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And the hole gets deeper - 5/13/2012 4:57:33 AM

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LOS ANGELES — The state budget shortfall in California has increased dramatically in the last six months, forcing state officials to assemble a series of new spending cuts that are likely to mean further reductions to schools, health care and other social programs already battered by nearly five years of budget retrenchment, state officials announced on Saturday.

“We are now facing a $16 billion hole, not the $9 billion we thought in January,” Mr. Brown said. “This means we will have to go much further and make cuts far greater than I asked for at the beginning of the year.”

[...] he aggressively accounted for the steps he said he had taken to try to scale back a $26 billion deficit he found upon taking office. And he urged viewers to back an initiative he is putting on the November ballot that would increase sales taxes by 0.25 percent and impose an income tax surcharge on wealthy Californians to try to stave off more cuts.

So Cali has an increasing shortfall. Gotta pay for it. But just what is being paid for in the first place? Why, those very things that created the shortfall. So just how does one go about paying for it? Why, the same way its been paid for for years. Problem is, people will only go so far till they vote with their feet. For those who cannot, enjoy the sales tax increase and cuts to the trough.

In the short run Cali can do what it says it needs to do and therefore project a savings against the shortfall. Problem solved. At least on paper. But, why isn't it the $9b thought in January? Why doesn't what's on paper equal reality?

Here's a bit of reality for Cali. I foresee rising shoe sales. That should help a little, or not.

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RE: And the hole gets deeper - 5/13/2012 5:15:18 AM

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California's bad idea, voter initiatives, is finally coming home to roost.

The state can no longer hide the structural failings the various voter initiatives have created by growing. Their only choice is to repeal those cherised, but terribly dumb, ideas.

(in reply to Yachtie)

RE: And the hole gets deeper - 5/13/2012 7:18:15 AM

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Ken hit it square on. Voter initiative *sounds* like a good idea, but it lacks all of the necessary choices in realistic government, and it worsens the financial situation by forcing choices everyone knows are stupid, but voter mandated--for example, paying overtime instead of hiring new workers in a hiring freeze. It also prevents investment in better future decisions.

Don't cut programs, but don't approve funding. That's the mandate from the voters, and it can't be done. The hole will continue to get deeper until voters learn to face reality. I don't see that happening.

< Message edited by Musicmystery -- 5/13/2012 7:19:00 AM >

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RE: And the hole gets deeper - 5/13/2012 8:38:10 AM

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California finances look like typical American left wing case to me: expansion of the government, high taxes, ever expanding regulations, corruption in public sector destroying the prosperity. Perhaps most agree potentially California could be the most prosperous and fiscally sound state with agriculture, aerospace industry, high-tech and entertainment.

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RE: And the hole gets deeper - 5/13/2012 8:51:32 AM

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California has 12% of the US population, and a third of the nation's welfare caseload. Our state university system has more full-time administrators than it has full-time teachers. Special interests dominate Sacramento. Brown's idea of a "budget cut" is to move the billing from the state, to the local jurisdictions, by way of unfunded mandates.

"It's the bureaucracy, stupid," to paraphrase Carville.

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RE: And the hole gets deeper - 5/13/2012 9:17:33 AM

Mupainurpleasure

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California also pays more in taxes to the federal goverment than it gets back in benifits. It's property ttax system is the msot unfair system in the nation;. It also had to subsidize low waSur a third are on welfare programs but it isnt there fault we allow comanies to saddle us with labor costsge ewmployers because our minimum wage is no longer a living wagefirst page after the index in walmart employee manual is medicaid information

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RE: And the hole gets deeper - 5/13/2012 12:41:20 PM

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Davis not working out? Vote in a Moviestar who can make menacing two-liner political speeches. Oh, Hiring the Terminator didn't work? HEY why not make every Californian a legislator by petition and panic! Shit ...WTF... the States So expensive... Hety I got it Jerry Brown's hair's all white'n'shit... He's gotta be conservative by now!

Friends Shouldn't Let Californian Friends Vote Drunk.

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RE: And the hole gets deeper - 5/13/2012 12:51:41 PM

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quote:

Ken hit it square on. Voter initiative *sounds* like a good idea, but it lacks all of the necessary choices in realistic government, and it worsens the financial situation by forcing choices everyone knows are stupid, but voter mandated--for example, paying overtime instead of hiring new workers in a hiring freeze.

I have a good friend who's been an expat from Cali since 98. He very often says "California's great big swatch of right leaning independents has made more bad decisions about their leaders than Heidi Fleiss has about what she puts in her mouth."

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RE: And the hole gets deeper - 5/13/2012 12:57:48 PM

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quote:

ORIGINAL: Yachtie
So Cali has an increasing shortfall. Gotta pay for it. But just what is being paid for in the first place? Why, those very things that created the shortfall. So just how does one go about paying for it? Why, the same way its been paid for for years. Problem is, people will only go so far till they vote with their feet. For those who cannot, enjoy the sales tax increase and cuts to the trough.
In the short run Cali can do what it says it needs to do and therefore project a savings against the shortfall. Problem solved. At least on paper. But, why isn't it the $9b thought in January? Why doesn't what's on paper equal reality?

Tax revenues falling short of projected revenues. Now, the R's will say that they were railing against the overly optimistic numbers from the start, but since I'm not quite in Cali, I can't support or refute that. Would be interesting to see the truth in that.

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RE: And the hole gets deeper - 5/13/2012 2:52:25 PM

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quote:

ORIGINAL: Fellow

California finances look like typical American left wing case to me: expansion of the government, high taxes, ever expanding regulations, corruption in public sector destroying the prosperity. Perhaps most agree potentially California could be the most prosperous and fiscally sound state with agriculture, aerospace industry, high-tech and entertainment.

Actually California's finances are reflective of libertarian tax policy, especially prop 13, mixing with a state where it is politically impossible to cut government services to a level equal to that of 1925.

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RE: And the hole gets deeper - 5/13/2012 5:24:20 PM

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To get that mess straightened out, CA will have to do what Wisconsin is doing. I'm guessing it won't happen.

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RE: And the hole gets deeper - 5/13/2012 5:54:30 PM

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quote:

Actually California's finances are reflective of libertarian tax policy, especially prop 13, mixing with a state where it is politically impossible to cut government services to a level equal to that of 1925.

Actually Ken. What you think of as "Cali Libertarians" is basically right wingers like WillBe and his friend there who's name escapes me, after they slip that last cog.

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RE: And the hole gets deeper - 5/13/2012 10:36:10 PM

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quote:

ORIGINAL: servantforuse

To get that mess straightened out, CA will have to do what Wisconsin is doing. I'm guessing it won't happen.

If CA tried to do what going in WI, then CA would have the second worst jobs rate in the country because WI has the worst.

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RE: And the hole gets deeper - 5/14/2012 12:53:14 AM

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Well remember we voted in Jerry Brown, he screwed up last time and now he doing it again. The he can't even get support from his own party.

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RE: And the hole gets deeper - 5/14/2012 2:37:49 AM

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quote:

ORIGINAL: servantforuse

To get that mess straightened out, CA will have to do what Wisconsin is doing. I'm guessing it won't happen.

How would giving tax payer money to croneys and shilling for campaign funds help California?

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RE: And the hole gets deeper - 5/14/2012 3:07:40 AM

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quote:

ORIGINAL: DomKen

quote:

ORIGINAL: servantforuse

To get that mess straightened out, CA will have to do what Wisconsin is doing. I'm guessing it won't happen.

How would giving tax payer money to croneys and shilling for campaign funds help California?

I believe he's talking about forcing public unions to pay a miniscule portion of their over inflated salaries for benefits... But you knew that, and as long as Cali is burdened with public union pensions, they'll never get above water.

Cali's budgetary problem has nothing to do with referendums, it's all on the Dem's and the unions they supported, much to the determent of the non union citizens.

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RE: And the hole gets deeper - 5/14/2012 3:51:09 AM

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The unemployment rate in WI is 6.8 % which is certainly not the worst in the country. The 3.3 billion dollar deficiet this state had just a year ago is gone. A surplus is projected for the coming year. Scott Walker and the republicans went through hell and back last year but they had the stones to do what needed to be done.

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RE: And the hole gets deeper - 5/14/2012 10:41:48 AM

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quote:

California has 12% of the US population, and a third of the nation's welfare caseload.

40% of illegals?

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1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

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RE: And the hole gets deeper - 5/14/2012 10:45:15 AM

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You know, this isn't like me; but, sometimes I feel sorry for Jerry, and even Arnold.
Who in the world would want the job of Gov of Cal?

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1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to Nosathro)

RE: And the hole gets deeper - 5/14/2012 10:46:37 AM

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quote:

Cali's budgetary problem has nothing to do with referendums, it's all on the Dem's and the unions they supported, much to the determent of the non union citizens.

They also have a long, complicated, and hugely expensive problem with illegals.

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to subrob1967)

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