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View Diary: Poor Mickelson: "Regrets his comments" (135 comments)

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  •  California is a poorly run state. (1+ / 0-)
    Recommended by:
    shrike

    That, alone, is good reason to leave.  

    Intolerance betrays want of faith in one's cause. - Gandhi

    by SpamNunn on Tue Jan 22, 2013 at 07:09:13 PM PST

    •  Gee... I thought CA was in the black... (4+ / 0-)
    •  Poorly run? (4+ / 0-)
      Recommended by:
      sethtriggs, sukeyna, CA wildwoman, howd

      Are you referring to Arnold, or or the minority party who held the state hostage the past 8 years, the Enron debackle years and the state getting riped off for billions, or something else?

      Republicans - they measure our national success by corporate profit margin, not the well being of the citizens.

      by egarratt on Tue Jan 22, 2013 at 08:20:26 PM PST

      [ Parent ]

      •  It's been poorly run for a long time (3+ / 0-)
        Recommended by:
        CA wildwoman, renzo capetti, SpamNunn

        The fundamental problem started in the dotcom boom when the state had a windfall from taxes on exercised stock options as the dotcom companies went public. It caused a big spike in state revenues. Rather than spending the extra money on one time events like building schools, fixing roads and shoring up public buildings to meet earthquake codes, or building a big reserve for a rainy day,  it just baked the extra revenue into the standard state budget and raised expenses to meet revenues. When the dotcom bubble burst we now had a state budget that had expenses that were $10-15 billion a year out of balance and stayed out of balance until this year when Prop 30 was passed.

        "let's talk about that"

        by VClib on Tue Jan 22, 2013 at 08:39:21 PM PST

        [ Parent ]

        •  Doesn't Help That Calif Only Gets 78 cents ... (0+ / 0-)

          ... on the dollar it pays into the Federal Government back while all those "fiscally responsible" Red states run by Republicans get subsidized by California tax payers.  

          I have to believe that if California got back exactly what they paid in to the Feds, they would have way more than $10-15B to cover their shortfall.

          Poor man wants to be rich. Rich man wants to king. And the king ain't satisifed until he rules everything. B.Springsteen

          by howd on Wed Jan 23, 2013 at 01:51:33 PM PST

          [ Parent ]

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