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Old 07-12-2009, 02:42 PM
 
Location: Palm Springs, CA
26,529 posts, read 24,945,066 times
Reputation: 7739

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It's going to be a rough couple of years for California, but it's foolish to say that it's "collapsing". The California-haters are going to be very surprised in a few years when the California economy comes roaring back.
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Old 07-12-2009, 02:53 PM
 
Location: In a Lonely Place
230 posts, read 516,237 times
Reputation: 251
Quote:
Originally Posted by AnUnidentifiedMale View Post
It's going to be a rough couple of years for California, but it's foolish to say that it's "collapsing". The California-haters are going to be very surprised in a few years when the California economy comes roaring back.
That's what my roommate keeps saying. He, too, thinks there's a magic solution for California's basic structural problems that will present itself out of the blue within a year or so, and that the state will return to its former glory. I ask him exactly what solution he sees for the pervasive economic, political, and social problems that just keep metastisizing and feeding upon themselves, and he is not able to come up with an answer.

"Because we're California" isn't a good enough reason anymore.
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Old 07-12-2009, 03:24 PM
 
11,715 posts, read 35,872,615 times
Reputation: 7510
Quote:
Originally Posted by Quatermass View Post
That's what my roommate keeps saying. He, too, thinks there's a magic solution for California's basic structural problems that will present itself out of the blue within a year or so, and that the state will return to its former glory. I ask him exactly what solution he sees for the pervasive economic, political, and social problems that just keep metastisizing and feeding upon themselves, and he is not able to come up with an answer.

"Because we're California" isn't a good enough reason anymore.
Not to mention that the last decade and a half or so of California "prosperity" was driven by BS bubbles (tech and real estate) that have since burst. The one thing that could really save California is the one thing that the state government is doing it's best to drive out the fastest: manufacturing.
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Old 07-12-2009, 04:26 PM
 
342 posts, read 595,813 times
Reputation: 148
Quote:
Originally Posted by AnUnidentifiedMale View Post
It's going to be a rough couple of years for California, but it's foolish to say that it's "collapsing". The California-haters are going to be very surprised in a few years when the California economy comes roaring back.
California's economy might and probably will come limping back over many years, but I really doubt you'll see it come roaring back in a few years. I don't think you're a California hater just because you can see the writing on the wall and want to do something about it. We can't just sit back and expect it to come roaring back. Not with the politicians we have.
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Old 07-12-2009, 06:42 PM
 
1,679 posts, read 2,568,108 times
Reputation: 1292
Quote:
Originally Posted by Quatermass View Post
New York already seems well on its way to becoming the next California. Meanwhile, California seems determined to become the next Michigan.

CA's failure ought to serve as an object lesson to dysfunctional states throughout the country, but for many of them it may already be too late.
Every time I think of CA and their budget problems I cant help but feel dread and fear that the whole country is plowing down the same path, what a shame.

It seems like both CA and NY are bent on destroying a good thing through overspending and taxes. Spending money you dont have look what mess its gotten us into.
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Old 07-12-2009, 08:28 PM
 
Location: In a Lonely Place
230 posts, read 516,237 times
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Quote:
Originally Posted by hartford_renter View Post
Every time I think of CA and their budget problems I cant help but feel dread and fear that the whole country is plowing down the same path, what a shame.
As do I...
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Old 07-12-2009, 09:50 PM
 
248 posts, read 693,119 times
Reputation: 143
Quote:
Originally Posted by Quatermass View Post
That's what my roommate keeps saying. He, too, thinks there's a magic solution for California's basic structural problems that will present itself out of the blue within a year or so, and that the state will return to its former glory. I ask him exactly what solution he sees for the pervasive economic, political, and social problems that just keep metastisizing and feeding upon themselves, and he is not able to come up with an answer.

"Because we're California" isn't a good enough reason anymore.
it will come back, but not as it was. it's just not possible.
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Old 07-13-2009, 12:02 AM
 
Location: SW MO
23,605 posts, read 31,371,200 times
Reputation: 29064
Quote:
Originally Posted by Quatermass View Post
New York already seems well on its way to becoming the next California. Meanwhile, California seems determined to become the next Michigan.

CA's failure ought to serve as an object lesson to dysfunctional states throughout the country, but for many of them it may already be too late.
In my years of experience working directly with politicians the one thing I've found is that they are singularly incapable of learning from their mistakes.
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Old 07-13-2009, 10:32 AM
 
Location: Yucaipa, California
9,715 posts, read 18,357,530 times
Reputation: 6416
The ca legislature is to blame for this horrible mess. The IOUs can be cashed in early oct with intrest. The IOUs may though be used to pay state income tax & dmv transactions (its pending). The ca legislature is the worse in the nation with the highest salaries in the nation & the state government, teachers & prison unions own them. The legislature is corrupt & cant be trusted. They are greedy thieves & the democrats are pure scum especially karen (buzz cut) bass. They are just a discusting waste of flesh.
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Old 07-13-2009, 11:19 AM
 
Location: El Dorado Hills, CA
433 posts, read 1,410,763 times
Reputation: 199
Quote:
Originally Posted by AnUnidentifiedMale View Post
It's going to be a rough couple of years for California, but it's foolish to say that it's "collapsing". The California-haters are going to be very surprised in a few years when the California economy comes roaring back.
With what, its booming manufacturing industry? Another teach or real estate bubble? The agricultural business that CA seems hell bent on destroying? The logging industry that CA is hell bent on destroying? The oil refineries in the Bay Area that the enviornmentalists are going after now?
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