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California: Failed State


prole

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We pay almost twice as much for healthcare than countries that have single player healthcare but reactionary wingnuts blame immigrants and commies, while the insurance and healthcare lobbies whine they couldn't compete with single-payer formulas. You do the math.

 

CA shells out far more for healthcare for illegals than it takes in from taxes from its residents. you do the math, Einstein

 

Do you actually believe what you wrote? pathetic.

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We pay almost twice as much for healthcare than countries that have single player healthcare but reactionary wingnuts blame immigrants and commies, while the insurance and healthcare lobbies whine they couldn't compete with single-payer formulas. You do the math.

 

CA shells out far more for healthcare for illegals than it takes in from taxes from its residents. you do the math, Einstein

 

Do you actually believe what you wrote? pathetic.

 

It's pretty obvious that folks not paying taxes and tapping social services are an economic burden - even to a dim bulb such as yourself.

 

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Here is the link for the California budget and income summary charts. It doesn't break things out exactly like it's being discussed here. Health and human services is 28% but they don't mention how much of that goes towards illegal immigrants for instance. The prison cost is broken out pretty clear at 7.3%. (raw expense) $9,858,000.00

 

nobody said prisons were the biggest item if it's what you are inferring.

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Here is the link for the California budget and income summary charts. It doesn't break things out exactly like it's being discussed here. Health and human services is 28% but they don't mention how much of that goes towards illegal immigrants for instance. The prison cost is broken out pretty clear at 7.3%. (raw expense) $9,858,000.00

 

nobody said prisons were the biggest item if it's what you are inferring.

 

tell us some more about the proletariat and bourgeois capitalist pigs

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During economic hard times caused by the very same policies they supported, reactionaries always try to create diversions by inciting to xenophobia and racism.

 

Spare me that nonsense. Believing in the sanctity of our borders is both an environmental and a common-sense imperative.

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I asked j_b to provide some numbers to support his claims earlier. I guess it's easier to just toss out unfounded charges of racism.

 

It's pretty clear that j_b is one of those self-hating white liberals who sees the world in terms of race and class and projects his racist tendencies onto his ideological opponents. Most of the people he claims to defend would despise him.

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You may be doing more than "wishing them well" - Arnold is looking for transfer payments straight from the taxpayer pockets of the other 49 states of the union

 

We can't seem to build walls fast enough. Better start militarizing Vancouver, WA.

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What is painfully obvious is that California is just one of the many states all over the world with huge deficits due to the economic and financial fiasco created by 30+ years of Thatcherism and Reaganomics. It's not surprising that the sorry characters who touted these policies now need the standard scapegoats to create diversions from their failures.

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California budget shortfall is due to the precipitous drop in tax revenue (of which 50% drop in sales tax relative to last year) that occurred as unemployment rose and the housing bubble burst. For much of the past decade, californians like many others, have used their homes as collateral to sustain consumption because real wages declined. The era of make believe wealth is over and it's likely to get worse.

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California budget shortfall is due to the precipitous drop in tax revenue (of which 50% drop in sales tax relative to last year) that occurred as unemployment rose and the housing bubble burst. For much of the past decade, californians like many others, have used their homes as collateral to sustain consumption because real wages declined. The era of make believe wealth is over and it's likely to get worse.

 

Agreed. I suspect that this is without even factoring in the tab for public employee retirement costs.

 

Your post above that, where you lambaste the California legislature and the public employees unions for imposing draconian spending limits on the state in pursuit of a Thatcherite dreamworld, is fascinating.

 

How does that argument square with the figures below?

 

http://www.statemaster.com/graph/eco_tot_tax_bur-total-tax-burden-per-capita

 

http://www.statemaster.com/graph/eco_tol_tax_bur_pergdp-total-tax-burden-per-gdp

 

http://www.statemaster.com/graph/eco_per_inc_percap-economy-personal-income-per-capita

 

http://www.statemaster.com/graph/eco_wel_cas_tot_rec_percap-caseloads-total-recipients-per-capita

 

 

How well does this data comport with your model/hypothesis?

 

 

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The current troubles do not account for the budgetary crisis encountered during the Gray Davis era and prior. Yes, a drop in tax revenue could account for both crises but state spending appears to be the greater factor. If spending were restrained and monies set aside for downturns, then perhaps they wouldn't be forced to take draconian measures to balance the budget.

 

On the other hand, perhaps North Dakota's example ( How the Nation’s Only State-Owned Bank Became the Envy of Wall Street ) of setting up a state bank would be worth examining.

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Here is the link for the California budget and income summary charts. It doesn't break things out exactly like it's being discussed here. Health and human services is 28% but they don't mention how much of that goes towards illegal immigrants for instance. The prison cost is broken out pretty clear at 7.3%. (raw expense) $9,858,000.00

 

Wishing them well down there. You all know what they say: as California goes, so goes the nation.

 

http://www.ebudget.ca.gov/pdf/BudgetSummary/SummaryCharts.pdf

 

You may be doing more than "wishing them well" - Arnold is looking for transfer payments straight from the taxpayer pockets of the other 49 states of the union

 

Someone's got to pay-up if California's public employees are going to be insulated from the economic realities that everyone in the private sector has to contend with.

 

"Benefits widen public, private workers' pay gap"

 

By Dennis Cauchon, USA TODAY

The pay gap between government workers and lower-compensated private employees is growing as public employees enjoy sizable benefit growth even in a distressed economy, federal figures show.

 

Public employees earned benefits worth an average of $13.38 an hour in December 2008, the latest available data, the Bureau of Labor Statistics (BLS) says. Private-sector workers got $7.98 an hour.

 

Overall, total compensation for state and local workers was $39.25 an hour — $11.90 more than in private business. In 2007, the gap in wages and benefits was $11.31.

 

The gap has been expanding because of the increasing value of public employee benefits. Last year, government benefits rose three times more than those in the private sector: up 69 cents an hour for civil servants, 23 cents for private workers.

 

Labor costs account for about half of state and local spending, according to BLS and Census data. Benefits consume a growing share of that, now 34%."

 

 

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Some aspects of the German experiment for rising out of the debt crisis circa 1920's/30's appear intriguing. For instance, they launched a massive public works campaign by issuing Labor Treasury Certificates and with the campaign the unemployment problem was solved within two years. The Germans also restored foreign trade by establishing a barter system independent of the private banking cartel.

 

Inflation is a consideration but only if supply and demand do not increase in synch. TIME TO GET OUT THE WHEELBARROWS?

ANOTHER LOOK AT THE WEIMAR HYPERINFLATION

 

I read elsewhere that the Weimar hyperinflation was preceded by creditors calling the loans incurred as a result of WWI, thus leading to a liquidity crisis which in turn led to measures that caused the initial hyperinflationary conditions.

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Someone's got to pay-up if California's public employees are going to be insulated from the economic realities that everyone in the private sector has to contend with.

 

"Benefits widen public, private workers' pay gap"

 

By Dennis Cauchon, USA TODAY

The pay gap between government workers and lower-compensated private employees is growing as public employees enjoy sizable benefit growth even in a distressed economy, federal figures show.

 

Public employees earned benefits worth an average of $13.38 an hour in December 2008, the latest available data, the Bureau of Labor Statistics (BLS) says. Private-sector workers got $7.98 an hour.

 

Overall, total compensation for state and local workers was $39.25 an hour — $11.90 more than in private business. In 2007, the gap in wages and benefits was $11.31.

 

The gap has been expanding because of the increasing value of public employee benefits. Last year, government benefits rose three times more than those in the private sector: up 69 cents an hour for civil servants, 23 cents for private workers.

 

Labor costs account for about half of state and local spending, according to BLS and Census data. Benefits consume a growing share of that, now 34%."

 

 

"Never waste a crisis" (as an opportunity to bust a union).

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California budget shortfall is due to the precipitous drop in tax revenue (of which 50% drop in sales tax relative to last year) that occurred as unemployment rose and the housing bubble burst. For much of the past decade, californians like many others, have used their homes as collateral to sustain consumption because real wages declined. The era of make believe wealth is over and it's likely to get worse.

 

Agreed. I suspect that this is without even factoring in the tab for public employee retirement costs.

 

you say this as if public employees aren't entitled to retire.

 

Your post above that, where you lambaste the California legislature and the public employees unions for imposing draconian spending limits

 

 

i did no such thing. You ought to consider remedial reading classes.

 

on the state in pursuit of a Thatcherite dreamworld, is fascinating.

 

fascinating? is that the extent of your thought process on the topic?

 

 

do you have anymore strawmen you'd like me to answer? There is nothing in these numbers which contradict what I said. Now if you want to make the effort of constructing an argument, I just may answer it in detail.

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