Page 22 of 28 FirstFirst ... 122021222324 ... LastLast
Results 211 to 220 of 280

Thread: Jerry Brown: California's deficit is gone

  1. #211
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by gingern44 View Post
    They didn't any more than Clinton did, that's my point. The growth of the 90s was a result of the dotcom bubble and rising real estate values. Clinton can claim some credit for inflating real estate prices but dotcom was the real driver. I've often asked Clinton devotees if they could point to what he specifically did to create such economic growth. I've yet to receive an answer. The economy is its own animal and trying to lay credit or blame on presidents is silly.
    Not even close

    I appreciate your effort at being even-handed, but neither the dot-com boom nor the real estate boom were large enough to create 22 million jobs.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  2. #212
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Dickieboy View Post
    Perhaps Brown's folks jumped the gun on the premise of their projections:


    Tax on Rich Didn't Cause California's Deficit Magic

    Seems much more plausable than anything else I've read...
    Thats because you must not understand what you're reading (ie. rightwing drivel from a wingnut newsource)

    Of course the revenues are coming in 2013. It's a 2013 budget!!!

    Income taxes are due quarterly, so they won't see any of it until 3/30/2013
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  3. #213
    global liberation

    ecofarm's Avatar
    Join Date
    Jun 2010
    Location
    Miami
    Last Seen
    Yesterday @ 07:49 PM
    Gender
    Lean
    Independent
    Posts
    66,400

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by sangha View Post
    Not even close

    I appreciate your effort at being even-handed, but neither the dot-com boom nor the real estate boom were large enough to create 22 million jobs.
    One cannot simply count the jobs created directly, which may be millions in just tech nerds in no-value companies. The wealth created by those bubbles employed millions more.

  4. #214
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by ecofarm View Post
    One cannot simply count the jobs created directly, which may be millions in just tech nerds in no-value companies. The wealth created by those bubbles employed millions more.
    not even close

    Most of those jobs were created before the bubble even started (approx 1997)
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  5. #215
    global liberation

    ecofarm's Avatar
    Join Date
    Jun 2010
    Location
    Miami
    Last Seen
    Yesterday @ 07:49 PM
    Gender
    Lean
    Independent
    Posts
    66,400

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by sangha View Post
    not even close

    Most of those jobs were created before the bubble even started (approx 1997)
    Top 5 industries gaining the most jobs 1989-1999:

    1. Personal supply services, 2.2m.
    2. Eating and drinking places, 1.5m.
    3. Local government education, 1.4m.
    4. Computer and data processing services, 1.1m.
    5. Local government, except education, .8m.
    http://www.bls.gov/opub/mlr/2000/12/art1full.pdf

    Restaurants/bars (wealth), government, tech, government.

  6. #216
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by ecofarm View Post
    Top 5 industries gaining the most jobs 1989-1999:


    http://www.bls.gov/opub/mlr/2000/12/art1full.pdf

    Restaurants/bars (wealth), government, tech, government.
    1) So, according to *your* #'s, only 1m out of 22m jobs were in tech. Thanks for proving my point!!

    2) Your #'s are for 1989-1999, which is irrelevant. We're talking about the dot com boom which was 1997-2000 (at the latest)

    3) Not all of those IT jobs were in the internet side of the IT.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  7. #217
    global liberation

    ecofarm's Avatar
    Join Date
    Jun 2010
    Location
    Miami
    Last Seen
    Yesterday @ 07:49 PM
    Gender
    Lean
    Independent
    Posts
    66,400

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by sangha View Post
    1) So, according to *your* #'s, only 1m out of 22m jobs were in tech. Thanks for proving my point!!

    2) Your #'s are for 1989-1999, which is irrelevant. We're talking about the dot com boom which was 1997-2000 (at the latest)

    3) Not all of those IT jobs were in the internet side of the IT.
    Unless you have yearly stats by industry, I'm gonna just have to go with the decade data set that shows 6m jobs just th top5: luxuries (based on false wealth), tech and local government. If I added up the rest of the tech related stuff, real estate related stuff and other luxury items, we'd have most of the 22m: false wealth, tech and building.

  8. #218
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by ecofarm View Post
    Unless you have yearly stats by industry, I'm gonna just have to go with the decade data set that shows 6m jobs just th top5: luxuries (based on false wealth), tech and local government. If I added up the rest of the tech related stuff, real estate related stuff and other luxury items, we'd have most of the 22m: false wealth, tech and building.
    The 6m you cite is just over 1/4 of the 22 million, and (a) most of those jobs were created *before* the two booms and (b) not all "luxury" jobs were the result of those two booms (because they were created *before* 1997)
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  9. #219
    global liberation

    ecofarm's Avatar
    Join Date
    Jun 2010
    Location
    Miami
    Last Seen
    Yesterday @ 07:49 PM
    Gender
    Lean
    Independent
    Posts
    66,400

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by sangha View Post
    The 6m you cite is just over 1/4 of the 22 million, and (a) most of those jobs were created *before* the two booms and (b) not all "luxury" jobs were the result of those two booms (because they were created *before* 1997)

    Those are only the top5.

    If I added up the rest of the tech related stuff, real estate related stuff and other luxury items, we'd have most of the 22m: false wealth, tech and building.
    And government, in whatever order.
    Last edited by ecofarm; 01-16-13 at 03:20 AM.

  10. #220
    Sage

    Join Date
    Oct 2011
    Last Seen
    07-25-17 @ 12:35 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    5,878

    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by sangha View Post
    Thats because you must not understand what you're reading (ie. rightwing drivel from a wingnut newsource)

    Of course the revenues are coming in 2013. It's a 2013 budget!!!

    Income taxes are due quarterly, so they won't see any of it until 3/30/2013
    Uh...but California's fiscal year begins in July...I believe the article suggests that since the tax increases are retroactive AND there was a major increase in 4th quarter revenue the budget reflects an overly optimistic projections.

    Kinda also confused on the 'wingnut newsource'...CNBC, really?...OH I forgot the standard knee-jerk leftwing meme...ALWAYS attack the source...typical...
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

Page 22 of 28 FirstFirst ... 122021222324 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •