Why California is broke, and Texas is not

[SD Transplant]

Source:
http://economy.money.cnn.com/2012/10/10/california-texas-richard-fisher/

Doesn’t get truer than that.

“The governor of California is jogging with his dog along a nature trail. A coyote jumps out and attacks the governor’s dog, then bites the governor. The governor starts to intervene, but reflects upon the movie Bambi and then realizes he should stop because the coyote is only doing what is natural.

He calls animal control. Animal control captures the coyote and bills the state $200 for testing it for diseases and $500 for relocating it. He calls a veterinarian. The vet collects the dead dog and bills the state $200 for testing it for diseases. The governor goes to the hospital and spends $3,500 getting checked for diseases from the coyote and getting his bite wound bandaged.

The running trail gets shut down for six months while the California Fish and Game Department conducts a $100,000 survey to make sure the area is now free of dangerous animals. The governor spends $50,000 in state funds implementing a ‘coyote awareness program’ for residents of the area. The Legislature spends $2 million to study how to better treat rabies and how to permanently eradicate the disease throughout the world.

The governor’s security agent is fired for not stopping the attack. The state spends $150,000 to hire and train a new agent with additional special training, re: the nature of coyotes. People for the Ethical Treatment of Animals (PETA) protests the coyote’s relocation and files a $5 million suit against the state.

The governor of Texas is jogging with his dog along a nature trail. A coyote jumps out and tries to attack him and his dog. The governor shoots the coyote with his state-issued pistol and keeps jogging.

The governor spent 50 cents on a .380-caliber, hollow-point cartridge. Buzzards ate the dead coyote.

And that, my friends, is why California is broke and Texas is not.”

[The-Shoveler]

Hate to be a party pooper but,

Perry, a Republican, campaigned on the strength of the Texas economy and made political hay of the fact the Lone Star state had avoided California’s massive deficit, pegged at $25.4 billion through the upcoming budget year.

Now Texas faces a budget deficit estimated as high as $27 billion for the upcoming two-year cycle of 2012-2013. To close the gap, state legislators have proposed steep cuts in funding to education and welfare programs.

California and Texas are in similar budgetary dire straits following a painful U.S. recession that severely crimped state tax receipts and other critical revenue sources.

How the debate plays out in Austin and Sacramento will be watched closely by the $2.8 trillion U.S. municipal bond market, which states could tap to cover their shortfalls. California, which has the world’s eighth-largest economy, is the market’s biggest debt issuer.

[ocrenter]

the Texas deficit came about because of reduced sales tax collected during the recession.

answer: initiate coyote breeding program. increase need for gun and ammo purchases. thus increase sales tax revenue.

[outtamojo]

“‘Good Samaritan’ kills teen, wounds other while thwarting armed robbery.”

Texans? who needs ’em.

http://www.thecalifornian.com/article/20121005/NEWS01/310050044/Cops-Good-Samaritan-kills-teen-wounds-other-while-thwarting-armed-robbery?odyssey=obinsite

[ocrenter]

[quote=outtamojo]”‘Good Samaritan’ kills teen, wounds other while thwarting armed robbery.”

Texans? who needs ’em.

http://www.thecalifornian.com/article/20121005/NEWS01/310050044/Cops-Good-Samaritan-kills-teen-wounds-other-while-thwarting-armed-robbery?odyssey=obinsite%5B/quote%5D

teens = coyote, in Texas they would criticize the “good samaritan” for the pathetic 50% kill rate.

[SD Realtor]

Have you ever spent substantial time in Texas?

[ocrenter]

[quote=SD Realtor]Have you ever spent substantial time in Texas?[/quote]

sorry, just going along with the spirit of the OP joke. If they can make fun of us, I think they can handle the back and forth just fine.

[Author]

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