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Home › Forums › Financial Markets/Economics › california Budget deal, Kicking the can at counties and down the road

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  • July 21, 2009 at 1:15 PM #435160
    patb
    Participant

    you can’t maintain any sense of fairness if people who have been
    there 30 years are paying 10% the tax of people who came 2 years ago.
    This ultimately destroys home values as newcomers won’t buy
    and the real inequity is 30 years public sector workers benefit
    from high pensions as they go out the door and low taxes
    as they own houses tied to their stable careers.

    July 21, 2009 at 2:01 PM #434863
    SD Realtor
    Participant

    There is no fix to spending what you cannot have. You didn’t honestly think they were going to actually keep spending according to the revenues did you? Don’t worry, we will see the same mess next year.

    July 21, 2009 at 2:01 PM #435254
    SD Realtor
    Participant

    There is no fix to spending what you cannot have. You didn’t honestly think they were going to actually keep spending according to the revenues did you? Don’t worry, we will see the same mess next year.

    July 21, 2009 at 2:01 PM #435422
    SD Realtor
    Participant

    There is no fix to spending what you cannot have. You didn’t honestly think they were going to actually keep spending according to the revenues did you? Don’t worry, we will see the same mess next year.

    July 21, 2009 at 2:01 PM #434659
    SD Realtor
    Participant

    There is no fix to spending what you cannot have. You didn’t honestly think they were going to actually keep spending according to the revenues did you? Don’t worry, we will see the same mess next year.

    July 21, 2009 at 2:01 PM #435180
    SD Realtor
    Participant

    There is no fix to spending what you cannot have. You didn’t honestly think they were going to actually keep spending according to the revenues did you? Don’t worry, we will see the same mess next year.

    July 21, 2009 at 2:04 PM #435264
    Arraya
    Participant

    That can is quickly coming to the end of the road, on many different levels..

    July 21, 2009 at 2:04 PM #435190
    Arraya
    Participant

    That can is quickly coming to the end of the road, on many different levels..

    July 21, 2009 at 2:04 PM #435432
    Arraya
    Participant

    That can is quickly coming to the end of the road, on many different levels..

    July 21, 2009 at 2:04 PM #434668
    Arraya
    Participant

    That can is quickly coming to the end of the road, on many different levels..

    July 21, 2009 at 2:04 PM #434873
    Arraya
    Participant

    That can is quickly coming to the end of the road, on many different levels..

    July 21, 2009 at 2:42 PM #434693
    XBoxBoy
    Participant

    [quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

    I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

    I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

    XBoxBoy

    July 21, 2009 at 2:42 PM #435215
    XBoxBoy
    Participant

    [quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

    I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

    I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

    XBoxBoy

    July 21, 2009 at 2:42 PM #434898
    XBoxBoy
    Participant

    [quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

    I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

    I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

    XBoxBoy

    July 21, 2009 at 2:42 PM #435289
    XBoxBoy
    Participant

    [quote=Arraya]That can is quickly coming to the end of the road, on many different levels..[/quote]

    I wouldn’t be so sure. In 2004 I thought we were in a bad housing bubble, and that the wheels were going to come off that wagon with a crash. I thought within 6 months everything would collapse. Hah! was I wrong! Now I’ve learned just how slow these things unfold.

    I suspect the government can keep this can kicking going on for at least another five to ten years. It will be just a long slow decline.

    XBoxBoy

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