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It is hilarious people think "money will run out" and CA is mismanaged. CA has a $30bn rainy day fund. It is incredibly managed. We have protected our shoreline
by dmode 7y ago
It is hilarious people think "money will run out" and CA is mismanaged. CA has a $30bn rainy day fund. It is incredibly managed. We have protected our shorelines, our mountains, our nature while other states have sold them off to the highest bidder. Our legislators pioneered equal rights and made LGBT mainstream in American politics. We pioneered action against climate change and kick started incentives towards alternative fuel, solar, and wind energy. We have the most generous healthcare coverage in America. We have the most generous welfare in America. We have invested billions in public transportation. We have the most upwardly mobile population. We pioneered recreational marijuana, and decriminalizing drugs. We are leading the revolution against mass incarceration. We have some of the most generous policies that are pro-women, starting from abortion to parental leaves. And we have the #1 economy in the world. That's quite mismanagement.
- kenneth 7y agoSo much hyperbole in this comment… Yes, CA is one of the better states in the United States, but it is by no means half of the things you say. No, it is not the #1 economy in the world (hello, the rest of the US exists, as does China and Japan and Germany)[1]. Neither was CA the first to pioneer recreational marijuana or decriminalize drugs. Other states like WA and CO did it first, not to mention other countries like the Netherlands or Portugal. Nor was CA the shining beacon of LGTB rights. Do you not remember Prop 8? Nor did we do a bang-up job of protecting our environment, or do you not remember the drought and wildfires of recent years, exacerbated by our unchecked agriculture which is pumping our aquifers dry for some of the most water-hungry crops (like almonds). I'll stop here because I have to board a flight and you get the point. Surely you know half the things you said aren't true. [1]: https://www.usatoday.com/story/news/nation-now/2018/05/05/california-now-worlds-5th-largest-economy-beating-out-uk/583508002/ https://www.usatoday.com/story/news/nation-now/2018/05/05/ca...
- strictnein 7y agoUnless the LA Times is wrong, the rainy day fund is ~$8 billion. https://www.latimes.com/politics/essential/la-pol-ca-essential-politics-updates-california-s-budget-rainy-day-fund-is-1484089081-htmlstory.html https://www.latimes.com/politics/essential/la-pol-ca-essenti... To put that into perspective, California's annual budget is over $200 billion, so you can run the state for about two weeks on that.