California’s economic situation!

That's right we do have a surplus which is great. But when you talk about our economic situation that pales in comparison to over $100 billion in unfunded liabilities we face.

California's revenue depends heavily on higher earners and the stock market doing well and both are happening right now. However a downturn is coming and California will be hit hard. To Brown's credit he wants to put the money in a rainy day fund while the state Congress wants to spend it.
 
Actually Jerry's real legacy will be tied to high speed rail and if it ever gets completed
 
You can spot Brad's most desperate threads by the number of exclamation points he uses.

What Brad "forgot" to tell you about his "good news": "Buoyed by tax increases passed under his administration".

California is insolvent.

The state pension system, once more than 100 percent funded, now has scarcely two-thirds of what it would need to fully cover all of the pension promises to current and future retirees – and that assumes it will hit an investment earnings target (7 percent per year) that many authorities criticize as being too optimistic.

http://www.fresnobee.com/news/politics-government/politics-columns-blogs/political-notebook/article201110674.html

California leads the nation in poverty and income inequality.

One in five Californians live in poverty, according to the U.S. Census Bureau. Using the Supplemental Poverty Measure, which accounts for regional cost-of-living, the average poverty rate in California is 20.4 percent, the highest among the states.

https://www.ocregister.com/2017/09/25/california-leads-the-nation-in-poverty/

BTW, Brad, how's that media blitz and regulatory complaint campaign you said you were conducting?
 
Legion said:
You can spot Brad's most desperate threads by the number of exclamation points he uses.

What Brad "forgot" to tell you about his "good news": "Buoyed by tax increases passed under his administration".

California is insolvent.

The state pension system, once more than 100 percent funded, now has scarcely two-thirds of what it would need to fully cover all of the pension promises to current and future retirees – and that assumes it will hit an investment earnings target (7 percent per year) that many authorities criticize as being too optimistic.

http://www.fresnobee.com/news/politics-government/politics-columns-blogs/political-notebook/article201110674.html

California leads the nation in poverty and income inequality.

One in five Californians live in poverty, according to the U.S. Census Bureau. Using the Supplemental Poverty Measure, which accounts for regional cost-of-living, the average poverty rate in California is 20.4 percent, the highest among the states.

https://www.ocregister.com/2017/09/25/california-leads-the-nation-in-poverty/

BTW, Brad, how's that media blitz and regulatory complaint campaign you said you were conducting?
Click to expand...


You would think people would be flocking to the state rather than leaving. Odd
 
Legion said:
You can spot Brad's most desperate threads by the number of exclamation points he uses.

What Brad "forgot" to tell you about his "good news": "Buoyed by tax increases passed under his administration".

California is insolvent.

The state pension system, once more than 100 percent funded, now has scarcely two-thirds of what it would need to fully cover all of the pension promises to current and future retirees – and that assumes it will hit an investment earnings target (7 percent per year) that many authorities criticize as being too optimistic.

http://www.fresnobee.com/news/politics-government/politics-columns-blogs/political-notebook/article201110674.html

California leads the nation in poverty and income inequality.

One in five Californians live in poverty, according to the U.S. Census Bureau. Using the Supplemental Poverty Measure, which accounts for regional cost-of-living, the average poverty rate in California is 20.4 percent, the highest among the states.

https://www.ocregister.com/2017/09/25/california-leads-the-nation-in-poverty/

BTW, Brad, how's that media blitz and regulatory complaint campaign you said you were conducting?
Click to expand...

Funny, I thought the Trumplican line Was that tax increases do not bring in more money.
 
Brad said:
Funny, I thought the Trumplican line Was that tax increases do not bring in more money.
Click to expand...

You did? You told you that?

Nothing to say about the insolvency of the state government, Brad?

Nothing to say about the poverty rate and income inequality, Brad?

BTW, how's that media blitz and regulatory complaint campaign you said you were conducting on behalf of your wife?
 
Yeah, that's great. But I have the same questions for brown that I had for clinton and HIS "surplus".
1) How are you going to spend it?
2) Does anyone understand the concept of a balanced budget? If you have a surplus OR a deficit, you don't have a balanced budget
3) He's not really attracting new high end taxpayers to the state, if he spends his "surplus", how is he going to replenish it?
4) http://freebeacon.com/politics/voter-anger-gas-tax-hike-california-fueled-coxs-rise/

You should move out there, Jarod. You could be a porn star lawyer
 
Legion said:
You can spot Brad's most desperate threads by the number of exclamation points he uses.

What Brad "forgot" to tell you about his "good news": "Buoyed by tax increases passed under his administration".

California is insolvent.

The state pension system, once more than 100 percent funded, now has scarcely two-thirds of what it would need to fully cover all of the pension promises to current and future retirees – and that assumes it will hit an investment earnings target (7 percent per year) that many authorities criticize as being too optimistic.

http://www.fresnobee.com/news/politics-government/politics-columns-blogs/political-notebook/article201110674.html

California leads the nation in poverty and income inequality.

One in five Californians live in poverty, according to the U.S. Census Bureau. Using the Supplemental Poverty Measure, which accounts for regional cost-of-living, the average poverty rate in California is 20.4 percent, the highest among the states.

https://www.ocregister.com/2017/09/25/california-leads-the-nation-in-poverty/

BTW, Brad, how's that media blitz and regulatory complaint campaign you said you were conducting?
Click to expand...


You do love to be stupid
 
callinectes said:
Yeah, that's great. But I have the same questions for brown that I had for clinton and HIS "surplus".
1) How are you going to spend it?
2) Does anyone understand the concept of a balanced budget? If you have a surplus OR a deficit, you don't have a balanced budget
3) He's not really attracting new high end taxpayers to the state, if he spends his "surplus", how is he going to replenish it?
4) http://freebeacon.com/politics/voter-anger-gas-tax-hike-california-fueled-coxs-rise/

You should move out there, Jarod. You could be a porn star lawyer
Click to expand...

Not his area of practice.
 
I Love America said:
who told you that Jarod?

It would seem that simplistic thinkers think along the lines that you are thinking
Click to expand...

I'm waiting to see some results of the media blitz and regulatory complaint campaign Brad said he was conducting on behalf of his wife. So far, nothing.

Maybe he took her to a faith healer. :dunno:
 
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