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2011-03-21 Home Front: Politix

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Posted by Bobby 2011-03-21 09:15|| || Front Page|| [2 views ] Top

#1 Now that's funny. Of course California has the biggest shortfall but that shortfall's percentage of the the budget is smaller than that of Illinois, Nevada, New Jersey and (oh my) Texas!

OK. I understand that California's budget bloated way beyond what any sane and responsible legislature would allow. But once in a while it is fun to make fun of Texas. Hey, what's going on down there anyway? I thought they were supposed to be conservative.

Posted by Ebbang Uluque6305 2011-03-21 12:18|| 2011-03-21 12:18|| Front Page Top

#2 Texas operates on a two year budget. The legislature meets 140 days every two years. No full timers having to justify their phony baloney jobs.

1. When they meet, it is expected the legislators will cut the budget into balance. Just like in previous years.

2. TX has nearly $10 billion in its Rainy Day Fund to make up temporary shortfalls. CA doesn't.

Posted by Oscar Spineck3066 2011-03-21 12:27|| 2011-03-21 12:27|| Front Page Top

#3 Somehow, with Texas and it's buisness friendly climate, it's conservative leadership and the massive influx of people getting new jobs, I have more faith in Texas to pull through any slowdown/shortfall than I do in CA.

Especially since CA is hemorrhaging jobs and (legal) population like crazy.

Posted by DarthVader 2011-03-21 12:32|| 2011-03-21 12:32|| Front Page Top

#4 I suspect it will be easier for Texas to deal with a $13 B shortfall than California to handle a $25 B one. Rag on Texas if you will, but you can get an idea of the market price of this budget buffoonery by looking at U-Haul rates going from CA to TX vs going the other way.

Posted by SteveS 2011-03-21 12:40|| 2011-03-21 12:40|| Front Page Top

#5 Hmm.. interesting... Illinois at 45% (that's PERCENT) defect.

Even little old Washington State with its little ole 18% - I can hear the wailing and gnashing of teeth from the state capital from here in Seattle because of the proposed cuts.

Posted by CrazyFool 2011-03-21 14:04|| 2011-03-21 14:04|| Front Page Top

#6 Rag on Texas if you will, but you can get an idea of the market price of this budget buffoonery by looking at U-Haul rates going from CA to TX vs going the other way.

I keep waiting for that to translate into lighter traffic on Interstate 5 but so far no such luck.

Posted by Ebbang Uluque6305 2011-03-21 14:08|| 2011-03-21 14:08|| Front Page Top

#7 And for some reason, down here in Texas, while governor Perry was running for re-election last year, he kept saying we had a budget surplus...He was WRONG. And now to cut the state budget which means massive local school employee cuts to make up for lower funding for school districts. And I live in Austin, which has a pretty decent tax base. But because of the Robin Hood law, Austin has to send millions of $ to a less wealthy county. Good Job all round!!/sarc off

Posted by Mr. Bill 2011-03-21 20:20|| 2011-03-21 20:20|| Front Page Top

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