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Old 07-12-2009, 10:14 PM
 
Location: San Jose
1,862 posts, read 2,385,353 times
Reputation: 541

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There is a thread discussing a comparison study between Cal & Texas in the California forum:

http://www.city-data.com/forum/calif...-vs-texas.html
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Old 07-12-2009, 10:15 PM
 
Location: Foot of the Rockies
90,297 posts, read 120,704,934 times
Reputation: 35920
Yes, I am aware that California has oil reserves off shore. I have been to Venice Beach and seen the oil rigs.
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Old 07-12-2009, 10:52 PM
 
Location: Austin, TX
1,065 posts, read 1,755,699 times
Reputation: 476
Quote:
Originally Posted by Bagger View Post
There is a thread discussing a comparison study between Cal & Texas in the California forum:

http://www.city-data.com/forum/calif...-vs-texas.html

Great article! Hard to belive some on this board refuse to see the role high taxes and spending have played in creating California's current problems.

How much you guys wanna bet these same people aren't business owners in CA? What is sad is that Obama is taking this country in the same exact direction as CA. Unless voters wake up and realize whats going on we are all going to be in for a mess.
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Old 07-13-2009, 04:34 AM
 
3,282 posts, read 5,200,138 times
Reputation: 1935
Quote:
Originally Posted by jdevelop2 View Post
Thats called living in denial. California taxes businesses and individuals more in order to fund entitlements. That is liberal. That is at the very core of California's problems.
Georgia, North Carolina, Virginia, and Arizona face deficits. Neither of those could be called Liberal states.
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Old 07-13-2009, 04:35 AM
 
3,282 posts, read 5,200,138 times
Reputation: 1935
Quote:
Originally Posted by coastalrap View Post
So business is moving out of CA because they assume the grass is greener somewhere else? The high taxes and the brain drain has nothing to with it? Could it be those pastures really are greener?

And it's always the states that enjoy spending and taxing more that have those budgetary shortfalls. It really doesn't make a difference what letter is after the names of the majority, it's how much they find it necessary to take money from the producers to hand out for votes.

States like CA, NY, NJ is seeing what happens when you go the the well a little too often.
when Texas fills up to it's potential, they will raise taxes, and then other states will lower them, and businesses will move to those other states. It's been happening forever. Now is nothing spectacular. States always boast about low tax rates when they need to attract business. Then when they succeed, they crank the heat right up.
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Old 07-13-2009, 12:34 PM
obo
 
916 posts, read 985,704 times
Reputation: 204
Quote:
Originally Posted by AnUnidentifiedMale View Post
That's a very simplistic comparison, and inaccurate.

You're forgetting about all of the states that are more liberal than California and actually have fewer budgetary problems.

You're forgetting about the fact that some conservative states are also having big economic problems (Arizona is one of them).

You're leaving out the fact that only two states (Montana and North Dakota) were able to balance their budgets this year.

And you're missing the real reasons for the problems in California. It's not about Democrats versus Republicans, or liberals versus conservatives. This article explains it in some detail:

Why California can't be governed - Los Angeles Times (http://www.latimes.com/la-oe-roberts25-2009jun25-test,0,570121.story - broken link)

Other source: Fiscal crisis takes toll on California's bond ratings
there is no state more liberal and more moronic than California. Texas accrued a 9billion dollar surplus in the last 6 years. I think the OP has a really good point.
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Old 07-13-2009, 12:45 PM
 
Location: here.
1,359 posts, read 2,291,298 times
Reputation: 438
Quote:
Originally Posted by jdevelop2 View Post
Any one else find it intersting to see how Texas's conservative economic policies have allowed Texas to prosper and weather the economic storm relatively well while California's liberal economic policies have basically bankrupted the state?
yeah so interesting that the Texas way of doing things got us into this current mess.
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Old 07-13-2009, 12:54 PM
 
Location: Universal City, Texas
3,109 posts, read 9,836,515 times
Reputation: 1826
Quote:
Originally Posted by Katiana View Post
On this board, you will never see a conservative say they are wrong, even when it's staring them in the face!

Texas has oil. That's a big plus for them. The state with the lowest unemployment rate, at least last month, was Nebraska. It's pretty red, but yet, taxes are higher there than some other places.
California has oil, they just don't want to go out in the Pacific and drill. Afraid it will hurt their little state, but they don't mind taxing weed.
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Old 07-13-2009, 12:54 PM
 
769 posts, read 887,373 times
Reputation: 199
Quote:
Originally Posted by SouthCity09 View Post
yeah so interesting that the Texas way of doing things got us into this current mess.

Sounds like an unfactual soundbite. If you can prove this, I'll take it (don't post some opinion column either). Just look at what the "California" way has gotten them, and rejoice as you see it applied across the board.
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Old 07-13-2009, 12:57 PM
 
Location: Universal City, Texas
3,109 posts, read 9,836,515 times
Reputation: 1826
Quote:
Originally Posted by Hoarfrost View Post
when Texas fills up to it's potential, they will raise taxes, and then other states will lower them, and businesses will move to those other states. It's been happening forever. Now is nothing spectacular. States always boast about low tax rates when they need to attract business. Then when they succeed, they crank the heat right up.
That may be right! Californians will move in and change the political scene and make it into another California, God help us!!
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