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re: Which state is the biggest trainwreck?
Posted on 1/19/19 at 12:09 pm to fallguy_1978
Posted on 1/19/19 at 12:09 pm to fallguy_1978
quote:
California is bleeding middle class residents and replacing them with illegals. It's not a healthy state from a financial standpoint.
California literally had the two largest state surpluses in US history the past two years, and has the largest budget reserve of any state. Its economy is bigger than Texas and Florida combined.
I realize this isn't the Fox News narrative but w/e
3
Posted on 1/19/19 at 12:11 pm to EmperorGout
Let’s not get caught up in facts now 
Posted on 1/19/19 at 12:17 pm to EmperorGout
quote:
California literally had the two largest state surpluses in US history the past two years, and has the largest budget reserve of any state. Its economy is bigger than Texas and Florida combined.
I like California but they do rank near the bottom in terms of fiscal condition. That takes into account things like pension liabilities etc. They will continue to create more social welfare programs too.
Again, look at the number of companies that have left for lower cost states like Texas.
California companies fleeing state in droves
This post was edited on 1/19/19 at 12:23 pm
Posted on 1/19/19 at 12:24 pm to EmperorGout
quote:
California literally had the two largest state surpluses in US history the past two years, and has the largest budget reserve of any state. Its economy is bigger than Texas and Florida combined.
It also has an above average poverty rate, high taxes and areas even the median income of the country cannot afford to live.
There are awesome things about California, but a very real downside too. I guess if you're upper middle class to rich it's a great place to live.
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