California has a $6.1 billion budget surplus
Posted on 3/4/18 at 9:29 pm to HailHailtoMichigan!
Posted on 3/4/18 at 9:29 pm to HailHailtoMichigan!
quote:
last year’s new residents from other states were just 1.33 percent of all Californians — the lowest rate of attraction among all states.
When you are the largest state in the country, this means nothing to rank it against smaller states.
Posted on 3/4/18 at 9:39 pm to BamaAlum02
quote:Louisiana will be in that race, which is stupid since we have New Orleans, which would be a gold mine in that market.
Sadly, AL will probably be the last the legalize.
Posted on 3/4/18 at 10:36 pm to HailHailtoMichigan!
quote:
poverty in other places. Santa Ana, Oakland, El Centro....these are among the poorest places IN THE NAT
Oakland as one of the poorest places, wow this might be one of the dumbest statements I have seen from someone who has obviously never been there.
Posted on 3/4/18 at 10:41 pm to luvdatigahs
quote:There are certain areas of oakland, certain precincts, that are as poor as poor areas of new orleans, alabama, kentucky, etc. Is it as widespread? No. But california has pockets of very bad poverty. Most states do.
wow this might be one of the dumbest statements I have seen from someone who has obviously never been there.
Just a reminder that our poverty rate is highest in country according to ocregister.
quote:
One in five Californians live in poverty, according to a new U.S. Census Bureau report.
Using the Supplemental Poverty Measure, which accounts for regional cost-of-living, the average poverty rate in California from 2014 through 2016 stood at 20.4 percent, the highest among the states and second only to the District of Columbia’s 21 percent average. The national average over that period of time was 14.7 percent.
LINK
California has many things going for it. I am not going to leave here, but I do not like people propagandizing the state.
Posted on 3/4/18 at 10:48 pm to HailHailtoMichigan!
Oh I agree it has some very poor areas, as does everywhere else. The city as a whole is not even close to that though, especially nowadays.
Posted on 3/4/18 at 10:55 pm to luvdatigahs
I was too strong with my original statement, I apologize for that.
Like I said, I will not leave the state because of which party controls the state. That is a silly reason to leave a state. I happen to live in a pretty conservative area of the state, anyway.
California, like all states, has many great benefits and amenities, but some drawbacks.
No state in America is either perfect or a shithole. Some are better than others, but in the grand scheme of things, 80-90% of people in every state are doing just fine.
Like I said, I will not leave the state because of which party controls the state. That is a silly reason to leave a state. I happen to live in a pretty conservative area of the state, anyway.
California, like all states, has many great benefits and amenities, but some drawbacks.
No state in America is either perfect or a shithole. Some are better than others, but in the grand scheme of things, 80-90% of people in every state are doing just fine.
Posted on 3/5/18 at 6:25 am to RedRifle
quote:
Mr. Brown said Wednesday that the state is projecting a $6.1 billion surplus for the next fiscal year
I'm calling bullshite
Posted on 3/5/18 at 7:10 am to Wtodd
quote:
Mr. Brown said Wednesday that the state is projecting a $6.1 billion surplus for the next fiscal year
Isn’t that like saying next week after I get paid I will have surplus in my checking account, but forget all the bills due.
And you have a 40 year mortgage, 84 month car note, and paying the minimum on your credit card.
This post was edited on 3/5/18 at 7:19 am
Posted on 3/5/18 at 7:50 am to NeverRains
quote:
$6 billion in California is like $2 million in the rest of the USA
While this is true, the whole making weed thing legal certainly makes money.
Posted on 3/5/18 at 9:19 am to RedRifle
quote:
This ranking of the 50 states, reproduced from page 29 of the study, is based on their fiscal solvency in five separate categories:
Cash solvency. Does a state have enough cash on hand to cover its short-term bills?
Budget solvency. Can a state cover its fiscal year spending with current revenues, or does it have a budget shortfall?
Long-run solvency. Can a state meet its long-term spending commitments? Will there be enough money to cushion it from economic shocks or other long-term fiscal risks?
Service-level solvency. How much “fiscal slack” does a state have to increase spending if citizens demand more services?
Trust fund solvency. How large are each state’s unfunded pension and healthcare liabilities?
![](https://www.mercatus.org/sites/default/files/fr2017-rank_list.jpg)
LINK
Posted on 3/5/18 at 9:26 am to RedRifle
ITT people don't know the difference between a deficit and debt.
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