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July 1, 2009 at 8:23 AM #423815July 2, 2009 at 4:49 PM #424296daveljParticipant
I think I pointed this out months back, but…
Adjusted for population growth (including illegals!) and inflation, and using 1998 as our base year, California’s budget “should” be about $115 billion. Instead it’s about $145 billion.
That sure looks like a spending problem, not a revenue problem, to me. Furthermore, I believe CA’s revenue is slated to be about $110-$120 billion this year – even in these “troubling times.” Again, this looks like a spending problem, not a revenue problem.
I don’t recall Californians “suffering” from a draconian budget back in the late-90s. Somehow, they managed…
July 2, 2009 at 4:49 PM #424529daveljParticipantI think I pointed this out months back, but…
Adjusted for population growth (including illegals!) and inflation, and using 1998 as our base year, California’s budget “should” be about $115 billion. Instead it’s about $145 billion.
That sure looks like a spending problem, not a revenue problem, to me. Furthermore, I believe CA’s revenue is slated to be about $110-$120 billion this year – even in these “troubling times.” Again, this looks like a spending problem, not a revenue problem.
I don’t recall Californians “suffering” from a draconian budget back in the late-90s. Somehow, they managed…
July 2, 2009 at 4:49 PM #424810daveljParticipantI think I pointed this out months back, but…
Adjusted for population growth (including illegals!) and inflation, and using 1998 as our base year, California’s budget “should” be about $115 billion. Instead it’s about $145 billion.
That sure looks like a spending problem, not a revenue problem, to me. Furthermore, I believe CA’s revenue is slated to be about $110-$120 billion this year – even in these “troubling times.” Again, this looks like a spending problem, not a revenue problem.
I don’t recall Californians “suffering” from a draconian budget back in the late-90s. Somehow, they managed…
July 2, 2009 at 4:49 PM #424880daveljParticipantI think I pointed this out months back, but…
Adjusted for population growth (including illegals!) and inflation, and using 1998 as our base year, California’s budget “should” be about $115 billion. Instead it’s about $145 billion.
That sure looks like a spending problem, not a revenue problem, to me. Furthermore, I believe CA’s revenue is slated to be about $110-$120 billion this year – even in these “troubling times.” Again, this looks like a spending problem, not a revenue problem.
I don’t recall Californians “suffering” from a draconian budget back in the late-90s. Somehow, they managed…
July 2, 2009 at 4:49 PM #425043daveljParticipantI think I pointed this out months back, but…
Adjusted for population growth (including illegals!) and inflation, and using 1998 as our base year, California’s budget “should” be about $115 billion. Instead it’s about $145 billion.
That sure looks like a spending problem, not a revenue problem, to me. Furthermore, I believe CA’s revenue is slated to be about $110-$120 billion this year – even in these “troubling times.” Again, this looks like a spending problem, not a revenue problem.
I don’t recall Californians “suffering” from a draconian budget back in the late-90s. Somehow, they managed…
July 2, 2009 at 4:55 PM #424291ZeitgeistParticipantGovernment is the problem:
to live within your means is meaningless to this politician. Her number is 916-319-2007. I am sure she would like to hear from us.
July 2, 2009 at 4:55 PM #424524ZeitgeistParticipantGovernment is the problem:
to live within your means is meaningless to this politician. Her number is 916-319-2007. I am sure she would like to hear from us.
July 2, 2009 at 4:55 PM #424805ZeitgeistParticipantGovernment is the problem:
to live within your means is meaningless to this politician. Her number is 916-319-2007. I am sure she would like to hear from us.
July 2, 2009 at 4:55 PM #424875ZeitgeistParticipantGovernment is the problem:
to live within your means is meaningless to this politician. Her number is 916-319-2007. I am sure she would like to hear from us.
July 2, 2009 at 4:55 PM #425038ZeitgeistParticipantGovernment is the problem:
to live within your means is meaningless to this politician. Her number is 916-319-2007. I am sure she would like to hear from us.
July 2, 2009 at 6:08 PM #424346patientrenterParticipantThe play comes in several acts. This not the final act. We have to go through small and /or temporary cuts in the most visible and painful segments of CA govt spending.
After that builds some public sympathy for relief for CA, the feds will relent. “We had to save poor flesh and blood Californians from this horrible and unfair fate. They are practically dying for want of a few tens of billions of dollars.” A few of the most high profile spending cuts will be left in place, as a sop to federal taxpayers.
It is possible that a condition of receiving federal funds will be an increase in California taxes. There are many who would like nothing better than to see the end of Prop 13, and this bailout would be one of the best chances in years to achieve that. A good number of Republican pols and businessmen could be turned by the bailout money.
Give it another few months. The bailout is on its way.
July 2, 2009 at 6:08 PM #424578patientrenterParticipantThe play comes in several acts. This not the final act. We have to go through small and /or temporary cuts in the most visible and painful segments of CA govt spending.
After that builds some public sympathy for relief for CA, the feds will relent. “We had to save poor flesh and blood Californians from this horrible and unfair fate. They are practically dying for want of a few tens of billions of dollars.” A few of the most high profile spending cuts will be left in place, as a sop to federal taxpayers.
It is possible that a condition of receiving federal funds will be an increase in California taxes. There are many who would like nothing better than to see the end of Prop 13, and this bailout would be one of the best chances in years to achieve that. A good number of Republican pols and businessmen could be turned by the bailout money.
Give it another few months. The bailout is on its way.
July 2, 2009 at 6:08 PM #424861patientrenterParticipantThe play comes in several acts. This not the final act. We have to go through small and /or temporary cuts in the most visible and painful segments of CA govt spending.
After that builds some public sympathy for relief for CA, the feds will relent. “We had to save poor flesh and blood Californians from this horrible and unfair fate. They are practically dying for want of a few tens of billions of dollars.” A few of the most high profile spending cuts will be left in place, as a sop to federal taxpayers.
It is possible that a condition of receiving federal funds will be an increase in California taxes. There are many who would like nothing better than to see the end of Prop 13, and this bailout would be one of the best chances in years to achieve that. A good number of Republican pols and businessmen could be turned by the bailout money.
Give it another few months. The bailout is on its way.
July 2, 2009 at 6:08 PM #424929patientrenterParticipantThe play comes in several acts. This not the final act. We have to go through small and /or temporary cuts in the most visible and painful segments of CA govt spending.
After that builds some public sympathy for relief for CA, the feds will relent. “We had to save poor flesh and blood Californians from this horrible and unfair fate. They are practically dying for want of a few tens of billions of dollars.” A few of the most high profile spending cuts will be left in place, as a sop to federal taxpayers.
It is possible that a condition of receiving federal funds will be an increase in California taxes. There are many who would like nothing better than to see the end of Prop 13, and this bailout would be one of the best chances in years to achieve that. A good number of Republican pols and businessmen could be turned by the bailout money.
Give it another few months. The bailout is on its way.
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