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Richardo (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 02:18 AM Original message |
Krugman nails the reasons for California's economic debacle |
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opihimoimoi (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 02:41 AM Response to Original message |
1. A case where the WARNINGS went UNHEEDED.....and, UNINTENDED CONSEQUENCES |
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Kablooie (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 03:39 AM Response to Reply #1 |
3. You are very right there. The government runs a vast array of shit. |
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Richardo (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 07:05 AM Response to Reply #3 |
5. How long have you been in California? |
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Kablooie (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 03:44 PM Response to Reply #5 |
31. Pretty much. Prop 13 is great for my taxes but schools and other things have had problems ever since |
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Bunny (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 03:19 AM Response to Original message |
2. K&R |
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Richardo (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 05:51 AM Response to Reply #2 |
4. :^) |
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zipplewrath (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 07:22 AM Response to Original message |
6. The solution for California (and other states) |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 07:40 AM Response to Reply #6 |
8. Many states have balanced budget ammendment that in a limited fashion does just that. |
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Richardo (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 08:02 AM Response to Reply #8 |
10. But the main point is that the citizen's intitiatives need to have a funding mechanism attached. |
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zipplewrath (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 09:37 AM Response to Reply #8 |
15. Not exactly |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 09:57 AM Response to Reply #15 |
20. I see. |
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zipplewrath (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 03:25 PM Response to Reply #20 |
28. I propose worse |
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Richardo (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 08:36 AM Response to Reply #6 |
12. I like the idea of required funding mechanisms for initiatives |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 07:28 AM Response to Original message |
7. What I don't understand is.... |
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rvablue (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 04:10 PM Response to Reply #7 |
32. The answer is in the caveat you wrote re: home prices. |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 07:48 AM Response to Original message |
9. They are doing the same thing in Texas |
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Johonny (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 08:23 AM Response to Original message |
11. Right on the money |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 09:41 AM Response to Reply #11 |
17. You have to look at the reasons we adoped the 2/3 majority system |
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JHB (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 09:32 AM Response to Original message |
13. It's also a lesson on paying attention to what's happening |
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Captain Hilts (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 09:33 AM Response to Original message |
14. They want govt. services without paying taxes. Infantile. Schools have tanked, etc. nt |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 09:40 AM Response to Original message |
16. That is codswallop - State tax revenues continued to increase after Prop. 13 |
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MajorChode (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 11:57 AM Response to Reply #16 |
27. That's the same argument used for Bush's tax cuts |
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havocmom (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 09:42 AM Response to Original message |
18. Yep. And I screamed about it in 1980 when the Reaganites campaigned nationally |
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Bluenorthwest (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 09:52 AM Response to Original message |
19. Prop 13 was on the ballot in the first election I voted in |
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Richardo (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 10:43 AM Response to Reply #19 |
21. Your father saw more than most. |
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book_worm (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 10:44 AM Response to Original message |
22. Exactly. |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 10:47 AM Response to Original message |
23. it's not really any big secret...it won't win him any pulitzers. |
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Richardo (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 10:51 AM Response to Reply #23 |
24. He's coasting now. |
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Bunny (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 11:19 AM Response to Reply #24 |
25. . |
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Blue_Tires (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 11:56 AM Response to Original message |
26. ttt |
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Cha (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 03:26 PM Response to Original message |
29. Time to pay the piper.. |
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mnhtnbb (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 03:35 PM Response to Original message |
30. As a resident , I watched CA start to destroy itself with the passage of Prop 13. |
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DCKit (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 04:25 PM Response to Original message |
33. K&R for the comments. |
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MaxPlancker (25 posts) Send PM | Profile | Ignore | Tue May-26-09 10:56 PM Response to Reply #33 |
36. Where does the money go? Here---> |
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Wednesdays (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 10:11 PM Response to Original message |
34. K&R |
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HughMoran (1000+ posts) Send PM | Profile | Ignore | Tue May-26-09 10:21 PM Response to Original message |
35. Well, at least older people aren't taxed out of their homes |
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