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Looks like California is doing pretty good, they’ll finish this year with $2.4 billion on the plus side. :2wave:
<$3.1 billion for schools>
<Under the analyst's projections, California schools will receive an additional $3.1 billion this school year.>
Good news, California: Surplus is $2.4 billion - SFGate
Ah, some good news.
Propaganda from the state of unopposed liberalism.
Propaganda from the state of unopposed liberalism.
Hardly unopposed!Butt eight years of deficit hangover from the guvanater years.WEEP.
Then, as now the state is run by democrats.
And now, with a super majority.
OF COURSE there is a super majority of Dems!there is a $2.4 billion surplus this year.:2wave:
I wonder if it's anything like the clinton "surplus" that never really existed?
California is only $418 BILLIONS in debt and only 1.5 unemployed. Over $400 BILLION In debt and Democrats boast they have a $2 billion surplus.
State of California Debt Clock
How many citizens got screwed in the process?
I wonder if it's anything like the clinton "surplus" that never really existed?
According to the California debt clock, they are over $418 billion in debt. How they can say they have a $2.4 billion surplus is beyond my understanding, but good for them! Sadly, we all know what happens to surpluses...they are spent, not saved. And usually what they are spent on costs more than the surplus they have, so the difference just gets added to the debt. See how easy it is to live in California? Woo Hoo!!
Greetings, Keymanjim. :2wave:
what is the repo man coming to collect on that debt and when is it supposed to be payed
People have been speculating for quite a while that California will eventually ask Washington for a bailout. Since many other states also have large debts, I don't see it happening, since we just don't have enough money to bail everyone out. The ironic thing to me is that California has not curbed spending to match income, so it sure sounds like they are following DC's lead! Maybe China will be interested in swapping some of what we owe them for choice California properties? Japan did that some years ago, as you recall.....
Hooray for Cali!!!
Budget problems worked out with a combo of spending restraint and new revenues.
This seems like great news.
I expect the usual suspects will arrive momentarily to explain why this is really bad news.
has california ever asked to be bailed out
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