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July 21, 2009 at 3:16 PM in reply to: california Budget deal, Kicking the can at counties and down the road #434698
patb
Participant[quote=XBoxBoy][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[/quote]
What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?July 21, 2009 at 3:16 PM in reply to: california Budget deal, Kicking the can at counties and down the road #434903patb
Participant[quote=XBoxBoy][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[/quote]
What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?July 21, 2009 at 3:16 PM in reply to: california Budget deal, Kicking the can at counties and down the road #435220patb
Participant[quote=XBoxBoy][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[/quote]
What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?July 21, 2009 at 3:16 PM in reply to: california Budget deal, Kicking the can at counties and down the road #435294patb
Participant[quote=XBoxBoy][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[/quote]
What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?July 21, 2009 at 3:16 PM in reply to: california Budget deal, Kicking the can at counties and down the road #435462patb
Participant[quote=XBoxBoy][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[/quote]
What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?July 21, 2009 at 1:15 PM in reply to: california Budget deal, Kicking the can at counties and down the road #434639patb
Participantyou 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 1:15 PM in reply to: california Budget deal, Kicking the can at counties and down the road #434843patb
Participantyou 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 1:15 PM in reply to: california Budget deal, Kicking the can at counties and down the road #435160patb
Participantyou 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 1:15 PM in reply to: california Budget deal, Kicking the can at counties and down the road #435234patb
Participantyou 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 1:15 PM in reply to: california Budget deal, Kicking the can at counties and down the road #435402patb
Participantyou 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.patb
ParticipantCAterpillar probably is seeing the Stimulus showing up.
all that road work is getting old cat gear off the yard and needing
spares, hoses, pads, blades,,,,Cat probably makes more money off spares then they do for units.
patb
ParticipantCAterpillar probably is seeing the Stimulus showing up.
all that road work is getting old cat gear off the yard and needing
spares, hoses, pads, blades,,,,Cat probably makes more money off spares then they do for units.
patb
ParticipantCAterpillar probably is seeing the Stimulus showing up.
all that road work is getting old cat gear off the yard and needing
spares, hoses, pads, blades,,,,Cat probably makes more money off spares then they do for units.
patb
ParticipantCAterpillar probably is seeing the Stimulus showing up.
all that road work is getting old cat gear off the yard and needing
spares, hoses, pads, blades,,,,Cat probably makes more money off spares then they do for units.
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