California to have 9 billion dollar surplus by 2017

Fungus Gnat

Well-Known Member
(11-14) 12:47 PST Sacramento --
After years of double-digit deficits, California faces just a $1.9 billion budget gap next year, according to the Legislative Analyst's Office.
The annual fiscal outlook released by the analyst Wednesday showed a "dramatically smaller budget problem" than the state has faced in recent years, according to the report. One year ago, the analyst pegged the problem at $13 billion, and it was $25.4 billion the year before that.
The report cites the improving state economy, prior budget cuts and the passage of the Proposition 30 tax measure as the factors for the sharp improvement. By 2014, the state will have a surplus of $1 billion and that will grow to more than $9 billion by 2017, according to the fiscal outlook.
Next Greece!!!!!!!
 

UncleBuck

Well-Known Member
We used to be the 4th... I feel like those days may return... hopefully with another dot com boom!
i don't think you guys were ever fourth. you guys may have been as high as 6th at one point when italy was in the shitter, but italy came back somewhat and brazil is growing rapidly.
 

UncleBuck

Well-Known Member
Yep, you can make debt go completely away with a few well planned bankruptcies.

Why would I be butthurt that California is doing so amazingly well that it will soon be the 9th largest economy?
you seemed awfully butthurt by his simple listing of a fact.
 

mccumcumber

Well-Known Member
i don't think you guys were ever fourth. you guys may have been as high as 6th at one point when italy was in the shitter, but italy came back somewhat and brazil is growing rapidly.
Just checked wikipedia, it said 5th...
In other news I heard Brazil is fucking awesome. I really want to visit.
 

UncleBuck

Well-Known Member
Just checked wikipedia, it said 5th...
In other news I heard Brazil is fucking awesome. I really want to visit.
my former boss turned customer is in south america on work. here is what she had to say about sao paulo:

- the girls all dress up way more than Americans, but still manage to look that "European casual" look
- everyone says thank you! (Obrigado!) This is a big change from Canada.
- everyone is polite, holds elevators doors, let women go first, etc. Big change from Canada.
- they use "Ciao" for goodbye as well.
- they all kiss, but just the one cheek. And they purposely go to every person in the office to kiss "hello/ good morning" and the same for "ciao ciao/ goodnight" at close of day.
- "the lion sleeps tonight" is known everywhere.
- the food is kick ass. and pretty cheap.
- frozen yogurt places are popular here too.



talked about health care & economy a bit today w people from Brasil & Argentina: they said healthcare all free, but like Canada you will probably die in the E.r. before you see anyone. They noted that basic schools are horrible and "barely teach the poor people how to read & write." they noted the public universities are completely free - wow. they noted clothes & accessory shopping is $$ and it's cheaper for them to get a flight to Miami & shop there and that a lot of people do this when they're going to have a baby - they go to Miami & get everything from strollers to baby clothes in the States.

there is a huge underground mall btw the WTC and the Hilton I'm staying at. We went to a really crowded buffet there and the girls LEFT THEIR PURSES AT THE TABLE and said it was safe. (I of course, kept mine with me). Just amazed me as I was thinking (not saying) "we're in Brazil people!!!" But, nothing happened, so kudos to the honest people of Brasil.
 

Dr Kynes

Well-Known Member
anyone who believes that california will see even a reduction in the massive deficit any time in the next decade is retarded.

governor moonbeam fucked us all over with another budgetary sleight of hand, where PROJECTED incomings were double counted, cuts to the "social safety net" were counted twice, while pretending they never happened at all, and new expendistures were called "capital investments" and cut out of the figures.

6 million dollars a day, 365 days a year for the next 6-10 years for a "no longer High Speed" rail boondoggle between SF and LA. yes. its not even gonna be high speed rail anymore, regular train bullshit which we already have, and doesnt even pay for itself with federal grants and subsidies.

another smooth move from the EX-LAX governor.
 

HotCheetos

Well-Known Member
Slo-mo rail and the government says it will be 70 billion. They spin it as "a cost effective solution to eliminate expensive and unneeded rail varieties." Translation from Government to English: It ain't high speed anymore! And it still costs 70 billion! You could get a round trip San Fran/LA plane ticket for under 200 freakin' dollars! You could buy almost 400 MILLION plane tickets at that below 200 price. Unless you wanted to go to that burgeoning hub of culture and commerce, Bakersfield. :lol:

Instead of sitting on a sucky little train for an eternity you can do that plane ride in like 2 and a half hours with all the baggage, security hooplah, showing up early, getting your bags etc. For under 200 bucks! Who will take a slow rail train over that? Why sit on a 150 mile an hour train when you can be on a 600 mile an hour plane?

Where will Governor Moonbeam and the Never Tax, Never Cut pixie dust huffing retardos in the legislature come up with 70 bil for this? Oh right, out of the taxpayer's pockets who get bled dry for all sorts of welfare garbage and government bungling. No wonder hundreds of thousands of people paying for this clown act leave every year.

Edit: California is the land of magical unicorns shitting diamonds when it comes to accounting. They think 95 million people a year will use slo-mo trains to SF and LA. Here's what I say to that: GTFO. It will never happen.
 

Harrekin

Well-Known Member
I'm sure the Commies running California will find a way to spend any projected surplus.

They're fierce quick to "balance the budget" when there's a surplus ;)
 
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