CA votes no to raising taxes

What a mess california is in, but it's a mess of their own making.

This is the same as what BO is busy doing on the national level, spending money we don't have on things we don't need.

This is what people need to understand. California today is exactly what the US will be in a few years under this and the last administration's spending policies.

Bottom line, you CANNOT have even the most meagre level of social services once the money runs out and the Chinese refuse to let you have anymore.
 
Sound fiscal policies wouldn't have put them in the position. Seems the voters are starting to realize that. Time to cut spending, eh?

How about you provide a line by line of the CA state budget on what you'd propose to cut. I'm sure we could find some agreement, but I doubt it'll total $21B.
The state of Ca. is run by a bunch of liberal democrats...some ultra liberal...especially in the Bay area. They have been spending for years....the state income tax is one of the 2 highest in the nation...just how much more can the state tax its people? There comes a time where you just say we can't afford it right now. The dems just haven't reached that point. They are a very progressive state, but "progressive" is a very costly word. It no longer is a business friendly state, and businesses are moving out along with savy people...me being one.
The state unions are very powerful and are very demanding..but, the democratic politicians are in there back pocket. This mess is going to take a decade to solve, if they start tomorrow...but that ain't going to happen. There will need to be cuts across the board....for the most part. Make no mistake this is a very blue state, and that's not going to change anytime soon. The libs got them into this mess, and they aren't smart enough to do the right thing to get them out of this mess. There is no excuse for the democrats in the state of California

This is what will happen at the national level, too. You tax people, especially the wealthy, and they WILL leave and leave in DROVES. The brain drain in California is at a fever pitch now as even the young and educated leave for better jobs and tax levies in Nevada, Idaho, the Midwest... And business is leaving as well, especially tech. When has California landed a major new business investment? Not in over 20 years...

California is the classic example of what a socialistic, welfare state will look like on a national scale. The really wealthy will simply relocate to some Pacific Rim haven or Costa Rica, and so will many businesses.

And the main culprit are union pension plans. They are economic dinosaurs, designed for a populace and a time in history where workers usually did not live long enough collect in any sizeable number.
 
What a mess california is in, but it's a mess of their own making.

This is the same as what BO is busy doing on the national level, spending money we don't have on things we don't need.

This is what people need to understand. California today is exactly what the US will be in a few years under this and the last administration's spending policies.

Bottom line, you CANNOT have even the most meagre level of social services once the money runs out and the Chinese refuse to let you have anymore.

AND....you cant take care of 5-8 million people who dont pay into the system.....
 

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