CDZ IL or CA and Why

Discussion in 'Clean Debate Zone' started by william the wie, Jan 2, 2018.

?

CA or IL

  1. CA

    2 vote(s)
    28.6%
  2. IL

    5 vote(s)
    71.4%
  3. Five states go under

    1 vote(s)
    14.3%
  4. fifteen go under

    0 vote(s)
    0.0%
Multiple votes are allowed.
  1. miketx
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    miketx Diamond Member

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    And here folks is the regressive mentality shown for what it is. Who in the hell says we will bail them out?
     
  2. miketx
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    miketx Diamond Member

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    Then it's good didn't get one.
     
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  3. william the wie
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    william the wie Gold Member

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    If SALT driven migration even hits the low end of the probable range, double digit GDP growth rates are going to be seen. Since about one year after the meltdown when the condo surplus was absorbed housing prices in north FL have taken off and are close to double what they were at the peak of the bubble mostly through flipping. New construction is going to be expensive because and even remodels from one story to two is going to become difficult.
     
  4. task0778
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    task0778 Gold Member Supporting Member

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    Double digit GDP growth rates? Whoa dude, not many people are that optimistic.
     
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  5. william the wie
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    william the wie Gold Member

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    Whether that is optimistic or not depends on where you live.

    Mortgage deduction: $750,000

    SALT deduction $10,000

    In most of the blue states that translates into @ 10% almost immediate decline in home values and an 11% drop in aftertax income to boot (FBC was the only non-psychotic source I could find. MSM anchors are looking at huge income and wealth drops.) DC, CA, Chicago and NYC are looking at much bigger drops. The bureaucracy and congress are in deep trouble if they live within commuting distance of the capital. The swamp will self drain to a huge extent just because of the tax bill. That's more than 100 million people seeking tax shelter or more than 30 million houses being built not to mention that high income financial people are going to lead the charge to greener pastures.
     
  6. danielpalos
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    danielpalos Platinum Member

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    Increasing the Peoples' debt also doesn't make pension fund payments.
     
  7. miketx
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    miketx Diamond Member

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    Jughead increased it to the tune of 19 trillion.
     
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  8. danielpalos
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    danielpalos Platinum Member

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    The right wing likes to blame the left.
     
  9. william the wie
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    william the wie Gold Member

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    After 8 years of a commie crook from Chicago trying to replace him with his ideological clone you elected Trump, does that make you feel proud or what?
     
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  10. 2aguy
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    2aguy Diamond Member

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    Hey...you can't bad mouth Illinois....we are the leading state for people leaving the state......now that is something the democrats should brag about.....pretty soon we are going to have a major public works project too.....the Illinois democrats are going to build a wall around the state to keep people from leaving....
     
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