CA State Budget Passed – State’s demise imminent

[cr]

More worthless comments kewp, thanks for proving my point. Let me know when you grow up and want to have an adult discussion.

afx114,
Okay, so Clinton raised taxes and balanced the budget, but it was hardly economic success for all – dotcom? And what was unemployment when he did that, how were things when he left office? 1992 was hardly the economic environment facing CA today. You can’t balance a budget with borrowed money.

Aside from the differences in our state’s economy from the Federal gov’t, there are so many more pork spending programs in CA now that they are supporting a budget that was set during what should have been a massive surplus year in CA.

Instead of cutting back they keep spending and kick the debt can down the road.

That’s no solution. That’s like taking out a HELOC to pay off your previous mortgage, then claiming you paid your house off.

I wish you guys would look past the partisan lines.

This “balancing act” is dependent on the following:
– People continuing to spend and pay (higher) taxes at prerecession levels
– No companies going out of business or selling any fewer goods/services
– CA residents spending a NET $11 Billion on the lotto
– The taxable population maintaining it’s current level of employment, and in fact I’ll bet there’s wage growth calculated into their projected tax revenues

You really think that’s gonna happen?

[afx114]

[quote=cr]I wish you guys would look past the partisan lines. [/quote]

He asked for an example of where raising taxes helped the economy, and I gave it. I’m sorry you see that as partisan. I’m not so sure it’s even possible to be non-partisan when we’re debating two competing economic theories.

[afx114]

[quote=cr]I wish you guys would look past the partisan lines. [/quote]

He asked for an example of where raising taxes helped the economy, and I gave it. I’m sorry you see that as partisan. I’m not so sure it’s even possible to be non-partisan when we’re debating two competing economic theories.

[afx114]

[quote=cr]I wish you guys would look past the partisan lines. [/quote]

He asked for an example of where raising taxes helped the economy, and I gave it. I’m sorry you see that as partisan. I’m not so sure it’s even possible to be non-partisan when we’re debating two competing economic theories.

[afx114]

[quote=cr]I wish you guys would look past the partisan lines. [/quote]

He asked for an example of where raising taxes helped the economy, and I gave it. I’m sorry you see that as partisan. I’m not so sure it’s even possible to be non-partisan when we’re debating two competing economic theories.

[afx114]

[quote=cr]I wish you guys would look past the partisan lines. [/quote]

He asked for an example of where raising taxes helped the economy, and I gave it. I’m sorry you see that as partisan. I’m not so sure it’s even possible to be non-partisan when we’re debating two competing economic theories.

[cr]

Well, if that’s true that’s unfortunate. It also means your party affiliation determines your outlook regardless of its validity within current economic conditions. We can’t disassociate lower taxes w/ Republicans. So raise taxes, right?

Why? Because that’s what Democrats do? Or because they claim it will balance the budget? Of course the answer is the latter, but you can’t support that unless you can answer “yes” to the question in my last post.

There is a time to raise taxes. The worst economic crisis in state history is not it.

[cr]

Well, if that’s true that’s unfortunate. It also means your party affiliation determines your outlook regardless of its validity within current economic conditions. We can’t disassociate lower taxes w/ Republicans. So raise taxes, right?

Why? Because that’s what Democrats do? Or because they claim it will balance the budget? Of course the answer is the latter, but you can’t support that unless you can answer “yes” to the question in my last post.

There is a time to raise taxes. The worst economic crisis in state history is not it.

[cr]

Well, if that’s true that’s unfortunate. It also means your party affiliation determines your outlook regardless of its validity within current economic conditions. We can’t disassociate lower taxes w/ Republicans. So raise taxes, right?

Why? Because that’s what Democrats do? Or because they claim it will balance the budget? Of course the answer is the latter, but you can’t support that unless you can answer “yes” to the question in my last post.

There is a time to raise taxes. The worst economic crisis in state history is not it.

[cr]

Well, if that’s true that’s unfortunate. It also means your party affiliation determines your outlook regardless of its validity within current economic conditions. We can’t disassociate lower taxes w/ Republicans. So raise taxes, right?

Why? Because that’s what Democrats do? Or because they claim it will balance the budget? Of course the answer is the latter, but you can’t support that unless you can answer “yes” to the question in my last post.

There is a time to raise taxes. The worst economic crisis in state history is not it.

[cr]

Well, if that’s true that’s unfortunate. It also means your party affiliation determines your outlook regardless of its validity within current economic conditions. We can’t disassociate lower taxes w/ Republicans. So raise taxes, right?

Why? Because that’s what Democrats do? Or because they claim it will balance the budget? Of course the answer is the latter, but you can’t support that unless you can answer “yes” to the question in my last post.

There is a time to raise taxes. The worst economic crisis in state history is not it.

[kewp]

[quote=meadandale]
During the decade of the 90’s, the decade after I graduated college, jobs in my industry at the time were hard to come by and salaries were stagnant; I was paid the same in 1990 as I was paid in 1999.

So much for economic success.
[/quote]

That’s a healthy and sustainable job market. It also means inflation is in check.

[quote]
I’ve more than tripled my salary since 2000.
[/quote]

That’s an unsustainable economic bubble and textbook rampant inflation.

See the difference?

[kewp]

[quote=meadandale]
During the decade of the 90’s, the decade after I graduated college, jobs in my industry at the time were hard to come by and salaries were stagnant; I was paid the same in 1990 as I was paid in 1999.

So much for economic success.
[/quote]

That’s a healthy and sustainable job market. It also means inflation is in check.

[quote]
I’ve more than tripled my salary since 2000.
[/quote]

That’s an unsustainable economic bubble and textbook rampant inflation.

See the difference?

[kewp]

[quote=meadandale]
During the decade of the 90’s, the decade after I graduated college, jobs in my industry at the time were hard to come by and salaries were stagnant; I was paid the same in 1990 as I was paid in 1999.

So much for economic success.
[/quote]

That’s a healthy and sustainable job market. It also means inflation is in check.

[quote]
I’ve more than tripled my salary since 2000.
[/quote]

That’s an unsustainable economic bubble and textbook rampant inflation.

See the difference?

[kewp]

[quote=meadandale]
During the decade of the 90’s, the decade after I graduated college, jobs in my industry at the time were hard to come by and salaries were stagnant; I was paid the same in 1990 as I was paid in 1999.

So much for economic success.
[/quote]

That’s a healthy and sustainable job market. It also means inflation is in check.

[quote]
I’ve more than tripled my salary since 2000.
[/quote]

That’s an unsustainable economic bubble and textbook rampant inflation.

See the difference?

[Author]

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