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Jerry Brown: California's deficit is gone

Those who don't know really shouldn't speak out - it just makes them look really stupid.
Yet you persist. Even after a helpful hint to check the rest of the thread. :lamo
 
Before you get too tingly from Governor Brown's pumping sunshine up your skirts, you might want to speak to a few state workers about the conditions on the ground there. It's not the rosy picture presented. My brother clued me into one trick. He retired from the sheriffs office during one of the frequent cycles where the county is begging any officer who can retire early to do so. Of course they need the officers, they just can't afford to pay them, and the state keeps telling the counties that they can't afford jack either. BUT, the feds are here to the rescue.

They're handing out federal grants for law enforcement to the counties like hotcakes. My brother was asked back to double dip at a much higher salary, paid from one of these federal grants. Problem? You betcha, the grant will last about six months and then the county is back in the same positon, only worse - far fewer trained officers (training is expensive) and no money to do callbacks on the early retired. And this is just one tactic used to boil the frog.

But hey the politicos can do victory laps like this at budget time. We'll see where they are in six to eight months.
 
do you mean they balance by going into debt and borrowing money to balance?
Here in Texas one accounting circus trick used to ‘balance the budget’ was to hold off fund transfer to school districts until the date crossed over into the next fiscal year. They paid the prior year’s ISD budget with the new year’s money, then did an accounting “adjustment” to move the charge on the state budget back to the prior year. So the prior year budget had a deficit but since that was in the past, no problem!

In NJ they skipped pension fund payments and called it a balanced. *shrug*

Tough times, getting through the recession.
 
Wyatt Buchanan


Updated 12:04 pm, Thursday, January 10, 2013


Looks like the Golden States showing us the way doesn't it?

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<For the first time in five years, California is not facing a deficit as Gov. Jerry Brown and lawmakers work to put together a spending plan for the next fiscal year.Brown released his budget Thursday morning for the 2013-2014 fiscal year, proposing a $97.7 billion plan that is 5 percent higher than the current year's spending.>


<The budget represents a massive change for California's finances, which at their worst in February 2009 faced a $42 billion deficit. That resulted in emergency action on the budget as the state treasurer was unable to sell short term bonds, construction projects came to a halt and the controller was forced to send out IOUs instead of tax return checks.>


Read more: Jerry Brown: California's deficit is gone - SFGate


Wait, your'e proclaiming a balanced budget NOW ??

HAHAHAHAHAJAJAjaja....oops, that was so funny I slipped into German.

Uhm, Cali's a joke BECAUSE of idiots like Jerry Brown who in the seventies put a ceiling on property tax's.

Now TEXAS ACTUALLY HAS A BUDGET SURPLUS.

Thats the way you do things as umpteen million Cali residents flee that Liberal plague state to search for greener pastures.
 
Wait, your'e proclaiming a balanced budget NOW ??

HAHAHAHAHAJAJAjaja....oops, that was so funny I slipped into German.

Uhm, Cali's a joke BECAUSE of idiots like Jerry Brown who in the seventies put a ceiling on property tax's.

Now TEXAS ACTUALLY HAS A BUDGET SURPLUS.

Thats the way you do things as umpteen million Cali residents flee that Liberal plague state to search for greener pastures.

TX has a surplus due to it's receiving huge $$$ from the FEDS and a doubling of the states debt
 
Wait, your'e proclaiming a balanced budget NOW ??

HAHAHAHAHAJAJAjaja....oops, that was so funny I slipped into German.

Uhm, Cali's a joke BECAUSE of idiots like Jerry Brown who in the seventies put a ceiling on property tax's.

Now TEXAS ACTUALLY HAS A BUDGET SURPLUS.

Thats the way you do things as umpteen million Cali residents flee that Liberal plague state to search for greener pastures.

Are you comparing Texas with California?:shock: Where do you want to start? Education? Nah, better not go there.

How about per capta income? Nah, better not go there either eh?

Weather, Well, we have the Mojave Desert and Texas has…well Texas.:roll: but we have beautiful beaches and in the same day if you want to you can go skiing.

But you did mention something about California loosing population didn't you? Sadly, you’re misinformed on that as well.:2wave:
 
TX has a surplus due to it's receiving huge $$$
from the FEDS and a doubling of the
states debt

WRONG....please read the very public budget analysis on the State of Texas website and do refrain from upchucking nonsensical liberal talking points.

Its bad enough someone started a thread about a balanced State Budget that never happened.

Texan Concervatives think thats "ChickenShyte"...
 
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Are you comparing Texas with California?:shock: Where do you want
to start? Education? Nah, better not go there.

How about per capta income? Nah, better not go there either eh?

Weather, Well, we have the Mojave Desert and Texas has…well Texas.:roll: but we have beautiful beaches and in the same day if you want to you can go skiing.

But you did mention something about California loosing population didn't you? Sadly, you’re misinformed on that as well.:2wave:

Are you starting a thread about a balanced budget that doesn't exist ?

And yes Cali's nice, too bad you guys ruined it.
 
WRONG....please read the very public budget analysis on the State of Texas website and do refrain from upchicking nonsensical liber talking points.

Yes. I'm sure the state workers were very honest about how the Fed bailed them out and how TX debt doubled :lol:
 
["]Jerry Brown: California's deficit is gone - SFGate[/]

Brown has been a helluva governor (unlike that boob Schwarzenegger who left the biggest state deficit in US history). The man is a consummate politician who fixed a huge problem. That's why conservatives hate him. Nice thing is, conservatives are almost extinct in California!
 
Are you starting a thread about a balanced budget that doesn't exist ?

And yes Cali's nice, too bad you guys ruined it.

NOPE.just pointing out that California's chronic budget crisis is now in the rearview mirror, the sun is shining,metaphorically speaking, happy days are on the horizon.Now if we can keep the republicans outta Sacramento were in... using a Texas term.HIGH COTTON.:peace
 
Yes. I'm sure the state workers were very honest about how the Fed bailed
them out and how TX debt doubled :lol:

Bailed them out with what ? A failed Stimulus that went out to Public Sector Unions and workers instead of the private sector ?

The one Obama lied about..."shovel ready...right.

Democrat policies like that made California the plague state that it is.

So another Liberal "victory" huh ? It's make believe but its the only victories you have.
 
NOPE.just pointing out that California's chronic budget crisis is now in the rearview mirror, the sun is shining,metaphorically speaking, happy days are on the horizon.Now if we can keep the republicans outta Sacramento were in... using a Texas term.HIGH COTTON.:peace

Given that California has the largest GDP of any state, by far (making it the 10th or 11th largest economy on the planet), as economic growth renews, tax revenues will skyrocket, as has always happen.

The rightwing noise machine will have to go back to complaining about Roseanne and Hollywood.

Meanwhile, the Republican party is all but extinct in California, which means they can't stand in the way of its recovery (unlike Tea Party Occupied Congress)
 
Brown has been a helluva governor (unlike that boob Schwarzenegger who left the biggest state deficit in US history). The man is a consummate politician who fixed a huge problem. That's why conservatives hate him. Nice thing is, conservatives are almost extinct in California!


The guvanater followed in the gippers footsteps. Check out as a percent of GDP what kinda wreck the gippers reign as gov wrought.
 
Bailed them out with what ? A failed Stimulus that went out to Public Sector Unions and workers instead of the private sector ?

The one Obama lied about..."shovel ready...right.

Democrat policies like that made California the plague state that it is.

So another Liberal "victory" huh ? It's make believe but its the only victories you have.

The dishonesty of your posts is demonstrated by your own posts.

When TX projects a balanced budget for 2013, you want to break out the bubbly

But when CA does the same, it's
Wait, your'e proclaiming a balanced budget NOW ??

HAHAHAHAHAJAJAjaja....oops, that was so funny I slipped into German.

And your dishonesty continues with your denial tha TX took billions from the Fed
 
Brown has been a helluva governor (unlike that boob Schwarzenegger who left the biggest state deficit in US history). The man is a consummate politician who fixed a huge problem. That's why conservatives hate him. Nice thing is, conservatives are almost extinct in California!

While the huge problem that is the state budget deficit is far from "solved", at least, not yet and not without some really creative bookkeeping, Brown did do one thing that I didn't think was possible: He convinced the voters to raise taxes to try to balance the budget. I find that to be quite an accomplishment, and he did it without any help from me whatsoever.

As for his political position, it really isn't much different from that of his predecessor. Both of them say that California has a spending problem, which, of course, is correct. I think maybe both of them are trying/tried to address that problem, which again would be a major miracle given the makeup of the state assembly.

California is a big state with a diverse economy. It will be OK eventually, despite the people we keep sending to Sacramento.
 
Given that California has the largest GDP of any state, by far (making it the 10th or 11th largest economy on the planet), as economic growth renews, tax revenues will skyrocket, as has always happen.

The rightwing noise machine will have to go back to complaining about Roseanne and Hollywood.

Meanwhile, the Republican party is all but extinct in California, which means they can't stand in the way of its recovery (unlike Tea Party Occupied Congress)

California would benefit greatly if they followed North Dakota's example of having a state bank. North Dakota has had a state bank since 1919. It's stabilized their economy because it doesn't jack with their money on wallstreet unlike the big corporate banks.

Just imagine having a California State Bank where the interests accumulated, (in that economy that is the 10th largest in the world), goes into the state's general fund. Then take the money made on interests and use it to offset some of the income tax in the state... the lower tax rate on income would spur an increase in spending which would have sales tax revenue increase. That would be awesome.
 
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While the huge problem that is the state budget deficit is far from "solved", at least, not yet and not without some really creative bookkeeping, Brown did do one thing that I didn't think was possible: He convinced the voters to raise taxes to try to balance the budget. I find that to be quite an accomplishment, and he did it without any help from me whatsoever.

As for his political position, it really isn't much different from that of his predecessor. Both of them say that California has a spending problem, which, of course, is correct. I think maybe both of them are trying/tried to address that problem, which again would be a major miracle given the makeup of the state assembly.

California is a big state with a diverse economy. It will be OK eventually, despite the people we keep sending to Sacramento.

First, the people of California were willing to raise their own taxes under Brown because they trusted him; when Ahnold tried that, they rejected the increase. Because he was more or less a joke.

Second, Brown made cuts that he had to, but tried to limit the affect on schools, the poor, and higher education. Ahnold didn't give a damn.

Third, Brown supports unions and his track record on that is clear. So when he asked for public sector union concessions, they agreed, because he consulted them and worked with them -- unlike Ahnold, or Wisconsin's Walker for that matter.

Fourth, Brown ontinues to support education and working people, so that as soon as the crisis lessened, he's proposed increases in budgets that help both -- and that's where the future is. Ahnold would have just kept cutting until California looked like Alabama.
 
California would benefit greatly if they followed North Dakota's example of having a state bank. North Dakota has had a state bank since 1919. It's stabilized their economy because it doesn't jack with their money on wallstreet unlike the big corporate banks.

Just imagine having a California State Bank where the interests accumulated, (in that economy that is the 10th largest in the world), goes into the state's general fund. Then take the money made on interests and use it to offset some of the income tax in the state... and spending would go up and sales tax revenue would increase. That would be awesome.

I'm sure that's true. We also need to modify Prop 13 to exclude commercial property (owned by high net worth people or entities). Prop 13 was sold by the Jarvis ideologues as a protection for poor widows, but in fact it was a tax giveaway to some of the biggest corporations in the world holding some of the most valuable real estate on the planet.

Economists have calculated that it resulted in a transfer of about $40B from taxpayers to large corporations over the last 30 years or so
 
Brown has been a helluva governor (unlike that boob Schwarzenegger who left the biggest state deficit in US history). The man is a consummate politician who fixed a huge problem. That's why conservatives hate him. Nice thing is, conservatives are almost extinct in California!

What about Gray Davis, aka the Total Recall? He was a democrat, am I correct? And if I remember correctly, he was so incompetent as a governor that it led to a state of stupid frenzy in California that they had their choice between Gray Davis, Arnold the Terminator, Arnold from Diff'rent Strokes, Gallagher, and Screech, and they still recalled Davis. :rofl:
 
NOPE.just pointing out that California's
chronic budget crisis is now in the rearview mirror, the sun is shining,metaphorically speaking, happy days are on the horizon.Now if we can keep the republicans outta Sacramento were in... using a Texas term.HIGH COTTON.:peace

You people havn't even stolen the car and put it in gear yet let alone peeked into the rear view mirror.

Yea, the best you can do when talking about the Success of your State is to speak metaphorically and in pretense of your hopeful outcome.

California's run by idiot liberals, who have put public sector over private sector and who will eventually suffer the consequences of their stupidity.

There is no way out of it because your ideology doesn't work. We're experiencing it on a national level.

Failure of the democrat agenda.
 
California has $500 Billion in unfunded liabilities. California wil be losing Congressional representation in the next census, as businesses and people are leaving that cesspool. CA gained no seats this past census for the first time in decades. CA has the highest percentage of welfare moochers in all the land.

But Jerry Brown projects a "surplus" in the future. An all the libtards cheer. Not unlike Obama projecting only a $600B deficit in 2013, and unemployment under 6% ......:roll:

Is that a "Hip. Hip. Hooray" in liberal fantasyland too ?
 
You people havn't even stolen the car and put it in gear yet let alone peeked into the rear view mirror.

Yea, the best you can do when talking about the Success of your State is to speak metaphorically and in pretense of your hopeful outcome.

California's run by idiot liberals, who have put public sector over private sector and who will eventually suffer the consequences of their stupidity.

There is no way out of it because your ideology doesn't work. We're experiencing it on a national level.

Failure of the democrat agenda.

It must suck to be a conservative and see one of the states that your hero’s/provider of your favorite Kool-Aid make a comeback, especially when said state happens to be the eighth largest economy in the world.Eat your heart out.Jerry did it with spending cuts and a raise of taxes.Kinda like BO is going to do it and the National republican might as well change the name to the Whig party. :2wave:
 
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