Richard94611 wrote:
Danilo, hate to tell you this, but if you had read the article carefully you would see that California is on track to have a SURPLUS, and that federal grants, etc. are contributing a good deal of the costs, too. YOUR tax dollars at work, HA ! Furthermore, the addition of the jobs these projects will entail will also help our economy. Don't know if you noticed, but real estate values are going up fairly well here in California. In my area, they improved by around 20% in the past year, and the increase shows no sign of slowing.
The reports you have reveled in about the death of California's economy have been great exaggerated. Of course, since you are listed as being from Las Vegas, you probably have a totally pessimistic view of the economy, since your is one of the worst in the nation.
Danilo, hate to tell you this, but if you had read... (
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I guess everything is on your side except common mathematics. If you have zero dollars, you are BROKE. If you have $28 billion dollars of debt (minimum!) you're worse than BROKE. If your governor dug in his own pocket (NOT likely) and paid off $20 billion of your state's debt, you'd still be $8 billion in debt. I not only read your LA Times article, but a couple others relating to your debt. There is no honest way for CA to realize a surplus in the foreseeable future.
You're right, Nevada's fiscal situation is in the crapper. We're having a tough time keeping our politicians in line with our economy, and I'm not just talking about Harry. But our topic on this thread is California, so I'm not going to hijack.