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re: California just revealed a $54.3 billion deficit — signaling deep cuts ahead

Posted on 5/8/20 at 9:37 am to
Posted by skullhawk
My house
Member since Nov 2007
23925 posts
Posted on 5/8/20 at 9:37 am to
quote:

California just revealed a $54.3 billion deficit — signaling deep cuts ahead


what's worse is there are still people who believe shutting down the economy was the right thing to do and in fact we should shut down harder and longer.

This approach was like setting a tack with a sledgehammer.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11442 posts
Posted on 5/8/20 at 9:41 am to
I've been hysterically laughing for the past month knowing that this would be the logical conclusion to the shutdowns. We have governor's holding individuals hostage for bailout dollars. The corporate sector got one so why not me, sir? States need to seriously consider local crypto that can't be debased by the Feds, this is so beyond ridiculous.

FYI corporations are blaming their balance sheet destruction on the virus too
This post was edited on 5/8/20 at 9:43 am
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