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What about per capita MINUS the "output" produced by illegals.
I'd bet California wouldn't compare so well then, huh?
Who cares? That just means a state has a well diversified economy. You're not very good at this plus you like to make up lies like your claims that you can't walk in L.A. because of all the human feces on the side walk. You've spent this whole thread lying and exaggerating just like when you claimed California was some how a third world state.
You call racking up a $127,200,000,000 deficit "successful"??
Must be nice to choose the reality you live in.
That is state debt not the deficit, which the state does not currently have as its budget is in surplus. Also debt to GDP ratio puts California's state debt right in the middle of the pack, 26th out of 50 with exactly 25 states having a larger state debt as a percentage of GDP. California's state GDP is about the size of Italy's and larger than Brazil or India so a debt level of 6% of GDP is not just easily manageable but trivial in size.
Last edited by Think4Yourself; 05-13-2013 at 03:55 PM..
You'd have to be stupid to believe that moonie rag. They're claiming the pension system's funding for the next half century when the pension system is actually one of the best funded in the country and not a single pension system in the country pre-funds a half century of retiree benefits for people who aren't even born yet. This just means you have no idea how pension systems work especially since CALPERs only needs a 4.5%-5% growth rate to cover 100% of its obligations using existing capital and pay ins. In short, once again the right wing talking point just isn't square with facts or reality.
So write your congressmen and complain to them. I don't give a rat's ass, and your reply had nothing to do with my comment or that of the person I was responding to.
Here's a dollar. Use it to buy an attention span.
A whole dollar? Isn't that like 30% of Alabama's GDP?
No one is complaining either, skippy. I absolutely love living in a state that helps subsidize the South's economy. You're welcome.
It makes the "California sux" posts from the right-wing shills that much more comical.
A whole dollar? Isn't that like 30% of Alabama's GDP?
No one is complaining either, skippy. I absolutely love living in a state that helps subsidize the South's economy. It makes the "California sux" posts from the righ-wing shills that much more comical.
I can't rep you again but I love the post. Facts and reality are not something our right wing friends are used to dealing with.
Fact: California is one of the wealthest states in the country just kicking the crap out of the failures which are the red states. It is hilarious to see these right wing idiots claim California is third world when it beats all of the right wing states in median household income.
From your cite, California is #9 in median income, but #4 in cost of living--behind only Hawaii, Alaska and Washington D.C. So pay in CA does NOT make up for the very high cost of living--meaning that a disproportionate amount of that wealth you talk of goes to paying for necessities.
You can use the salary calculator here http://swz.salary.com/costoflivingwi...oll_start.aspx to see how much an equivalent job would pay in CA, compared to how much more you would have to pay for the increased cost of living. For my family in the Portsmouth NH area to move to Los Angeles, we could expect equivalent jobs to pay 3.2% more, but an increase in cost of living of 17.2%. If we lived in an inexpensive area like Ft. Smith, Arkansas, we would be looking at an increase of 27.4% in pay, but 63.1% in cost of living.
Pretty much anyone living and working in California who isn't filthy rich would do better in ANY place in the continental U.S., except for Washington D.C. (which isn't really America anyway).
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