Quote (Landmine @ 21 Dec 2016 20:07)

Nice cut and paste of tidbits with in the article. Watch I can do the same.


"We have an enormous budget problem, and that's because of the structure of our revenue system, not because of the fundamentals of the California economy," said Thornberg. "California has turned around and taken the volatility of the stock market and made it the central component of the revenue system. There's nothing right about that, because what it means is that we're constantly in either boom or bust."


"Last month, Moody's Investors Service conducted a "fiscal stress test" on the nation's four most populous states and found California's preparedness for a recession "weaker" than the others. It cited the Golden State's highly volatile tech industry and California's reliance on personal income taxes, particularly from top earners."

Quote (AiNedeSpelCzech @ 21 Dec 2016 18:49)

I read it AND I'm not too stupid to separate facts from opinions

It's a nice combo, you should try it

Quote (AiNedeSpelCzech @ Dec 21 2016 09:13pm)

Nice cut and paste of some randhat economist's opinion, it's almost like:



Meanwhile, the Moody's test is about the volatility of the economy, which is literally the thing being compensated for by Jerry Brown in literally all of the quotes that I pasted, which you'd understand if you were smart enough to comprehend what you were reading instead of just vomiting up garbage.

ETA: HOLY FUCKING LOL

You added in two quotes about the dangers of Prop 30 not being extended even though I literally just told you in the EXACT POST THAT YOU'RE QUOTING that it has already been extended thanks to Prop 55.

This is an utter embarrassment, please never try to get big again if this is the best you can do.

Quote (Landmine @ 21 Dec 2016 20:25)

I edited my response due to the idiocy based on the California voter by allowing such a tax to hit the 1%.

Quote (AiNedeSpelCzech @ Dec 21 2016 09:30pm)

Wow, you edited your post so that you could pretend you aren't embarrassingly ill-informed. Great stuff.

If you ever want to be a man and just admit when you made a mistake, lmk

Quote (Landmine @ 21 Dec 2016 20:38)

I made a mistake by thinking I was at the end of your statement. I also made a mistake by assuming they wouldn't pass a tax on the 1% that would extend until 2031, but I see they surpassed that and took greater steps to tax the 1%. That doesn't change the fact that California will eventually fail. Increasing the tax is like putting a bandage on a cut that never quits bleeding.

Quote (Landmine @ Dec 22 2016 03:30am)

That's the point of the electoral college. Delegates are based on the population of the state. Its purpose is to make sure every state has a voice in the election. More states choose Trump and democracy worked. If it was the way the left wanted it then only the states with huge populations would matter. That's not a democracy, but an attack on democracy itself.





When I quoted I didn't notice your last edit. The delegates based through the states is to make sure certain areas don't take away from the voices of smaller rural areas.

Quote (AiNedeSpelCzech @ Dec 21 2016 09:42pm)

You 'assumed' that something that happened over a month ago wouldn't happen and you're pretending you're informed on this subject.

It takes more than one article to understand the California economy, sorry kiddo. The fact that you're still trying to defend your ill-informed garbage instead of just admitting that you don't know what you were talking about is straight up embarrassing.

Quote (Landmine @ 21 Dec 2016 20:54)

So is there any article that states your claims that California is not facing a recession? Other than your babble and declairing victory over a law passed. Also your state is relying on the taxes of the rich and the stock market. I don't think you realize the concern with that alone.

Quote (AiNedeSpelCzech @ Dec 21 2016 10:16pm)

Yes, try to keep the subject changed instead of admitting you have no idea what you're talking about.

At least I taught you something today. You'll probably forget it by next week, but hey. Every little bit is progress.

Quote (Landmine @ 21 Dec 2016 21:20)

The recession of California was the topic.