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To: A CA Guy
I just heard last night that the state of California will experience a $12 billion dollar deficit this year. That can't happen by law. The budget has to be balanced. This should get real interesting.

Big business has been fleeing the state for over a decade. White flight has a problem. In short, the income base, tax base of California is fleeing the state. I wonder where the liberals think they're going to find their golden egg laying goose.

California is done. Stick a fork in it.

5 posted on 11/23/2001 8:22:20 PM PST by DoughtyOne
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To: DoughtyOne
California has the best Real Estate in this country. It is the ONLY reason we have not been done for by now. Everybody seems to want to move here.

I can go to the mountains, seashore and beach all in one day. We are getting over populated and they keep building dwellings despite the fact there isn't enough natural resources to support us all. We don't have the water or energy. My house is valued around $325,000 and shouldn't be going for more than $190,000. It's nuts.

12 posted on 11/23/2001 9:50:15 PM PST by A CA Guy
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To: DoughtyOne; A CA Guy
California officials are considering cuts to the $26-billion budget for Medi-Cal, the state's version of Medicaid.

< SNIP >

Nearly 6 million Californians were eligible for Medicaid last month, up 700,000 from a year earlier.

27 posted on 11/24/2001 2:36:01 AM PST by sarcasm
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To: DoughtyOne
Part of the problem is that CA is an expensive state to do business in. Worker's comp is very high here- and everyone's heard of our electricity fiasco.
36 posted on 11/24/2001 7:29:40 AM PST by SCalGal
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