Article

2012-05-18 Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by GolfBravoUSMC 2012-05-18 02:30|| || Front Page|| [3 views ] Top

#1 California can be saved, but not until the political class and the voters that keep them in place recognize that there is a problem.

Posted by rjschwarz 2012-05-18 08:55|| 2012-05-18 08:55|| Front Page Top

#2 The voters have put together quite a few initiatives that might help but the special interest groups such as the public unions have found ways to smack them down. In other instances activist judges have smacked them down. California is not too big to fail--it is already failing or failed; in other words it is a large Greece.

Posted by JohnQC 2012-05-18 10:12|| 2012-05-18 10:12|| Front Page Top

#3 As a product of California's educational system I can tell you that it carries a whole butt load of crap. I remember them saying that it would make me a "well rounded person" whenever I asked what relevance some of the classes had. Well, these days we have a lot of well rounded people living in tents under bridges and in the river valleys. Some of them get jobs as cocktail waitresses or in real estate sales.

But when it comes to cutting I'm afraid the politicians will leave the crap and cut the muscle.

Posted by Abu Uluque 2012-05-18 10:46|| 2012-05-18 10:46|| Front Page Top

#4 Unfortunately, many courses are not relevant; only PC.

Posted by JohnQC 2012-05-18 14:20|| 2012-05-18 14:20|| Front Page Top

#5 focused on preventing cuts in government spending True-ish, but not accurate. The referenced special interest group is dedicated to a constantly increasing level of government spending. To their simple minds, merely holding government spending unchanged at its currently absurdly elevated level is AUSTERITY.

Posted by Anguper Hupomosing9418 2012-05-18 15:35|| 2012-05-18 15:35|| Front Page Top

#6 not until the political class and the voters that keep them in place recognize that there is a problem.

The problem is that the political class and the special interests don't see themselves as having a problem. The voters are the only one that can fix this because they are the only ones for whom the problem bites. The unlimited cash and perks of the elites will never be seen as a problem by the elites.

Posted by AlanC 2012-05-18 16:14|| 2012-05-18 16:14|| Front Page Top

#7 ..or as they would say - it's a feature, not a bug.

Posted by Procopius2k 2012-05-18 16:41|| 2012-05-18 16:41|| Front Page Top

23:00 Thing From Snowy Mountain
22:54 Thing From Snowy Mountain
22:50 Thing From Snowy Mountain
22:37 Frank G
22:35 SteveS
22:26 SteveS
22:21 SteveS
22:13 Glenmore
22:00 OldSpook
21:33 Besoeker
21:07 canalzone
20:49 Ulysses Everett McGill
20:48 Frank G
20:45 Frank G
20:45 Frank G
19:24 Canuckistan sniper
19:16 rammer
18:54 john frum
18:17 newc
18:12 swksvolFF
18:00 Bright Pebbles
17:58 Bright Pebbles
17:52 swksvolFF
17:31 tu3031