Last night on the news, Gov. Arnold said this needs to get fixed once and for all. The Democrats say we don't need anyone threatening us. The state is controlled by the democrats. Gov. Arnold said the state will write IOU's on July 28th I believe he said. He also said the will not borrow any money to solve the problem in the short term. There are people talking about the state going bankrupt as well. The Fed has been paying the states unemployment benefits from Jan or February of this year, because the state is broke. The state could default on it's bonds. This will be very interesting to see what happens.
The Gov. wants cuts to be made, the democrats don't want to make cuts, but instead increase taxes, and other avenues. If they cut programs from the budget you will have a lot of people that could be looking for work. If they don't agree then a lot of people will not get paid. It will have a big impact with a state that is already struggling to hold on. My work the last week has been slower then normal.
They have the 6th largest economy in the world, theyll make it you could always raise taxes on movie stars
california is tough right now. the housing market (though has made a slight increase in the last 6 months) is in the pits compared to what it was a few years ago. tons of my friends are getting laid off left and right. my hours have gotten cut down about 40% but it's so bad that i'm basically better off trying to ride it out unless i want to move to silicon valley. my mom (an optometrist) had her hours cut in half. my stepfather got transfered to socal. it's really bad
This is bad. Can you believe the friggin democrats? This really is why, I can never ever get behind that party. how can you, in a time of such dire straits not think about decreasing spending? While we're in distress what is our democratic controlled govt. doing? http://www3.signonsandiego.com/stor...-what-crisis-061109/?california&zIndex=114798
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Feel bad for the folks out in California. They've got to get back to reality out there and quit voting for every feel good program that comes along.
Crime is about to skyrocket there. I was planning a trip to LA/Vegas and that has been cut down to only Vegas.
Was listening to some noon time NPR show yesterday and they were talking about this. The host was speaking with some writer from the Sacramento Bee. The host came from the position that the public just couldn't have understood what they were doing. She kept bringing up "but healthy summer meals for school age children will be cut!!" - "home health aides for the elderly will be cut!! - - these people just can't understand what they're doing!" [I'm paraphrasing there]. She was shocked with the writer told her that, "well, right now there's a pretty low opinion of the government's ability to do anything efficiently - too much waste is the general belief". I just shake my head at this do-good attitude. They don't understand that people are tired of paying for all this stuff that government doesn't have any business taking care of.
http://www.edd.ca.gov/About_EDD/pdf/urate200906.pdf California unemployment rate for last month jumped a half percent, and now stands at 11.5%
That is the crux of the matter.California is always leading the way in social experiments .Like Hollywood movies some work out ,and some that are based on Wizard of Oz mentality become costly busts.The victim are the voters pocketbooks. When you make bad decisions in a business you go broke .California needs to terminate the bad decisions.Voters need to elect better politicians . Arnold did not create the mess .Its obvious that spending has to be cut and californians need to tighten their belts .Raising taxes will only aggravate the situation .
http://www.nctimes.com/articles/2009/06/20/business/zf9c167c0dbe5ce37882575da005899b0.txt California has lost 885,000 jobs since May 2008, when the unemployment rate was 6.8 percent.
throw out a couple million illegals and there would be a couple million jobs, keep them out and the jobs would become better paying.
I wish I could thank you a million times, 1 time for each illegal we would throw out...................hey maybe the board would consider a super thanks!!!!
It's hard for me to feel very sorry for California as a whole. It's like feeling sorry for someone who disabled himself when driving drunk for the umpteenth time. Or the adult fooling around with a gun and accidentally shooting himself. That being said, my state, per capita, is more in debt than California. Had our governor only increased spending by 20% instead of 33% during her first term then we'd still be in the black. Are there any states with fiscally conservative governments that are really hurting at the moment? I've heard that Texas, for example, created more new jobs that the other 49 states combined. What can that be attributed to?
I have an article about that in my bag at work, will see if I can find a link for it, but it was very interesting. Basically the gist was lower taxes, more money stays in the state due to companies staying, relocating to, then paying more salaries and also higher salaries. Before I moved to the US I had never had to pay income taxes, and my standard of living is probably not as good as it was back home. In my mind, being that it is July 4th weekend, it is ironic that the US threw out the Brits due to paying taxes to some 'King" somewhere else, and yet today it feels that we still are, except that 'king' lives in State Capitals and DC.
Ca tried that Marty, with prop 187, the a federal judge threw out the amendment, basically the Feds refuse to enforce their own laws, yet they also refuse to allow anyone else to take action on behalf of the Citizens of a State.
Well lets start with the fact that raising taxes is almost impossible there thanks to a Proposition that states that you need 2/3s vote to do so. So basically Californians want their cake and but dont want to pay for it.
California Democrats want their cake. FinSane. They weren't smart enough to realize that sooner or later someone has to pay for all this feel good stuff they vote for. If we can get a constitutional amendment saying any programs in the future can only be implemented up to the extent there is funding, I'd be cool with that.
Personally I dont have a problem paying taxes as long as I get adequate services in return. The problem with Californians is they want all these good intentioned programs and laws but didnt want to pay for them. The only way California can get moving forward again is putting in place a "pay as you go" system. In the meantime, they may have to slash subsidies, government jobs, and programs to get there.
Curious. Either a minority of us can be hurting (states with lowest taxes and least amount of social programs) or a majority of us can be hurting (states with higher taxes and more social programs). I wonder if those who were hurting before the recession feel better now that more of us are hurting? If so, then apparently "feel good" politics work ... for some. In all honesty, does the recession affect people "on the dole"? Does the recession change the amount of their subsidies at all? It could be that they feel richer because, if their incomes haven't diminished at all, compared to the rest of us who have lost income, they are.
Not really, the South with has historically low taxes, are hurting just as much. Florida, South Carolina, Louisiana to name a few. Were all hurt collectively, blue state, red state, low taxes, high taxes.
being from california and moving away because i saw the writing on the wall. california has the one of the lowest percentage of native residents than most. most of the people that have moved there have heard rumors of free and easy living and now they feel like california owes them a living. when i was a kid we used to have block parties on holidays, used to party at others houses. now, a person most likely doesn't even know their neighbors first name. ME is the most important thing in california.
No seriously though. I don't want to say what the problem is but it's blatantly obvious. It could be fixed but people's feelings would certainly be hurt.
It's a number of things. And everyone is to blame. Everyone wants to spend, including Pubs. Now that things are rough, Dems don't want to cut. California is a shining example of how Democracy is bad.
