The Conservative Cave
Current Events => General Discussion => Topic started by: Wineslob on August 05, 2011, 12:17:31 PM
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The elephant in the room
California’s fiscal mess continues to worsen thanks to the anti-tax, anti-government policies of the GOP
In other words, any further reductions in tax revenues today would actually constitute a record gutting of the state government and bring us back to a pre-World War II version of California, when there was far less public investment in education, infrastructure and health.
I have NO issues with this.
Too often, extra revenues have been squandered with tax cuts and rebates that outlasted the booming economic times that produced them, leaving the state drained of funds and fiscally handicapped when conditions turned sour. In short, California’s rainy-day fund has been too small, while the political pressure to rebate taxes (thereby effectively shrinking government) in fat years has grown increasingly more powerful.
NOT ENOUGH FACEPALM.
Fred Block, a UC Davis sociologist who has been studying California’s economy for decades, argues that history shows that despite the Right’s message about government spending hurting the economy, the facts, again, prove otherwise. State government has been pivotal, he noted, in fostering California’s economic dynamism and prosperity by taxing progressively and making large investments in education and other services.
So we have another pinhead who lies through his teeth and forgets to note that WE SPEND MORE TAX DOLLARS on education with horrid results than most other states.
And the consequences of eliminating these types of investments, as the Right has slowly and successfully done, promise to be severe. “The opportunity to make California a national leader in green technologies will be lost without renewed investments in higher education,†Block warned. “If we keep listening to the right-wing’s anti-tax ideology, the state will experience a long, fast, downward slide.â€
Former Sacramento Bee editorial-page editor Peter Schrag has given this downward slide—which the state has already endured for several decades—a name: “Mississippification.â€
So who has been running the State? Hummm?
I can't read anymore, just too pissed. :mad:
http://www.newsreview.com/chico/elephant-in-the-room/content?oid=3087559
* mods, move this if need be*
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Fred Block, a UC Davis sociologist who has been studying California’s economy smoking pot on the government's dime for decades, argues that history shows that despite the Right’s message about government spending hurting the economy, the facts talking points handed out by Democrat morons, again, prove otherwise. State government has been pivotal, he noted, in fostering destroying California’s economic dynamism and stealing the people's prosperity by taxing progressively and making large hugely wasteful investments in education and other services.
fixt
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downward slide—which the state has already endured for several decades—a name: “Mississippification.â€
http://www.bls.gov/web/laus/laumstrk.htm
Well, Mississippification might help...
UNEMPLOYMENT RATES:
50 CALIFORNIA 11.8
44 MISSISSIPPI 10.3 Mississippi is obviously doing better than California,
but they really need Nebraskafication or Dakotafacation:
1 NORTH DAKOTA 3.2
2 NEBRASKA 4.1
3 SOUTH DAKOTA 4.8
:lmao:
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downward slide—which the state has already endured for several decades—a name: “Mississippification.â€
I'm sure the good people of Mississippi regard it as "Californicaton," and you California Democrats really have nobody to blame but yourselves for what happened, between your hippy-dippy social programs and your vote-whoring for the Latino and union vote.
On edit: Oh yeah, and for your idiotic courts which rest their civil liability cases on the twin principles of every defendant being insured for millions of dollars and every plaintiff being entitled to recover money from someone, somewhere, no matter how distant.