CA: State's forecast carries big 'if'

Sac Bee ^ | 7/3/03 | Gilbert Chan

[NormsRevenge]

The long-term prospects for California's sputtering economy to return to prosperity look bright, a Palo Alto research group predicted Wednesday.

But there's one dark cloud hovering over the road to recovery: The partisan bickering that has all but paralyzed the state Capitol.

[NormsRevenge]

More crap for the manure pit. Ping

[sr4402]

Political leaders also must reach an accord on spending cuts and temporary tax increases to erase a $38.2 billion budget deficit, Levy said. "The gridlock diminishes our attractiveness (to business)," he said.

"temporary tax increases" where have I heard that Lie before? Sounds like the reporter is pushing tax increases through the back door. Just another liberal reporter for tax increases.

[Steely Tom]

There's nothing about the California situation that annoys the bejeesus out of me more than all the partisan bickering that's going on out there. Even with the entire state government in the hands of left-wing democrats, the partisan bickering hasn't ended yet!Why can't you people just go ahead and line up every last Republican against the wall and shoot them! Then all your problems will be over, and life will start to look like an eight-lane superhighway straight into the glorious future!

(steely)

[Republicus2001]

And while California lost 46,000 jobs in the past year, the Sacramento area added 1,900 jobs.

I read in a Los Angeles Times traffic study that of the ten largest employers in the county, the top nine were all government, #10 being Kaiser-Permante Healthcare. It is very evident on Caesar Chavez or Martin Luther King Day (holidays that private sector can't afford to take off) when the LA freeway commutes are a breeze. You know the holiday is over when the snarling thugs race amid blaring horns and tailgating to make their return to the troughs...

[NormsRevenge]

Mindless belief in booming bureaucracy and growing govt programs seem to be the largest growtharea these days.

Are we being served.. or socialized?

[MonroeDNA]

We do business in Cali. We design, and build, custom test equipment for the medical device industry. We turn away work often--too busy!

Cali manufacturers simply can't compete with manufacturers in Florida. We charge less; yet our engineers have a higher standard of living than Cali engineers. Ours live in 3/2 or 4/3 houses, on 1/4 acre lots, in nice neighborhoods. Theirs live in apartments. And yes, I used to live in Cali.

Truth is, Cali is 38 billion in debt, this year alone. Discounting illegals, welfare queens, and other parasites, children, stay-at-home moms, that means the average engineer taxpayer owes around $10,000, for this year alone. Atlas needs to shrug.

In Florida, $40,000 a year less income than Cali will buy you a higher standard of living, and a booming economy. As I said, we turn away work.

(BTW, that is my second job, at night)