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Texas Better Be Careful

HFNYHFNY Member Posts: 4,525
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Or they'll end up with fools like Jay Inslee and Mayor (alleged) Molester:

https://city-journal.org/html/lone-star-lilliput-15198.html
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    TierbsHsotBoobsTierbsHsotBoobs Member Posts: 39,680
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    HFNY said:

    Or they'll end up with fools like Jay Inslee and Mayor (alleged) Molester:

    https://city-journal.org/html/lone-star-lilliput-15198.html

    I stopped reading here:

    a condition that has contributed substantially to California’s economic decline
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    HFNYHFNY Member Posts: 4,525
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    Tech is booming, stock market is making records, and unemployment is at a 10 year low but they are running a deficit again. The public sector unions run CA and they are screwed when the next recession comes because it won't get any better:

    image
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    HFNYHFNY Member Posts: 4,525
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    California relies heavily on income taxes and capital gains taxes to fund their existing government and their pensioners. An increasing amount of baby-boomer paper pushers are retiring, putting further strain on their budgets.

    In other words, they have virtually no margin for error yet they are projecting a deficit when the economy is supposed to be at or near peak performance.
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    SledogSledog Member Posts: 30,923
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    HFNY said:

    California relies heavily on income taxes and capital gains taxes to fund their existing government and their pensioners. An increasing amount of baby-boomer paper pushers are retiring, putting further strain on their budgets.

    In other words, they have virtually no margin for error yet they are projecting a deficit when the economy is supposed to be at or near peak performance.

    Kali is paying billions for the train to nowhere. Billions on illegals which now includes attorney fees to fight deportation. Welfare up the kazoo and more stupid liberal bullshit than you can shake Dflea's teeny little dick at.
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    BearsWiinBearsWiin Member Posts: 4,947
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    Always entertaining to read the NW contingent portending DOOM for California. The graphics used here are outdated by four months. Might want to update things. Sure, there are problems, but we'll be fine, thanks. If it pisses off Dems for not spending enough and Reps for spending too much, then it's likely in the ballpark of where it should be.

    http://www.mercurynews.com/2017/05/11/jerry-brown-unveils-new-state-budget-proposal-thursday/
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    LoneStarDawgLoneStarDawg Member, Swaye's Wigwam Posts: 13,122
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    Pension crisis ongoing in Dallas, fire/police obligations seem unsustainable, which is great for a city with serious racial and class tension.
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    TierbsHsotBoobsTierbsHsotBoobs Member Posts: 39,680
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    HFNY said:

    California relies heavily on income taxes and capital gains taxes to fund their existing government and their pensioners. An increasing amount of baby-boomer paper pushers are retiring, putting further strain on their budgets.

    In other words, they have virtually no margin for error yet they are projecting a deficit when the economy is supposed to be at or near peak performance.

    So you agree their economy is at peak performance.

    Why did you link that stupid article?
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    doogiedoogie Member Posts: 15,072
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    Personal and corporate income taxes and sales taxes have all fallen short of budget projections, said Michael Cohen, Brown's finance director. California relies disproportionately on capital gains tax revenue, meaning the state is unusually dependent on the performance of the stock market

    *snicker



    https://www.google.com/amp/thehill.com/homenews/state-watch/313579-california-faces-budget-gap-amid-uncertainty-over-obamacare?amp
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    TierbsHsotBoobsTierbsHsotBoobs Member Posts: 39,680
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    doogie said:

    Personal and corporate income taxes and sales taxes have all fallen short of budget projections, said Michael Cohen, Brown's finance director. California relies disproportionately on capital gains tax revenue, meaning the state is unusually dependent on the performance of the stock market

    *snicker



    https://www.google.com/amp/thehill.com/homenews/state-watch/313579-california-faces-budget-gap-amid-uncertainty-over-obamacare?amp

    Great link from January 10th as always.

    California does have a budget shortfall, but it's not massive.
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    BearsWiinBearsWiin Member Posts: 4,947
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    doogie said:

    Personal and corporate income taxes and sales taxes have all fallen short of budget projections, said Michael Cohen, Brown's finance director. California relies disproportionately on capital gains tax revenue, meaning the state is unusually dependent on the performance of the stock market

    *snicker



    https://www.google.com/amp/thehill.com/homenews/state-watch/313579-california-faces-budget-gap-amid-uncertainty-over-obamacare?amp

    Great link from January 10th as always.

    California does have a budget shortfall, but it's not massive.
    Christ. It's almost as if some people on this bored don't even fucking read.
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    AZDuckAZDuck Member Posts: 15,381
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    BearsWiin said:

    doogie said:

    Personal and corporate income taxes and sales taxes have all fallen short of budget projections, said Michael Cohen, Brown's finance director. California relies disproportionately on capital gains tax revenue, meaning the state is unusually dependent on the performance of the stock market

    *snicker



    https://www.google.com/amp/thehill.com/homenews/state-watch/313579-california-faces-budget-gap-amid-uncertainty-over-obamacare?amp

    Great link from January 10th as always.

    California does have a budget shortfall, but it's not massive.
    Christ. It's almost as if some people on this bored don't can't even fucking read.
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    BearsWiinBearsWiin Member Posts: 4,947
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    AZDuck said:

    BearsWiin said:

    doogie said:

    Personal and corporate income taxes and sales taxes have all fallen short of budget projections, said Michael Cohen, Brown's finance director. California relies disproportionately on capital gains tax revenue, meaning the state is unusually dependent on the performance of the stock market

    *snicker



    https://www.google.com/amp/thehill.com/homenews/state-watch/313579-california-faces-budget-gap-amid-uncertainty-over-obamacare?amp

    Great link from January 10th as always.

    California does have a budget shortfall, but it's not massive.
    Christ. It's almost as if some people on this bored don't can't even fucking read.
    It's worse when you can, and don't, than if you can't in the first place.
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    dfleadflea Member Posts: 7,221
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    Swaye said:

    Sledog said:

    HFNY said:

    California relies heavily on income taxes and capital gains taxes to fund their existing government and their pensioners. An increasing amount of baby-boomer paper pushers are retiring, putting further strain on their budgets.

    In other words, they have virtually no margin for error yet they are projecting a deficit when the economy is supposed to be at or near peak performance.

    Kali is paying billions for the train to nowhere. Billions on illegals which now includes attorney fees to fight deportation. Welfare up the kazoo and more stupid liberal bullshit than you can shake Dflea's teeny little dick at.
    I have it on good authority @Dflea has a huge porn star dong. A fish told me, which was weird, but I also talk to horses, so whatever.
    All true.
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    TierbsHsotBoobsTierbsHsotBoobs Member Posts: 39,680
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    We? are doing fine. Thanks for caring

    When Race and I agree, the case is closed.
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