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California budget deficit: $1.6 billion California GDP: $2.7 trillion I think California will be fine.
by genefriend 8y ago
California budget deficit: $1.6 billion
California GDP: $2.7 trillion
I think California will be fine.
- carbocation 8y ago"Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery." (Though, in the end, I agree with you.)
- nradov 8y agoThere's really no sensible comparison between an individual on a fixed income versus a sovereign with taxing authority.
- jlmorton 8y agoWhere do you come up with a $1.6 billion deficit? There is currently a $6.1 billion surplus, which actually understates the strength of the budget, given debt deleveraging.
- DrScump 8y agohttp://www.latimes.com/politics/la-pol-sac-jerry-brown-budget-trump-risks-20170110-story.html http://www.latimes.com/politics/la-pol-sac-jerry-brown-budge...