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California is a sorry excuse for a state
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<blockquote data-quote="Meat" data-source="post: 3264848" data-attributes="member: 61324"><p>Dano, </p><p></p><p>It’s clear your happy with the direction the county is taking, and I would be interested to hear your opinion on the following:</p><p></p><p>1) Debt: Every bloke knows how the tax cut will add to the deficit, and there is no historical precedent that indicates GDP will grow due to the cuts. At this time, 1.4 trillion annual budged deficits are projected by 2027.</p><p></p><p>2) Median household income: let’s say it’s about 55,000 (depending on your source). Half the households in this county are living below that mark (hence the term median). When you factor in the average amount of children (keep in mind most millennials are having kids out of wedlock) and the average amount of household debt (public debt projected to be almost 90 percent of GDP by 2027) it doesn’t bode well for half (all?) the population.</p><p></p><p>3) Climate: federal agencies - as in the federal government, not left leaning fringe groups - have recently published a report stating there are no credible explanations in regards to global warming, other than it’s a man mad phenomenon. Actually, Exxon’s own climatologist came to a similar conclusion in 1988 - working sods from Fedex will be able to afford large swathes of coastal property in 2100.</p><p></p><p>4) Retirement: half the population of working age doesn’t save for retirement (outside of SSA payroll contributions). People like Van can get by for now, but eventually there will be a backlash, and the haves may not like the outcome. </p><p></p><p>I look forward to your pithy, “don’t bother me with the facts” response.</p></blockquote><p></p>
[QUOTE="Meat, post: 3264848, member: 61324"] Dano, It’s clear your happy with the direction the county is taking, and I would be interested to hear your opinion on the following: 1) Debt: Every bloke knows how the tax cut will add to the deficit, and there is no historical precedent that indicates GDP will grow due to the cuts. At this time, 1.4 trillion annual budged deficits are projected by 2027. 2) Median household income: let’s say it’s about 55,000 (depending on your source). Half the households in this county are living below that mark (hence the term median). When you factor in the average amount of children (keep in mind most millennials are having kids out of wedlock) and the average amount of household debt (public debt projected to be almost 90 percent of GDP by 2027) it doesn’t bode well for half (all?) the population. 3) Climate: federal agencies - as in the federal government, not left leaning fringe groups - have recently published a report stating there are no credible explanations in regards to global warming, other than it’s a man mad phenomenon. Actually, Exxon’s own climatologist came to a similar conclusion in 1988 - working sods from Fedex will be able to afford large swathes of coastal property in 2100. 4) Retirement: half the population of working age doesn’t save for retirement (outside of SSA payroll contributions). People like Van can get by for now, but eventually there will be a backlash, and the haves may not like the outcome. I look forward to your pithy, “don’t bother me with the facts” response. [/QUOTE]
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