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I contributed to my pension and I worked for a very long time for it. Funny how pensions have become a dirty word to conservatives, someone did a very good job on brainwashing you guys, how sad...
I for 1 have no issue with civil service pensions. I would prefer they be in the form of a 401 k or a like system. Better for the tax payers.
I do have a lot of issues with elected reps pensions, as well as their Health insurance and benefits. We as a nation are far to generous towards such low performing employees.
Trump likes to brag about GDP growth and low unemployment -- he can't do it without California's contribution. And then nearly every day somebody (usually an out-of-stater) will post something anti-California bleating about poverty rates, homeless, or junkies in the downtown L.A. or S.F., making it sound like the whole state is bad. It isn't.
California: No. 5 economy in the whole world. Americans in all 50 states should be saying "job well done" as a matter of national pride, not trashing us.
Figures for subnational economies when compared to national economies are meaningless. You can't separate out national contributions such as medicare, costs of federal rule setting and enforcement, protection (border and military), and access to a broader market and enforcing that access by the national government.
I contributed to my pension and I worked for a very long time for it. Funny how pensions have become a dirty word to conservatives, someone did a very good job on brainwashing you guys, how sad...
The benefits offered to government employees are not in line with a free market private business. The burden is passed on to the tax payer, particularly in CA. You have a vested interest to support the way the state is run.
California is a place for rich people and foreigners who rush in for the great climate/scenery, drive up real-estate prices to ridiculous levels, and bring in cheap illegal-immigrants to work for them to offset the ridiculous prices and make their businesses artificially-competitive.
If you're not in Hollywood, Tech, or real-estate, then you better work for the government, otherwise you get to live with the illegal-immigrants and other impoverished people.
Oooh, you got me! I'm a foreigner (not rich, though) but I don't think I'm hiring any illegals. And I'd argue that my middle-class income allows me a pretty comfortable life.
Trump likes to brag about GDP growth and low unemployment -- he can't do it without California's contribution. And then nearly every day somebody (usually an out-of-stater) will post something anti-California bleating about poverty rates, homeless, or junkies in the downtown L.A. or S.F., making it sound like the whole state is bad. It isn't.
California: No. 5 economy in the whole world. Americans in all 50 states should be saying "job well done" as a matter of national pride, not trashing us.
I love California, and the people there. It’s a beautiful state, with the most exquisite coastlines on earth, among other great things, like the climate in SoCal. So I’m not bashing it, just lamenting on what a shame it is to see it on the path to ruin.
The big problem with California is it’s hard left government, and the economic consequences of its disastrous policies. While the economy might be the 5th largest in the world, it’s debt and unfunded debt obligations (approx 3/4 of a Million $$ PER HOUSEHOLD) is staggering.... and with the highest tax rates in the nation already, it’s only going to get much worse, unless fundamental change is implemented (which is highly unlikely).
California is the most regulated state in the nation, with the greatest levels of homelessness, and an inadequate infrastructure, in extreme decay. All of this is no doubt a consequence of its public policies, which have resulted in the astronomical costs of real estate and costs of living.
There is a good article on the unsustainably of California on its current path from Forbes:
Facts are facts, and here is one that ought to cause questions .... why are people leaving this beautiful state in droves? The primary reasons are astronomical taxes, and the exploding costs of housing. Businesses are fleeing because of over-regulation ... and, according to the Forbes article, California is LAST PLACE in the nation in the measurement of quality of life.
If you’re ultra wealthy, California is a jewel ... if you’re a working man, it’s a huge struggle to live comfortably.
It's sad and grossly unethical that we are told an economy is incredibly prosperous, when it is based on spending money now and racking up debt to be payed by others down the road: https://californiapolicycenter.org/c...-1-3-trillion/
If my family earned $50,000 a year but spent $1 million a year -- and only had to pay artificially low interest rates since we controlled the system that applied them -- over a few decades we'd own mansions and giant yachts and Lear Jets, etc., and look like the richest people on the planet. But would we be really be wealthy? I guess if we could stick our kids with the bill, we would be--but our kids sure wouldn't enjoy life very much, with all our bills but none of our goodies.
Someone has to pay the Piper; you can't create wealth by printing monopoly dollars or "borrowing" money that someone else has to pay back with interest.
It's sad and grossly unethical that we are told an economy is incredibly prosperous, when it is based on spending money now and racking up debt to be payed by others down the road: https://californiapolicycenter.org/c...-1-3-trillion/
If my family earned $50,000 a year but spent $1 million a year -- and only had to pay artificially low interest rates since we controlled the system that applied them -- over a few decades we'd own mansions and giant yachts and Lear Jets, etc., and look like the richest people on the planet. But would we be really be wealthy? I guess if we could stick our kids with the bill, we would be--but our kids sure wouldn't enjoy life very much, with all our bills but none of our goodies.
Someone has to pay the Piper; you can't create wealth by printing monopoly dollars or "borrowing" money that someone else has to pay back with interest.
You describe Trump and the Republican congress perfectly
Trump likes to brag about GDP growth and low unemployment -- he can't do it without California's contribution. And then nearly every day somebody (usually an out-of-stater) will post something anti-California bleating about poverty rates, homeless, or junkies in the downtown L.A. or S.F., making it sound like the whole state is bad. It isn't.
California: No. 5 economy in the whole world. Americans in all 50 states should be saying "job well done" as a matter of national pride, not trashing us.
You are not an independent economy, and you don't have a defense budget like the UK does. So you are a nothingburger, just one state in a 50 state machine. It's the United States economy that is a valid entity. Not the California "economy". There is no California economy.
California is a place for rich people and foreigners who rush in for the great climate/scenery, drive up real-estate prices to ridiculous levels, and bring in cheap illegal-immigrants to work for them to offset the ridiculous prices and make their businesses artificially-competitive.
If you're not in Hollywood, Tech, or real-estate, then you better work for the government, otherwise you get to live with the illegal-immigrants and other impoverished people.
I've lived in California for 25 years and none of the above applies to me. I live in LA and make a good living, live in a nice and live in a nice, low-crime area (Burbank actually but the city of LA is two miles away (LA County has many independent cities). You are generalizing and the above statements are incorrect. California is a huge state with a very diversified economy. Yes, there are problems. There are things I like and dislike about the state government here. The worst is the housing costs - but that is because of the demand (location, location, location).
You describe Trump and the Republican congress perfectly
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