California Economy

you are describing a political issue, or what has become a pol. issue. when you say they...what portion of the cali pop. works for a muni or state union?

Are you being this stupid intentionally? What do govt employees have to do with this? It sounds like you're desperate to find a red herring

When the voters in CA vote to create a new program, but vote against paying for it, it is also an economic issue.

I thought the issue was unions pensions liabilities etc. and for the record we do purchase these servcies/goods as a consumer.

when I go into a DMV I am serviced by an employee paid to help me, which has a cost, that is a good rendered and a service I pay for, its all part of the business, just because its a gov. bus. means squat. Their pay benes etc. come off the bottom line as an operational expense whether they serve as a profit base or not.

did you wipe your chin btw?

Are you being intentionally dumb? WHy in the world would you think the issue was unions, pensions, etc?

And why are you blathering on about how govt services are paid for as if you came up with some sort of breakthrough? Every thinking person knows this.
 
i know that why I said what I said....:eusa_eh:needlessly? so everything is hunky dory? so my readjusted 250 billion is no good either? okay, do you have a number? or is this all a about nothing?

I'm not sure what the number should be. But I know its not $500 billion.

thats cool. hell I'll drop down to 200 billion.I don't think for today it gives us much pause. somehting has to change.

as i said I'll accept the worse case and then hack 50%...if you think that the study studies are off by 75% or more, well, I don't know what to say.

I do know that as a member of UC pension plan and UC union member , I have witnessed union bargaining meetings listened closely to the arguments we make amongst ourselves, and as a person not generally favorable to unions anyway, and have no wish to defend them, from the inside so to speak, I can tell you, they think we are in trouble. BIG trouble.

Pension plans are an issue around the country. Many jurisdictions will be in trouble over the next 5-10 years. There needs to be reform.

agreed.

here? I don't think have 5 years imho. the 'public 'sector' has become just like any other bus. expanse requiring more dollars than it generates in fees etc. ( fes keep gping up) so the whirligig starts, more money for more 'services' that requires more money....we don't work for them they work for us, we all must decide that longer lines at the dmv are whats in the future and bite the bullet etc etc etc..fine by me.

just as an aside they/we recently signed a new contract; when I retire I was guaranteed zero medical costs when I was hired and after a 5 year vest, now I am on the hook for 20% and thats because I was grandfathered in......... it was ridiculous to start with 100%??.
Oh and I will have to contribute 2% of my pay a year to my pension plan, BUT I got a 5% contract raise locked in for the next 4 years.......whoa is me. ;)...unreal man.

"hell I'll drop down to 200 billion."

Wingnuts think eco projections are subject to negotiations. He'll drop in down to 200B even though he has no idea what the # should be
 
The moron Sangha continues to confirm his economic and historical illiteracy.

The facts about CA are that despite strong increases in tax receipts, spending and the growth in the numbers of public employees have outpaced inflation and population growth.

Every picture tells a story:

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reason.org/files/​a2ec7caccc5d660e870c4a21526ef5f8.pdf

The wingnut STILL has NO EXPLANATION for why a state like CA with high taxes, highly regulated business, strong unions, and lots of govt spending is growing faster than TX
 
does congress have the political will? who does? just saying you think we can pay? at what price?

Like I said, it is a choice. Taxes can be much higher to pay for all the stuff the lawmakers whom the people elect pass. Californians can pay but they choose not to.

Isn't this a question of the chicken or the egg coming first?

It seems Californians can, and DO pay higher taxes, but then receive public services that are much more costly than what they anticipated.

Based on the number of CA neighbors we have in Boulder CO, it appears that the easier solution to ever increasing taxation is to simply move from CA.
 
does congress have the political will? who does? just saying you think we can pay? at what price?

Like I said, it is a choice. Taxes can be much higher to pay for all the stuff the lawmakers whom the people elect pass. Californians can pay but they choose not to.

Isn't this a question of the chicken or the egg coming first?

It seems Californians can, and DO pay higher taxes, but then receive public services that are much more costly than what they anticipated.

Based on the number of CA neighbors we have in Boulder CO, it appears that the easier solution to ever increasing taxation is to simply move from CA.

Proof that this idiot wingnut hasn't read what's already been posted because he clings to the wingnut myth that CA is high tax state. From an earlier post

The best study of state and local tax burdens comes from the venerable Tax Foundation, an independent non-profit that’s been acting as a taxpayers’ watchdog in Washington since 1937. The Tax Foundation is non-partisan, but by the nature of what it does it leans politically to the right.

According to them, as of 2008 (the most recent year analyzed) state and local taxes in the average state came to about 9.7% of the annual state economy.

What was it in crazy, liberal, communistical, socialistical, un-American, soviet-style California?

Er, 10.5%.

That’s right. The burden was all of 0.8 percentage points higher than the average. ...
In the late 1990s, when California was riding high, it was...10.6%. Thirty years ago, when even Meg Whitman thought it was a wonderful place to work, start a family, and hire an illegal immigrant to raise your kids, it was...10.1%. ...
 
Wow......has TX become the bellweather for other US states?

The only difference is the one I saw in the OP with CA per capita income growth (before taxes?) equal to 0.1% over TX.
 
The moron Sangha continues to display his lack of cognitive ability.

CA has out migration, the population growth over the past decade is 9%.

TX has in migration, the population growth over the past decade is 12%.

Per capita stats are affected by changes in population. As TX receives more and more businesses, it future growth prospects are stronger than CA's, as the latter continues to sink under excessive government spending and public employee pension liabilities.

U.S. Population by State, 1790 to 2009 — Infoplease.com
 
Wow......has TX become the bellweather for other US states?

The only difference is the one I saw in the OP with CA per capita income growth (before taxes?) equal to 0.1% over TX.

Toro did more than just post the OP. He has made numerous posts about the topic which contain a great deal of useful info. If you weren't such a brain dead wingnut, you might learn something if you read the thread.

Other posts have detailed numerous differences between CA and TX. You would know that if you had read the thread
 
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The moron Sangha continues to display his lack of cognitive ability.

CA has out migration, the population growth over the past decade is 9%.

TX has in migration, the population growth over the past decade is 12%.

Per capita stats are affected by changes in population. As TX receives more and more businesses, it future growth prospects are stronger than CA's, as the latter continues to sink under excessive government spending and public employee pension liabilities.

U.S. Population by State, 1790 to 2009 — Infoplease.com

And the wingnut still can't explain why CA growth is greater than TX's despite it's high taxes and spending, it's unions and it's business regulations :lol::lol::lol:
 
Already explained over and over again moron.

High tech (likely including foreign subs), Real Estate Bubble, Health Care, and Government spending fueled a great deal of CA's results.

The latter three are not sustainable areas for future growth.

Something you clearly can't grok.
 
Already explained over and over again moron.

High tech (likely including foreign subs), Real Estate Bubble, Health Care, and Government spending fueled a great deal of CA's results.

The latter three are not sustainable areas for future growth.

Something you clearly can't grok.

Why didn't all those hi tech, real estate, health care businesses move to TX? Why were they in CA at all? I thought CA's high taxes discouraged business, so why are these successful businesses located in CA? Do they LIKE paying high taxes?

And what about govt spending? I thought wingnuts said it was BAD for economic growth. Now you're arguing that govt spending was GOOD for economic growth
 
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Already explained over and over again moron.

High tech (likely including foreign subs), Real Estate Bubble, Health Care, and Government spending fueled a great deal of CA's results.

The latter three are not sustainable areas for future growth.

Something you clearly can't grok.


You must be addresing the very sad, and lonely example of one of the last defenders of socialism, the always pitiful, sangha.

You will never convince him that both Sweden and California are examples of failed socialist agenda and produce low quality built-it-yourself furniture.
 
The high tech businesses started in an era when CA had a favorable business climate. Now, the largest ones are moving operations out of the state.

I wouldn't expect a lover of Swedish Socialism such as sanghaha to grok this.
 
The high tech businesses started in an era when CA had a favorable business climate. Now, the largest ones are moving operations out of the state.

I wouldn't expect a lover of Swedish Socialism such as sanghaha to grok this.

Oracle should move to Casper, WY.:eusa_angel:
 
Oracle is a highly distributed organization. A lot of functions have been moved out of the SF Bay Area. The majority of Oracle's employees work remotely and outside of CA, yet its income is counted as part of the CA industrial base.

They probably already have folks in Casper.
 
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The high tech businesses started in an era when CA had a favorable business climate. Now, the largest ones are moving operations out of the state.

I wouldn't expect a lover of Swedish Socialism such as sanghaha to grok this.

Favorable business climate? But you just criticized CA for being hostile to businesses with it's high taxes, growing unions, lots of business regulations, etc. All of a sudden high taxes, growing unions, and lots of business regulations = a favorable business climate

You're talking out of both sides of your mouth.

And because you're so dishonest, you have to add to your lies with another lie about businesses moving out of state, as if that means anything of significance.

If so many business are moving out of CA, why is CA (with its' high taxes, growing unions, lots of business regulations) growing faster than TX?

You STILL won't man up and explain this. I guess you must be pretty embarrassed at how the liberal, high tax, unionized, big spending, business regulating Californians are outshining those incompetent boobs in rightwing TX:lol::lol:
 
Oracle is a highly distributed organization. A lot of functions have been moved out of the SF Bay Area. The majority of Oracle's employees work remotely and outside of CA, yet its income is counted as part of the CA industrial base.

Well, apparently not enough functions have moved to WY.:tongue:

Just sayin'
 
You wouldn't be happy in LarryLand, Sammy.

Trust moi.
 
Already explained over and over again moron.

High tech (likely including foreign subs), Real Estate Bubble, Health Care, and Government spending fueled a great deal of CA's results.

The latter three are not sustainable areas for future growth.

Something you clearly can't grok.


You must be addresing the very sad, and lonely example of one of the last defenders of socialism, the always pitiful, sangha.

You will never convince him that both Sweden and California are examples of failed socialist agenda and produce low quality built-it-yourself furniture.

Samson ashamed at the way I revealed his ignorance. The moron kept asking questions that had already been answered because the wingnut is too lazy to read (and unable to understand what he's read)
 
My Thanksgiving Present to Myself:

sangha said:
This message is hidden because sangha is on your ignore list.
 

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