Article

2009-10-17 Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2009-10-17 00:00|| || Front Page|| [5 views ] Top

#1 Lost the jobs, or did they went to illegals?

Posted by g(r)omgoru 2009-10-17 07:52|| 2009-10-17 07:52|| Front Page Top

#2 Taxed and regulated them out of existence, or at least out of the state.

Problem is, that sends lots of Caliphornios to neighboring states to follow their fleeing jobs, which means they're voting in Nevada and Arizona like they did back in Fresno and Milpetas.

Posted by Fred 2009-10-17 09:44|| 2009-10-17 09:44|| Front Page Top

#3 A lot of the people who lose their jobs, particularly those in construction, will probably go back to Mexico. Did I tell you about the time I was looking for a leak in my roof and found a Tijuana newspaper under the tiles? I also found some pretty damn slipshod workmanship. Here's a tip if you plan to buy a house in southern Kaliphornia: buy one that was built in the 1960's or earlier when people in the construction industry were US citizens who still had some pride.

I feel sorry for people losing their jobs. I've been there, done that, and I know how bad it can be.

But I'm actually enjoying the lighter traffic on the freeway. And if we get to the point where we don't have to ration water anymore I'll enjoy that too.

Part of the reason for Kaliphornia's skyrocketing growth was a result of good old Bawney Fwank and his perverted policies WRT to exotic, sup-prime mortgages. People were told that they could afford to buy houses here even if the prices were astronomical. That led to even more housing price inflation and a totally unrealistic building boom. I'm glad it's slowed down a little but I'm afraid they'll just ratchet it back up in a year or so. Call me selfish if you want but I don't think it was healthy for anybody.

Posted by Abu Uluque 2009-10-17 12:43|| 2009-10-17 12:43|| Front Page Top

#4 "It is discouraging," said Esmael Adibi, an economist at Chapman University. "We want to see job losses go down and the pace slow down, but we didn't see it."

Yes professor. You seemed to be qualified now to be the next President of the United States because you sound like one other former Professor, Obama. Plus, Arabs and other third world types are now in voque per the American voter.

Besides, who needs jobs. Obama is about to "spread the wealth" any way!

Posted by Galactic Coordinator Angomoting3589 2009-10-17 13:22|| 2009-10-17 13:22|| Front Page Top

#5 You know what would help? An increase in the FUTA, SUTA, and an addition to SS/MED for federal health mandates. Might as well increase the sales tax as well, and hike the gas tax because people gotta drive to go shop. And a ginormous fine for people who drive and cell phone, or own black vehicles, or TVs larger than 10", or do not seperate their garbage, or are unsympathetic to the dry vally gobbler trout, flush a toilet when its mellow yellow, kick a tenant out for not paying rent, blah blah blah f^k it you're all guilty and owe fines; its a joke. And not a ha ha funny one.

Thats right Fred, a reverse Grapes of Wrath if ya will.

Posted by swksvolFF 2009-10-17 13:24|| 2009-10-17 13:24|| Front Page Top

#6 They should pass a law forcing the employers not to cut their payrolls. That'd fix things.

Amateurs authoritarians... jeez. Force them to hire on pain of Mississippi Bubble.

Posted by .5MT 2009-10-17 13:58|| 2009-10-17 13:58|| Front Page Top

#7 "We are disproportionately hit in the government sector because our state and local governments are having worse budget shortfalls than in other states"

That's because, since the 1920s, the government sector was the main recipient and spender of money in California. Business went along with the 'progressivism' because the improved infrastructure and education system helped them.

That started going downhill in the 60s; the business sector and other groups that could have been a credible opposition either stood mute or were too enmeshed in the system, or left the state.

Hence, Zimbabwe on the San Adreas.

Posted by Pappy 2009-10-17 15:43|| 2009-10-17 15:43|| Front Page Top

#8 Years of fiscal irresponsibility cause the 8th largest economy in the world to go bust.

Posted by JohnQC 2009-10-17 16:00|| 2009-10-17 16:00|| Front Page Top

23:46 gromky
23:44 gorb
23:17 Anguper Hupomosing9418
23:11 Anguper Hupomosing9418
23:04 trailing wife
22:31 Cornsilk Blondie
22:15 Pappy
22:07 Pappy
22:05 Mike Kozlowski
22:04 Skunky Glins****
22:02 Mike Kozlowski
21:56 Skunky Glins****
21:44 Alaska Paul
21:30 phil_b
20:02 Anonymoose
19:46 Procopius2k
19:46 Frank G
19:37 JohnQC
19:34 Frank G
19:33 JohnQC
19:32 eLarson
19:20 Old Patriot
19:13 Skunky Glins****
19:09 JohnQC