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2023-05-13 Economy
Newsom announces California budget deficit much larger than previously expected
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Posted by Besoeker 2023-05-13 02:53|| || Front Page|| [12 views ]  Top

#1 LSD mission accomplished.
With little more than hot air, they solitified the Black vote and established themselves as their champions owners if they want $$$$$$ they never earned
Posted by NN2N1 2023-05-13 04:40||   2023-05-13 04:40|| Front Page Top

#2 those designed to provide tax refunds and help people with their utility bills.

In other words, the lower class. Got to keep the graft flowing.
Posted by Procopius2k 2023-05-13 07:11||   2023-05-13 07:11|| Front Page Top

#3 Subsidies don't make anything "more affordable." It's just one market distortion papered over another one.

See: College tuition
Posted by M. Murcek 2023-05-13 07:54||   2023-05-13 07:54|| Front Page Top

#4 Eventually the tide California retirement commitments will overtake the entire state. Newsom is fashioning sand castles and ignoring truth.
Posted by Super Hose 2023-05-13 09:15||   2023-05-13 09:15|| Front Page Top

#5 Blue states have big plans for the tax revenues of balanced budget states.
Posted by M. Murcek 2023-05-13 10:08||   2023-05-13 10:08|| Front Page Top

#6 ...Blue states are too big to fail™ as the saying goes.
Posted by magpie 2023-05-13 10:22||   2023-05-13 10:22|| Front Page Top

#7 Is it any wonder they dragged out the Fauci Flu emergency for so long? Lots of dough there, much of it ending up in Caliphornia, Illinois, Nueva York...I think you see a trend there.
Posted by DooDahMan 2023-05-13 11:09||   2023-05-13 11:09|| Front Page Top

#8 All that debt and nothing to show for it.
Posted by Abu Uluque 2023-05-13 11:29||   2023-05-13 11:29|| Front Page Top

#9 Evidently the American public has no idea or concern that the Feds (and maybe certain states) have absolutely no intention on paying off the debt. Meanwhile, McConnell's race horses found protection in a covid Fauci Flu relief bill. Money well spent, I'm sure.
Posted by DooDahMan 2023-05-13 11:37||   2023-05-13 11:37|| Front Page Top

#10 The eventual US default (when, not if) will be a problem for the whole gerbaloney religion. The re-localization of all economic activity will show people what real wealth inequality is.
Posted by M. Murcek 2023-05-13 11:44||   2023-05-13 11:44|| Front Page Top

#11 ^^^ Judging from what I'm seeing on the news, we do intend to default. It will be a much wilder roller coaster ride than anyone thinks.

Oh, and Janet saying yesterday that she "couldn't prioritize" spending. Hello, Janet, you are the Secretary of the Treasury. Prioritizing spending is exactly what your job is.
Posted by Tom 2023-05-13 11:57||   2023-05-13 11:57|| Front Page Top

#12 Tom, I'm not thinking of the short-term, debt ceiling, manufactured crisis "default," but of the "party's over, punch bowl is smashed, don't get a DUI on the way home" permanent default.
Posted by M. Murcek 2023-05-13 12:00||   2023-05-13 12:00|| Front Page Top

#13 Yellen is a disgusting disgrace. Let's not forget how she was watching inflation "closely" a little over a year ago. I think she also said there will never be another banking crisis after 2008. Just another Obama hack like multiple others who reappeared in the OBiden Administration.
Posted by DooDahMan 2023-05-13 13:17||   2023-05-13 13:17|| Front Page Top

#14 Great timing
A fiscal hard number reason to not pay reparations
Posted by Sock Puppet of Doom  2023-05-13 13:34||   2023-05-13 13:34|| Front Page Top

#15 "My Millenials can't count!"
Posted by Skidmark 2023-05-13 18:14||   2023-05-13 18:14|| Front Page Top

23:14 DooDahMan
22:37 KBK
22:27 DooDahMan
22:06 Super Hose
20:57 Rex Mundi
20:10 NoMoreBS
19:40 swksvolFF
19:38 Enver Slager8035
19:21 Enver Slager8035
19:15 Enver Slager8035
18:47 Besoeker
18:27 Flater Forkbeard8651
18:14 Skidmark
18:13 Skidmark
18:11 Skidmark
18:10 Skidmark
18:09 Skidmark
18:08 Skidmark
18:04 Skidmark
18:02 Skidmark
17:57 Skidmark
17:56 Frank G
17:51 M. Murcek
17:43 NN2N1









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