California just became the fifth largest economy in the world, surpassing Great Britain. California's gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the federal data said.
Certainly this is no surprise to me as Democrats (who have run the entire state for the last decade) do capitalism better than Republicans do. Yet it must come as somewhat of a shock to all of those doomsayers and pantsshitters on the right who loudly claimed (from their parent's basement) that the best economies are the ones built by Ayn Rand. Of course, they can never find examples of this, past or present, which makes it yet another example of their tantrum against some sort of authority figure from their past.
I wonder how the all the douchey right wing bloggers and commenters are going to explain this one away. All that money...made by a government with high taxes and high spending. Where's all the stifling they foam at the mouth about? The government intrusion? The excessive regulation?
Seems like it's all working out just fine in deep blue California...
Showing posts with label California. Show all posts
Showing posts with label California. Show all posts
Monday, May 07, 2018
Saturday, July 02, 2016
Our Mice Are Alive, Your's Are Dead
California is now the 6th largest economy in the world? All while being run by those tax and spend Democrats? GDP at 4 percent? Surplus at $11 billion? Compare this to Kansas and Louisiana.
I know it's hard to let go of something so personal as an economic ideology but the definition of insanity is doing the same thing over and over again and expecting a different result. Supply side economics doesn't work. It never did. Conversely, raising taxes on the wealthy and increasing government spending improves economies. It ALWAYS has.
Labels:
Bill Maher,
California,
Economics,
Supply Side Economics
Thursday, January 16, 2014
Paying Down Debt
Hey, look what super liberal California Governor Jerry Brown is doing.
Gov. Jerry Brown on Thursday proposed a $106.8 billion general-fund budget that seeks to pay off a big chunk of the state's long-term debt while making modest investments in public schools, health care and the troubled bullet train. While the state's finances have improved significantly since the days of embarrassing, multibillion-dollar deficits, Brown said at a morning news conference that he believes the newfound fiscal stability could be short-lived and that restrained spending of scarce state resources is crucial.
What the-?!!?? A fiscally responsible liberal. you say? Where is Spock with a beard?:)
Gov. Jerry Brown on Thursday proposed a $106.8 billion general-fund budget that seeks to pay off a big chunk of the state's long-term debt while making modest investments in public schools, health care and the troubled bullet train. While the state's finances have improved significantly since the days of embarrassing, multibillion-dollar deficits, Brown said at a morning news conference that he believes the newfound fiscal stability could be short-lived and that restrained spending of scarce state resources is crucial.
What the-?!!?? A fiscally responsible liberal. you say? Where is Spock with a beard?:)
Labels:
California,
Debt,
Government spending,
Jerry Brown
Saturday, September 28, 2013
Cheerleading California
Bill Maher tells quite a different story from all the griping I hear from conservatives about California. I wonder why. Could it be that the things he says in this video are true? Crap. Now what? Quick! Time to make up some bullshit!
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