Home › Forums › Financial Markets/Economics › Stimulus Watch: San Diego, California & the rest of the states
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CA renter.
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February 13, 2009 at 3:00 PM #346483February 13, 2009 at 3:23 PM #346031
Eugene
ParticipantWhat do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
Escondido and Carlsbad are not even on the list.
Maybe the list is incomplete. I think that Escondido City Council is heavily Republican and that may have prevented them from asking for federal money. Don’t know about Carlsbad.
February 13, 2009 at 3:23 PM #346351ParticipantWhat do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
Escondido and Carlsbad are not even on the list.
Maybe the list is incomplete. I think that Escondido City Council is heavily Republican and that may have prevented them from asking for federal money. Don’t know about Carlsbad.
February 13, 2009 at 3:23 PM #346493ParticipantWhat do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
Escondido and Carlsbad are not even on the list.
Maybe the list is incomplete. I think that Escondido City Council is heavily Republican and that may have prevented them from asking for federal money. Don’t know about Carlsbad.
February 13, 2009 at 3:23 PM #346592ParticipantWhat do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
Escondido and Carlsbad are not even on the list.
Maybe the list is incomplete. I think that Escondido City Council is heavily Republican and that may have prevented them from asking for federal money. Don’t know about Carlsbad.
February 13, 2009 at 3:23 PM #346460ParticipantWhat do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
Escondido and Carlsbad are not even on the list.
Maybe the list is incomplete. I think that Escondido City Council is heavily Republican and that may have prevented them from asking for federal money. Don’t know about Carlsbad.
February 13, 2009 at 4:39 PM #346401afx114
ParticipantI wonder if the Reps who voted no will refuse the money that their districts will be receiving from the stimulus. If not, are their No votes just some kabuki?
It is also curious that most of the No votes are from states that receive way more federal spending dollars than their citizens contribute. For example, in 2005 Alabama received $1.66 in Federal spending for each $1.00 that their citizens paid. California, meanwhile, only received $0.78 in federal spending for each $1.00 that their citizens paid.
Source (PDF): http://www.taxfoundation.org/files/ftsbs-timeseries-20071016-.pdf
There is an interesting correlation between red/blue states and these tax ratios. The blue states generally pay way more than they receive while the red states generally receive way more than they pay. If red states are so opposed to taxes, why are they benefiting the most from them?
February 13, 2009 at 4:39 PM #346543ParticipantI wonder if the Reps who voted no will refuse the money that their districts will be receiving from the stimulus. If not, are their No votes just some kabuki?
It is also curious that most of the No votes are from states that receive way more federal spending dollars than their citizens contribute. For example, in 2005 Alabama received $1.66 in Federal spending for each $1.00 that their citizens paid. California, meanwhile, only received $0.78 in federal spending for each $1.00 that their citizens paid.
Source (PDF): http://www.taxfoundation.org/files/ftsbs-timeseries-20071016-.pdf
There is an interesting correlation between red/blue states and these tax ratios. The blue states generally pay way more than they receive while the red states generally receive way more than they pay. If red states are so opposed to taxes, why are they benefiting the most from them?
February 13, 2009 at 4:39 PM #346511ParticipantI wonder if the Reps who voted no will refuse the money that their districts will be receiving from the stimulus. If not, are their No votes just some kabuki?
It is also curious that most of the No votes are from states that receive way more federal spending dollars than their citizens contribute. For example, in 2005 Alabama received $1.66 in Federal spending for each $1.00 that their citizens paid. California, meanwhile, only received $0.78 in federal spending for each $1.00 that their citizens paid.
Source (PDF): http://www.taxfoundation.org/files/ftsbs-timeseries-20071016-.pdf
There is an interesting correlation between red/blue states and these tax ratios. The blue states generally pay way more than they receive while the red states generally receive way more than they pay. If red states are so opposed to taxes, why are they benefiting the most from them?
February 13, 2009 at 4:39 PM #346643ParticipantI wonder if the Reps who voted no will refuse the money that their districts will be receiving from the stimulus. If not, are their No votes just some kabuki?
It is also curious that most of the No votes are from states that receive way more federal spending dollars than their citizens contribute. For example, in 2005 Alabama received $1.66 in Federal spending for each $1.00 that their citizens paid. California, meanwhile, only received $0.78 in federal spending for each $1.00 that their citizens paid.
Source (PDF): http://www.taxfoundation.org/files/ftsbs-timeseries-20071016-.pdf
There is an interesting correlation between red/blue states and these tax ratios. The blue states generally pay way more than they receive while the red states generally receive way more than they pay. If red states are so opposed to taxes, why are they benefiting the most from them?
February 13, 2009 at 4:39 PM #346080ParticipantI wonder if the Reps who voted no will refuse the money that their districts will be receiving from the stimulus. If not, are their No votes just some kabuki?
It is also curious that most of the No votes are from states that receive way more federal spending dollars than their citizens contribute. For example, in 2005 Alabama received $1.66 in Federal spending for each $1.00 that their citizens paid. California, meanwhile, only received $0.78 in federal spending for each $1.00 that their citizens paid.
Source (PDF): http://www.taxfoundation.org/files/ftsbs-timeseries-20071016-.pdf
There is an interesting correlation between red/blue states and these tax ratios. The blue states generally pay way more than they receive while the red states generally receive way more than they pay. If red states are so opposed to taxes, why are they benefiting the most from them?
February 13, 2009 at 6:32 PM #346556CA renter
Participantesmith wrote:
What do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
———————-Exactly. We need to allow debt destruction and deflation to happen. This will be very destructive and will have major social consequences. While we transition through this process, we need to keep people busy so they don’t commit very violent crimes and cause BIG problems, and so they can earn enough to survive without getting too desperate.
This is not about “stimulating the economy,” it is about survival and maintaining social order as we move through this very difficult transition, IMHO. That we get long-term benefits from new infrastructure and research and development (hopefully, in health, energy, and transportaion sciences), is icing on the cake. This is about resetting the financial system so we can bottom out and get to a place where we can grow again.
February 13, 2009 at 6:32 PM #346589Participantesmith wrote:
What do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
———————-Exactly. We need to allow debt destruction and deflation to happen. This will be very destructive and will have major social consequences. While we transition through this process, we need to keep people busy so they don’t commit very violent crimes and cause BIG problems, and so they can earn enough to survive without getting too desperate.
This is not about “stimulating the economy,” it is about survival and maintaining social order as we move through this very difficult transition, IMHO. That we get long-term benefits from new infrastructure and research and development (hopefully, in health, energy, and transportaion sciences), is icing on the cake. This is about resetting the financial system so we can bottom out and get to a place where we can grow again.
February 13, 2009 at 6:32 PM #346688Participantesmith wrote:
What do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
———————-Exactly. We need to allow debt destruction and deflation to happen. This will be very destructive and will have major social consequences. While we transition through this process, we need to keep people busy so they don’t commit very violent crimes and cause BIG problems, and so they can earn enough to survive without getting too desperate.
This is not about “stimulating the economy,” it is about survival and maintaining social order as we move through this very difficult transition, IMHO. That we get long-term benefits from new infrastructure and research and development (hopefully, in health, energy, and transportaion sciences), is icing on the cake. This is about resetting the financial system so we can bottom out and get to a place where we can grow again.
February 13, 2009 at 6:32 PM #346446Participantesmith wrote:
What do you do with all these people when the jobs are done?
By then the economic situation will stabilize enough for them to find jobs in the private sector.
———————-Exactly. We need to allow debt destruction and deflation to happen. This will be very destructive and will have major social consequences. While we transition through this process, we need to keep people busy so they don’t commit very violent crimes and cause BIG problems, and so they can earn enough to survive without getting too desperate.
This is not about “stimulating the economy,” it is about survival and maintaining social order as we move through this very difficult transition, IMHO. That we get long-term benefits from new infrastructure and research and development (hopefully, in health, energy, and transportaion sciences), is icing on the cake. This is about resetting the financial system so we can bottom out and get to a place where we can grow again.
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