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At start of covid crisis last year everyone from state governments to economists and others were predicting catastrophic economic conditions never before seen in US history. None of it has come true...
California, New York, and many other states have so much money they don't know what to do with it all. Much of this came from federal bailout money that was supposed to be necessary, but also fact same states and others not only failed to suffer economic reversals during covid, actually raked in more money.
CA has so much money it's going to pay off *all* rent arrears *and* send vast sums back to state ratepayers as required by law whenever there is a budget surplus.
When facing a recall election buy as many votes as possible.
And treat dead beat tenants like a future crack customer by giving them free stuff. Don't even have to go to a street corner just do it from a government office.
At start of covid crisis last year everyone from state governments to economists and others were predicting catastrophic economic conditions never before seen in US history. None of it has come true...
California, New York, and many other states have so much money they don't know what to do with it all. Much of this came from federal bailout money that was supposed to be necessary, but also fact same states and others not only failed to suffer economic reversals during covid, actually raked in more money.
CA has so much money it's going to pay off *all* rent arrears *and* send vast sums back to state ratepayers as required by law whenever there is a budget surplus.
We did experience a catastrophic economic collapse for a brief period last year. The entire service sector of the economy severely contracted within a matter of weeks.
Luckily, we were aggressive with the stimulus and things stabilized.
Also, the reason California has so much money has more to do with the stock market performance over the past year and less to do with the bailout.
When facing a recall election buy as many votes as possible.
And treat dead beat tenants like a future crack customer by giving them free stuff. Don't even have to go to a street corner just do it from a government office.
We did experience a catastrophic economic collapse for a brief period last year. The entire service sector of the economy severely contracted within a matter of weeks.
Luckily, we were aggressive with the stimulus and things stabilized.
Also, the reason California has so much money has more to do with the stock market performance over the past year and less to do with the bailout.
I like how you missed mentioning the cause of the collapse...politicians and bureaucrats.
At start of covid crisis last year everyone from state governments to economists and others were predicting catastrophic economic conditions never before seen in US history. None of it has come true...
California, New York, and many other states have so much money they don't know what to do with it all. Much of this came from federal bailout money that was supposed to be necessary, but also fact same states and others not only failed to suffer economic reversals during covid, actually raked in more money.
CA has so much money it's going to pay off *all* rent arrears *and* send vast sums back to state ratepayers as required by law whenever there is a budget surplus.
At start of covid crisis last year everyone from state governments to economists and others were predicting catastrophic economic conditions never before seen in US history. None of it has come true...
California, New York, and many other states have so much money they don't know what to do with it all. Much of this came from federal bailout money that was supposed to be necessary, but also fact same states and others not only failed to suffer economic reversals during covid, actually raked in more money.
CA has so much money it's going to pay off *all* rent arrears *and* send vast sums back to state ratepayers as required by law whenever there is a budget surplus.
We did experience a catastrophic economic collapse for a brief period last year. The entire service sector of the economy severely contracted within a matter of weeks.
Luckily, we were aggressive with the stimulus and things stabilized.
Also, the reason California has so much money has more to do with the stock market performance over the past year and less to do with the bailout.
Wow, it must have been some work to try and memorize the Liberal Talking Points. I guess Newsom has your vote already, so he probably doesn't need to send you any more money.
The "service sector" contracted because the Governor told businesses you have no right to earn a living. So he shut them down.
The stimulus sure did work great. Apparently, no one used it to actually pay their bills as not only is Rent severely in arrears but so are utilities and other bills that people should have paid. But Amazon and big-box retail stores are doing great with everyone buying those nice TV's and luxury items.
You should at least try and get on the same page as the Government. I don't think I heard him once credit his financial expertise in the Stock Market as why we have a surplus.
How does it feel to know your federal tax dollars went to bail out losers and deadbeats who blew their money on bitcoin and the latest smartphones?
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