I cannot understand why California is a State that is in more financial trouble than most states in the US. Why is this the case? Hollywood earns trillions of dollars, has of the wealthiest actors in the world all living in California, spending millions of dollars. California features prominently in all industry, San Francisco has to be a thriving City, and so San Diego as well. I can't understand this. Anyone got some insights?
Why is California in financial trouble?
| deanhills wrote: |
| I cannot understand why California is a State that is in more financial trouble than most states in the US. Why is this the case? Hollywood earns trillions of dollars, has of the wealthiest actors in the world all living in California, spending millions of dollars. California features prominently in all industry, San Francisco has to be a thriving City, and so San Diego as well. I can't understand this. Anyone got some insights? |
Corrupt leaders that we elected. WE ELECTED
.corrupt union leader to be exact.
here some insights
http://www.clipmarks.com/clipmark/831CE923-DE32-4739-AD4F-7691B5C8A305/
http://www.clipmarks.com/clipmark/831CE923-DE32-4739-AD4F-7691B5C8A305/
| badai wrote: |
| here some insights
http://www.clipmarks.com/clipmark/831CE923-DE32-4739-AD4F-7691B5C8A305/ |
Thanks for the insights. I would have thought this would be a typical problem on the East Coast and am completly surprised to find it on the West Coast!
There are plenty of reasons... A piss poor governor doesn't help the cause. I didn't vote for him (partially because I wasn't 18 at the time that he was elected - although I did try to convince all of the voters NOT to vote for him 5 years ago). Poor budgeting, unions, illegal immigration (although I'm not against immigration, of course, I just think anyone living here should have to pay taxes), etc...
| Afaceinthematrix wrote: |
| There are plenty of reasons... A piss poor governor doesn't help the cause. I didn't vote for him (partially because I wasn't 18 at the time that he was elected - although I did try to convince all of the voters NOT to vote for him 5 years ago). Poor budgeting, unions, illegal immigration (although I'm not against immigration, of course, I just think anyone living here should have to pay taxes), etc... |
amen, "bunking" the system is only hurting those around you.
| coreymanshack wrote: | ||
amen, "bunking" the system is only hurting those around you. |
I still wonder how he became Governor. Who voted for him?
| deanhills wrote: | ||||
I still wonder how he became Governor. Who voted for him? |
Every 25- year old in California that's seen The Terminator. Oh yeah... And most other people that I know. He actually got a lot of votes.
| Afaceinthematrix wrote: |
| Every 25- year old in California that's seen The Terminator. Oh yeah... And most other people that I know. He actually got a lot of votes. |
Come off it Afaceinthematrix. Some of the most enlightened people in the United States live in California. And even if they did not vote during the election, they have to take responsibility for having this Governor as their Governor. Just like Bush. Complaining and complaining and not doing anything about it. If the election system is not the right one to get suitable leadership material, perhaps the people of California need to change it?
It isn't just the governor either. It is also the crappy state congress that approved our budget these past years.
| Xanatos wrote: |
| It isn't just the governor either. It is also the crappy state congress that approved our budget these past years. |
Guess it's time for a BIG change in California politics? Roll up the sleeves and get to work? Can imagine there must be quite a number of people in California thinking this way right now, hope they will act on their thoughts soon, although I have not doubt they will. Usually when the economy is doing really bad, it usually gives people plenty of food for thought and action.
A big problem sadly for them is all the illegal immigrats the state takes care of. California just gives them everything. Most of the wealthy people claim residents in other states and purchase items out of state to avoid California's taxes.
| standready wrote: |
| A big problem sadly for them is all the illegal immigrats the state takes care of. California just gives them everything. Most of the wealthy people claim residents in other states and purchase items out of state to avoid California's taxes. |
Well I am wondering what will happen now... Taxes were just raised (again) for a "temporary" amount of time. We all know that history says that this new tax will never go away... So will this new sale tax increase state revenue or decrease state revenue since people may spend less because of it (the sales tax just jumped from 7.75% to 8.75% on April 1)?
| Afaceinthematrix wrote: |
| Well I am wondering what will happen now... Taxes were just raised (again) for a "temporary" amount of time. We all know that history says that this new tax will never go away... So will this new sale tax increase state revenue or decrease state revenue since people may spend less because of it (the sales tax just jumped from 7.75% to 8.75% on April 1)? |
| Afaceinthematrix wrote: |
| Well I am wondering what will happen now... Taxes were just raised (again) for a "temporary" amount of time. |
There is nothing more permanent than a "temporary" tax!
| standready wrote: | ||
There is nothing more permanent than a "temporary" tax! |
The whole world is in financial trouble so it does not make a difference
| yagnyavalkya wrote: |
| The whole world is in financial trouble so it does not make a difference |
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