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Message

re: California has a $6.1 billion budget surplus

Posted on 3/4/18 at 12:13 pm to
Posted by lnomm34
Louisiana
Member since Oct 2009
12612 posts
Posted on 3/4/18 at 12:13 pm to
quote:

I don't want a governor that's going to balance the budget by taking more money from me


You might not want one. But you got one that’s trying.
Posted by RedRifle
Austin/NO
Member since Dec 2013
8328 posts
Posted on 3/4/18 at 12:13 pm to
Oh, you’d rather have the Kansas model.

They basically cut taxes until they could cut no more. And now the state is in a worse fiscal condition in Louisiana.
This post was edited on 3/4/18 at 12:17 pm
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 3/4/18 at 12:15 pm to
quote:

And yet, no water. frick those dorks.


Then how are they supplying you with all your produce?
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 3/4/18 at 12:17 pm to
quote:

It’s amazing how many people are shitting on a state having a $6 billion surplus like it’s nothing


People in Louisiana joking about California is just laughably stupid

One of the most pathetic states piling on the largest economic power in the United States

Makes perfect sense
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69306 posts
Posted on 3/4/18 at 12:19 pm to
LINK

quote:

State Assembly Republican Leader Chad Mayes said recently that California has "the highest poverty rate in the nation" when considering the U.S. Census Bureau’s Supplemental Poverty Measure.

Data from that report, and researchers who study poverty, support Mayes’ statement. The state’s 20.6 percent poverty rate is higher than any other, though Florida’s 19 percent rate is close, especially when considering the margin of error.

The supplemental report is considered by experts the best state-by-state measure of poverty, because it takes into account geographic differences in cost-of-living, not just income levels.

In his statement, Mayes cited the specific report that backs his claim, and added the context that another report, one that doesn’t account for cost-of-living, shows California’s poverty closer to the national average.

Given this clarity and context, we rate Mayes' statement True.
Posted by Clames
Member since Oct 2010
16587 posts
Posted on 3/4/18 at 12:20 pm to
quote:

Then how are they supplying you with all your produce?


The depend on the neighboring states. California has been struggling with supplying its own water for decades. This isn't news to anyone but you apparently
This post was edited on 3/4/18 at 12:21 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69306 posts
Posted on 3/4/18 at 12:22 pm to
quote:

Oh, you’d rather have the Kansas model.

They basically cut taxes until they could cut no more. And now the state is in a worse fiscal condition in Louisiana.


Stop cherry picking.

Many states cut taxes over last 8 years and ended up having bigger surpluses/revenues than before the tax reform.

Ohio, Utah, North Carolina are some examples.

OTOH, Connecticut raised taxes bigly and currently has the worst fiscal condition of any state in the nation.

The point? You can't deduce the validity of a certain worldview by only looking at one state. Economic performance is based on an innumerable amount of factors, many unique to individual states. You can't compare it apples to apples.
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37642 posts
Posted on 3/4/18 at 12:32 pm to
quote:

That is pretty impressive considering that state has been a financial black hole for the past two decades it seems like.





Balanced the budget by raising yet again taxes. That is great but Brown should start focusing on making California more livable for the middle class and business. How about paying on some tax cuts and business incentives to create jobs.
Posted by Rebel
Graceland
Member since Jan 2005
131397 posts
Posted on 3/4/18 at 12:44 pm to
There is a lot of dumbness in this thread.

For this one year, CA claims a 6 billion dollar surplus against money received for this one year. — Basicalky they haven’t spent all of this one paycheck.

CA is carrying a 450 billion dollar dept over.

If they were to apply this years surplus (which they won’t) and continued to do so, CA would still be in debt for 75 years.
Posted by Rebel
Graceland
Member since Jan 2005
131397 posts
Posted on 3/4/18 at 12:46 pm to
CA is the poorest state in the USA.
Posted by Montezuma
Member since Apr 2013
3629 posts
Posted on 3/4/18 at 12:47 pm to
quote:

It’s amazing how many people are shitting on a state having a $6 billion surplus like it’s nothing


Jealous ones that produce less than the handouts they need will do that. Welfare babies mad at the 1%

#occupytherant
Posted by Rebel
Graceland
Member since Jan 2005
131397 posts
Posted on 3/4/18 at 12:49 pm to
And the dumb keeps coming.
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 3/4/18 at 12:51 pm to
quote:

. California has been struggling with supplying its own water for decades. This isn't news to anyone but you apparently

This isn't news to me

But they're obviously getting water from other sources if they continue to supply the country with produce
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69306 posts
Posted on 3/4/18 at 12:51 pm to
quote:

CA is the poorest state in the USA.
People seem to forget just how poor certain areas of california are. Are some areas, such as silicone valley and other coastal cities incredibly wealthy? Yes, but there is startling poverty in other places.

Santa Ana, Oakland, El Centro....these are among the poorest places IN THE NATION.

The irony is that the same people who praise california turn a blind eye to its incredible inequality.

They turn a blind eye to the fact that home ownership in California is THE SECOND LOWEST IN THE NATION.I thought it is sooooooo important for the middle class to own homes and have equity?

They turn a blind eye to the fact that the cost of living in California is an embarrassment. I thought "affordable" good were sooooo important to help the poor.
Posted by AcetylCoA
Pasadena, California
Member since Nov 2009
2654 posts
Posted on 3/4/18 at 12:54 pm to
quote:


Why are people fleeing in record numbers?


Where do you idiots get this from? California will hit 40 million this year. The population is not declining. In fact it is increasing and the worst of the worst neighborhoods are gentrifying.
Posted by Montezuma
Member since Apr 2013
3629 posts
Posted on 3/4/18 at 12:55 pm to
quote:

And the dumb keeps coming


The shoe fit on that one
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69306 posts
Posted on 3/4/18 at 12:58 pm to
quote:

Where do you idiots get this from? California will hit 40 million this year. The population is not declining. In fact it is increasing and the worst of the worst neighborhoods are gentrifying.
LINK

quote:

Last year, California had 142,932 more residents exit to live in other states than arrive, according to an analysis of a new report from the U.S. Census Bureau, released Wednesday, Nov. 15. This “domestic net outmigration” was the second-largest outflow in the nation behind New York and just ahead of Illinois and New Jersey. And it was up 11 percent (13,699 net departures) vs. 2015.


You aren't adjusting for births. California is growing in population because hispanic women have a lot of kids, starting at age 18. People are not moving here from other states.

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.
This post was edited on 3/4/18 at 1:00 pm
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51630 posts
Posted on 3/4/18 at 1:01 pm to
The OT always 'educating' us about Cali are among my favorite threads
Posted by vegas-tiger
NV desert
Member since Dec 2003
2061 posts
Posted on 3/4/18 at 1:04 pm to
quote:

the state is projecting a $6.1 billion surplus for the next fiscal year, which begins July 1


Title is misleading.
Posted by Rebel
Graceland
Member since Jan 2005
131397 posts
Posted on 3/4/18 at 1:04 pm to
quote:

Where do you idiots get this from?


Us idiots get that information from EVERY NEWS SOURCE out there.
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