Sunday, December 3, 2017

Having California nightmares

Why did Jerry just now acknowledge that pension system is bankrupt?
Why does Diane want to ban cash now?
How is California going to make up the 30 billion in lost budget from the tax cut?
What about the homeless, moving in from Illinois and rising  25% per year?
If the market tops in 2018, how many cities and counties will b in financial stress?

If the recession comes, you can bet California will be a major drag on the economy for years to come.  Jerry really hasn't fixed anything, and his policies cause global warming around here. We are stuck with the same corrupt legislature we have always had.

I would watch California for the first hint of a crash.

No comments: