william the wie
Gold Member
- Nov 18, 2009
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Insurance money means that many more people can afford to get out of there than in a normal year and I wonder if that is what is going to happen.
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Insurance money means that many more people can afford to get out of there than in a normal year and I wonder if that is what is going to happen.
You are right at many points but you are confusing the environmental symptoms with the fiscal disease. Sacramento is surviving on the government equivalent of payday loans.
You are right at many points but you are confusing the environmental symptoms with the fiscal disease. Sacramento is surviving on the government equivalent of payday loans.
That may be true but I see them as partially related.
Consider we can chose to build a business park in St Louis on land in the flood plain which we will have to pay to keep out of the river for eternity.
Or, we can just let it get built on higher ground 5 miles away and the infrastructure will be as cheap to maintain as anyplace in the world.
You are right at many points but you are confusing the environmental symptoms with the fiscal disease. Sacramento is surviving on the government equivalent of payday loans.
That may be true but I see them as partially related.
Consider we can chose to build a business park in St Louis on land in the flood plain which we will have to pay to keep out of the river for eternity.
Or, we can just let it get built on higher ground 5 miles away and the infrastructure will be as cheap to maintain as anyplace in the world.
CA cannot do the equivalent. For more than 150 years the state has been doubling down on dumb. To take the most obvious example, the state capital, Sacramento is built on a flood plain. The flood plain persists because CA is a rice exporting state. That goes back to the Gold Rush and illegal Chinese coolie immigrants being smuggled in to help relieve the labor shortage in the gold fields. It has been that dysfunctional for that long.