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10 states in trouble


dmarc117
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it has nothing to do with spending and bad budgeting?

 

of course it does....but the study by the Pew Foundation recognizes that these problems could have been prevented, as 5 commissions recommended on 5 different occasions to get people to understand that raising taxes could prevent this...and they still couldn'g get it done.

 

You sound like many today....would rather sit and point fingers at to what go us here, rather than be proactive and find ways to get us out.

 

The states need to figure out how to raise revenue and make cuts and that is a political challenge in many states."
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You sound like many today....would rather sit and point fingers at to what go us here, rather than be proactive and find ways to get us out.

 

There is a lot of that going on these days . . . from both sides of the spectrum . . .

 

How bad does it have to get for Nevada? Some of those troubled states are talking about allowing casinos, which could siphon away gambling receipts in Vegas. Open casinos in Cali would KILL Vegas, IMO.

 

Heck I have access to riverboats in Illinois, but still drive to play at the "real" casinos allowed in Indiana to play poker . . . . If there were real casinos here I sure as heck wouldnt make the trip . . .

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of course it does....but the study by the Pew Foundation recognizes that these problems could have been prevented, as 5 commissions recommended on 5 different occasions to get people to understand that raising taxes could prevent this...and they still couldn'g get it done.

 

You sound like many today....would rather sit and point fingers at to what go us here, rather than be proactive and find ways to get us out.

 

well no sh1t raising taxes would fix the problem.

 

let me get this straight, your saying low taxes is the real problem? not bad planning and spending?

 

i want a bigger house, i should tell my boss to pay me more!

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Why would pumping $1B worth of economic stimulus into the stumbling CA economy be a bad thing? Wouldn't it create thousands and thousands of jobs, as well as millions and millions of dollars in ongoing tax revenues?

 

Assuming it does cost $1B to build, and say $700M is spend within the borders of CA, wouldn't that equate to some massive sales taxes for this broke state?

 

Sometimes, you have to invest money in order to make money.

 

 

we need to save our money...not spend it...our wealth was built on saving...not investing...

 

the money can be better used than in a stadium.....come on now..

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of course it does....but the study by the Pew Foundation recognizes that these problems could have been prevented, as 5 commissions recommended on 5 different occasions to get people to understand that raising taxes could prevent this...and they still couldn'g get it done.

 

You sound like many today....would rather sit and point fingers at to what go us here, rather than be proactive and find ways to get us out.

 

Perhaps it may have been more wise to not spend at the rate they did in the first place. Not collecting enough taxes is not the problem - a lack of very basic financial planning is the probelm.

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Hold on there - I agree about the spending problems. Politicians are like drunken sailors. That said, when Minnesota was running a surplus a few years back, it was the Republicans and anti-tax people screaming that they wanted refunds, which they got. That should have gone into a rainy day fund so don't put all the blame on politicians, some of the blame belongs with the shortsighted voters too.

 

What? Who but the politicians gave the refunds back to the citizens? Were the voters writing checks to themselves?

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Why would pumping $1B worth of economic stimulus into the stumbling CA economy be a bad thing? Wouldn't it create thousands and thousands of jobs, as well as millions and millions of dollars in ongoing tax revenues?

 

Assuming it does cost $1B to build, and say $700M is spend within the borders of CA, wouldn't that equate to some massive sales taxes for this broke state?

 

Sometimes, you have to invest money in order to make money.

 

 

Sales taxes are only collected on sales. That only applies to retail sales in California. Thousands and thousands of jobs? Only in some alternative reality.

 

The lesson from California is one history has taught us all: "Absolute power corrupts absolutely." The CA legislature has been democrat forever. They have ruined the state.

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What? Who but the politicians gave the refunds back to the citizens? Were the voters writing checks to themselves?

Don't be naive. The give-it-back crowd held the re-election keys and the prevailing mentality across the entire country was to not look further than next week. There were few people saying put the money in escrow - it was either "spend it on more services" or "give it back". "Give it back" won. Neither was the right answer.

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Sales taxes are only collected on sales. That only applies to retail sales in California. Thousands and thousands of jobs? Only in some alternative reality.

 

The lesson from California is one history has taught us all: "Absolute power corrupts absolutely." The CA legislature has been democrat forever. They have ruined the state.

 

Yeah, not like those awesome Republicans who after 6 years of controlling everything made the world SuperAwesome! :wacko:

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