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Thread: Ever Wonder Why California is so Broke?

  1. #351  
    Life's a bitch, then you die! Dave007inVegas's Avatar
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    Quote Originally Posted by StanfordSam View Post
    -Amazing weather year around (which is great for me, because I’m a runner)
    -Great people; laid back atmosphere
    -A lot of great companies/jobs
    -Great food; lots of cool shops and restaurants
    -Lots of things to do
    -Great proximity to cool places: easy to go up to SF, shoot down the coast to Santa Cruz, Pebble Beach; not to far from Tahoe to ski/do water stuff

    Only real downside is the cost of housing. But even that is not as bad as I thought it would be. I live in a really nice neighborhood. Coming from Midwest, it is much nicer out here.
    You just described at least 500 other places in the USA that don't cost nearly as much.
    To each his own I suppose. If BLF reads this I guarantee he'll paint a starkly different picture.
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  2. #352  
    RX Senior WoodStool's Avatar
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    Quote Originally Posted by StanfordSam View Post
    -Amazing weather year around (which is great for me, because I’m a runner)
    -Great people; laid back atmosphere
    -A lot of great companies/jobs
    -Great food; lots of cool shops and restaurants
    -Lots of things to do
    -Great proximity to cool places: easy to go up to SF, shoot down the coast to Santa Cruz, Pebble Beach; not to far from Tahoe to ski/do water stuff

    Only real downside is the cost of housing. But even that is not as bad as I thought it would be. I live in a really nice neighborhood. Coming from Midwest, it is much nicer out here.
    You wouldn't have to be a runner if you weren't constantly trying to rip people off....food for thought.
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  3. #353  
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    Quote Originally Posted by WoodStool View Post
    You wouldn't have to be a runner if you weren't constantly trying to rip people off....food for thought.
    Jesus. Come on man, that's lame for even you.
    Go Patriots
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  4. #354  
    Life's a bitch, then you die! Dave007inVegas's Avatar
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    Quote Originally Posted by StanfordSam View Post
    Jesus. Come on man, that's lame for even you.
    No it's not.
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  6. #356  
    RX Senior WoodStool's Avatar
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    Quote Originally Posted by StanfordSam View Post
    Jesus. Come on man, that's lame for even you.
    As far as I am concerned, u and r2p and BAS can be "runners" for the rest of ur miserable lives.
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  7. #357  
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    Quote Originally Posted by WoodStool View Post
    As far as I am concerned, u and r2p and BAS can be "runners" for the rest of ur miserable lives.
    ...yeah come on man. Let's be a little more creative. You're turning into stock.
    Go Patriots
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  8. #358  
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    Majority of California Residents Want to Leave: Poll

    2,61


    Tony Hisgett / Flickr / CC / Cropped

    14 Feb 2018
    3:04

    A new poll reveals that 53% of California residents are considering leaving the Golden State because of the high cost of living.

    The “Trust Barometer” poll, by Edelman Intelligence, was conducted January 4-20 among 1,500 California residents, with a margin of error of 2.5%. A special oversample of 400 tech workers in the San Francisco Bay Area was also conducted, with a margin of error of 4.8%.

    The results are sobering. Nearly two-thirds, 62%, of respondents said they believed the best days of California were in the past.


    In addition, more than two-thirds, 68%, of Californians, believe the tech industry has been under-regulated — up 6% from 2018. That proportion is slightly higher among tech employees, 69% of whom think their industry has been under-regulated. 58% of Californians said the tech industry should be more regulated, up 12% from last year.


    Nearly three-fourths of residents, 72%, say “cost and availability of housing is a very serious issue for California” — rising to 76% in the Bay Area.


    And 62% of residents say “homelessness is a very serious issue for California. The proportion in the Bay Area is the same.


    SFGate.com notes: “It appears the housing and homelessness crises have led to a pessimistic outlook.”


    It adds (original links):

    The trend is backed up by much of SFGATE’s past reporting. We’ve spoken with people who’ve left California for the Pacific Northwest, Texas and Denver — all popular destinations for Bay Area ex-pats. Nearly everyone we talked to cites the high cost of living as the primary reason they left. Others were looking for a slower pace of life, lower taxes, less traffic and more time with family.

    There have been other signs of the California exodus. In December, it was revealed that one of the most frequently Googled questions in California last year was “Should I move out?”


    California passed the United Kingdom last year to become the fifth-largest economy in the world, behind only the U.S. as a whole, China, Japan, and Germany.

    The Bay Area was also found to be leading the nation in outward migration, meaning more people are leaving the region than moving in. However, most people who moved out of the Bay Area didn’t go to far; the number one destination was Sacramento, followed by Los Angeles, Seattle, Portland and San Diego.

    Joel B. Pollak is Senior Editor-at-Large at Breitbart News. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. He is also the co-author of
    How Trump Won: The Inside Story of a Revolution, which is available from Regnery. Follow him on Twitter at @joelpollak.

    https://www.breitbart.com/politics/2...to-leave-poll/

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  9. #359  
    schmuck
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    california has a decent budget surplus. not broke yet.
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  10. #360  
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    Quote Originally Posted by niltes View Post
    california has a decent budget surplus. not broke yet.
    Do you know the difference between "the deficit", and "the debt"? I do not think you do.
    California is in a death spiral, no way out, it is too late.
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  11. #361  
    Que pasa? festeringZit's Avatar
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  12. #362  
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    How much in debt are the California governments? That’s hard to know too. According to a January 2017 study, “California state and local governments owe $1.3 trillion as of June 30, 2015.” The study was based on “a review of federal, state and local financial disclosures.”
    In other words, that $1.3 trillion in debt is the amount to which California governments admit. Other studies believe it to be more. Indeed, one study says it is actually $2.3 trillion and a recent Hoover Institute stated that there is over $1 trillion in pension liability alone, or $76,884 per household. Incredibly, there are 4 million current pension beneficiaries, a number that continues to grow and which exceeds the total population of 22 states.
    What’s the right number? Apparently, it is so large it is hard to accurately estimate. In every case, the number is staggering.
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