[quote=sdrealtor][quote=EconProf]sdr, one additional point. You often accuse me of ungratefully criticizing SD, the place where I made my money. When I came to San Diego and invested there, it was indeed the golden state: two-party government, reasonable taxes and regulations, good schools, etc. Now I’m supposed to feel guilty because I see better opportunities elsewhere? I fully appreciate the advantages of San Diego, especially for the uber-rich. But for an increasing number of people, the exodus from CA is real, and I expect it will eventually happen in San Diego, which, as you have pointed out, is benefiting from people fleeing the LA and Bay area.[/quote]
Straw man. Never said you should feel guilty about leaving.
CA gave you what you have. No need to throw it under the bus.
Be grateful for what this wonderful state gave you. Respect the greatness it represents. Better opportunities? lol! Go and enjoy your life with your family.[/quote]
I think I might have said you should feel guilty.
You benefit from a state and a gubmint jerb that makes you millions, then paying a few percent back a year just on your income is unbearable. Kinda like taking the money and running.
Even if this time is Carter esque, Carter lasted like 3.7 years. Then the glory days of Reagan deficit spending came, plus Iran Contra funding and atlrggggghhhh…
3.7 years of Carter less once you consider w campaigning a and lame sickness, the term is over almost as soon as it starts., And the beginning of a term carries in on the wave of the predecessor. So really your complaining about ford, or the first few years of Reagan’s term. That’s a microscopic timespan for an investor.
But economic history does not repeat itself that precisely anyway , and if you really believed this is Carter redux you’d be all in on gold, which went up 600 percent in 4 years. Are you? No, you are not. Maybe you have 7.5 perc gold in your portfolio, max. So no, you do not even really believe this is
Carter part 2.
Instead you believe we are doomed because Biden is president. Jesus. I need to move to the people’s republic of urlington … Or get off the internet ….
I feel like an idiotic idealistic college student arguing with a smirky old professor. I need to not be this way.
