The future of California. (downturn, spend, best, bill)

[T-310]

Originally Posted by RaymondChandlerLives

Your low cost of living stems from Nevada's distinct lack of desirability--a common trait among red states too.

You mean like Detroit? A blue state city?

[AnUnidentifiedMale]

Originally Posted by T-310

You mean like Detroit? A blue state city?

Looks like a number of Republican-run states are doing poorly too:

The Best and Worst Run States in America: A Survey of All 50 - 24/7 Wall St.

If only it were as simply as red versus blue... Sorry, but running a successful government is more complicated than that.

[gunlover]

Originally Posted by RaymondChandlerLives

Your low cost of living stems from Nevada's distinct lack of desirability--a common trait among red states too.

yeah that is it, or the lack of miles of red tape, fair market principles and no personal or corporate income tax.

[italianuser]

Originally Posted by gunlover

We don't have a personal or corporate income tax, they are forbidden under the Nevada State Constitution, A part time state legislature which has resulted in low tax, low cost of living, we don't tell you want to do with YOU MONEY that YOU WORKED HARD TO EARN.

Does it change the FACT that Nevada's economy is:

1) tourism;

2) gambling;

3) prostitution.

Sorry, in California there is a diversified economy.

[Zelva]

Originally Posted by italianuser

Does it change the FACT that Nevada's economy is:

1) tourism;

2) gambling;

3) prostitution.

Sorry, in California there is a diversified economy.

Yeah, it's diversified if you don't use any energy (CA cap and trade)..... basket-weaving will likely make a come-back.

[Think4Yourself]

Originally Posted by Zelva

Yeah, it's diversified if you don't use any energy (CA cap and trade)..... basket-weaving will likely make a come-back.

My butt. California is the 3rd largest oil producer and the 2nd largest natural gas producer. But I'm sure you won't let facts get in your way.

[my54ford]

Originally Posted by Think4Yourself

My butt. California is the 3rd largest oil producer and the 2nd largest natural gas producer. But I'm sure you won't let facts get in your way.

Got to wonder why they have they most expensive gas in the country? Must be all that tax on fuel to keep the welfare rats alive......

[Curmudgeon]

Originally Posted by my54ford

Got to wonder why they have they most expensive gas in the country? Must be all that tax on fuel to keep the welfare rats alive......

Not just taxes. California gas is like Korean kimchi. There's the summer variety and there's the winter variety. Each is a different formula and it's sold nowhere else. I think they consulted wine makers to come up with them since they're used to blending varietals. Perhaps they're charging corkage fees at the pumps. Since they're exclusive to California they cost more than the just plain ol' gas the rest of the country's commoners can purchase in other states.

[Think4Yourself]

Originally Posted by my54ford

Got to wonder why they have they most expensive gas in the country? Must be all that tax on fuel to keep the welfare rats alive......

The tax difference is only about $0.20 per gallon but the main reason is the special formulation for gasoline which is only good in this state as that means virtually no gas gets imported from outside the state. So, who lobbied long and hard to get this special gas formulation? The four oil companies which own or control 80% of the refining capacity in the state did because it means they get the whole California market to themselves and don't have to worry about out of state refineries shipping gas in and denting their profits.

It's just another example of big business corruption in the political process.

[dv1033]

People seem ignorant about the Bay Area being one of the worlds best economic regions........... They only focus on So Cal which isn't doing so well....