California

[Duck_walk]

 

[JNreturns]

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We just had a world financial meltdown in 2008-009. Of course his numbers will look good compared to 2010, when everything, and every state was in a shambles.

https://www.cnbc.com/2018/06/27/cal...pite-largest-surplus-in-more-than-decade.html

 

[Duck_walk]

We just had a world financial meltdown in 2008-009. Of course his numbers will look good compared to 2010, when everything, and every state was in a shambles.

https://www.cnbc.com/2018/06/27/cal...pite-largest-surplus-in-more-than-decade.html

Then every state should be in the same wonderful condition, right?

 

[JNreturns]

Then every state should be in the same wonderful condition, right?

I'm sure you are not such a simpleton as to believe the California economy is the same as other state economies. So, tell me, what state has the trade exposure of California? Rhode Island?

https://www.forbes.com/sites/thomas...ons-california-is-unsustainable/#55bb867f3a23

 

[Duck_walk]

I'm sure you are not such a simpleton as to believe the California economy is the same as other state economies. So, tell me, what state has the trade exposure of California? Rhode Island?

So a surplus is something to sneeze at?

 

[JNreturns]

So a surplus is something to sneeze at?

https://www.forbes.com/sites/thomas...top-four-reasons-california-is-unsustainable/

 

[Duck_walk]

https://www.forbes.com/sites/thomas...top-four-reasons-california-is-unsustainable/

We all know Steve Forbes is unbiased.

 

[outsideveer89]

So a surplus is something to sneeze at?

They have no surplus. they are over 400 billion dollars in debt.

If you add in all of their unfounded pension liabilities the number is ginormous