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  #1  
Old 07-23-2013, 07:51 AM
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whell whell is offline
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Right, but you still have to have money coming in to be able to pay back all of that debt. Much of a state's income comes from personal and property tax revenues. California's population isn't growing like it used to.

What opportunities has Michigan "frittered away"?
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Old 07-23-2013, 08:30 AM
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finnbow finnbow is offline
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Quote:
Originally Posted by whell View Post
Right, but you still have to have money coming in to be able to pay back all of that debt. Much of a state's income comes from personal and property tax revenues. California's population isn't growing like it used to.

What opportunities has Michigan "frittered away"?
Building cars at a quality and cost level that Americans wanted to buy?
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Old 07-23-2013, 09:34 AM
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bobabode bobabode is offline
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Quote:
Originally Posted by whell View Post
Right, but you still have to have money coming in to be able to pay back all of that debt. Much of a state's income comes from personal and property tax revenues. California's population isn't growing like it used to.

What opportunities has Michigan "frittered away"?
Real estate values and the associated revenues from the increasing sales has leaped back to pre recession levels here in California. The amount of new construction and the old standbys of repair/ remodels locally is another healthy sign. The folks I've talked to in both the suppy end and the tradesmen and women are optimistic again.

It appears to me from a couple thousand miles away that politics in Lansing have started to mirror the lunacy of the do nothing/know nothing congress in Washington. There's a cancer in the body politic, no one from the right side of the aisle seems to give a crap about the working stiffs who generated the overwhelming majority of tax revenues. We can't grow and prosper on minimum wage jobs.
Just my two cents.
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Old 07-23-2013, 11:20 AM
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Rajoo Rajoo is offline
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Originally Posted by bobabode View Post
Real estate values and the associated revenues from the increasing sales has leaped back to pre recession levels here in California. The amount of new construction and the old standbys of repair/ remodels locally is another healthy sign. The folks I've talked to in both the suppy end and the tradesmen and women are optimistic again.

Just my two cents.
California poised to regain No. 8 ranking in global economy

http://blogs.sacbee.com/capitolalert...l-economy.html

California has a huge diversified economy compared to most states. Controlling the spending by the state house has been the problem racking up deficits like Detroit. But CA has the revenue stream that most nations do not.

Rounding off to five cents since we can afford it.
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  #5  
Old 07-24-2013, 01:12 PM
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bobabode bobabode is offline
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Originally Posted by BeamOn View Post
California poised to regain No. 8 ranking in global economy

http://blogs.sacbee.com/capitolalert...l-economy.html

California has a huge diversified economy compared to most states. Controlling the spending by the state house has been the problem racking up deficits like Detroit. But CA has the revenue stream that most nations do not.

Rounding off to five cents since we can afford it.
Leaving a penny for the next guy? I do that too.

I've been springing for coffee for any boys in blue that I find at 7/11 for years. It's the least I can do to show my appreciation for them doing a good job. It's even more fun when my hair is getting a little long...damn smartassed hippie.
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  #6  
Old 07-25-2013, 08:48 PM
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Rex E. Rex E. is offline
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Quote:
Originally Posted by bobabode View Post
Real estate values and the associated revenues from the increasing sales has leaped back to pre recession levels here in California. The amount of new construction and the old standbys of repair/ remodels locally is another healthy sign. The folks I've talked to in both the suppy end and the tradesmen and women are optimistic again.

It appears to me from a couple thousand miles away that politics in Lansing have started to mirror the lunacy of the do nothing/know nothing congress in Washington. There's a cancer in the body politic, no one from the right side of the aisle seems to give a crap about the working stiffs who generated the overwhelming majority of tax revenues. We can't grow and prosper on minimum wage jobs.
Just my two cents.
The other thing is people WANT to live in Cali...not many WANT to live in MI at all let alone Detroit.
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Old 07-25-2013, 09:09 PM
Charles Charles is offline
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Originally Posted by Rex E. View Post
The other thing is people WANT to live in Cali...not many WANT to live in MI at all let alone Detroit.
Glad you like it, but I ain't lost nuttin' there.

Chas
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  #8  
Old 07-23-2013, 11:07 AM
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Rajoo Rajoo is offline
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Originally Posted by whell View Post
What opportunities has Michigan "frittered away"?
"South Carolina (BMW), Mississippi ( Nissan ), Tennessee (Nissan), Alabama (Mercedes, Honda and Hyundai), Texas ( Toyota ), and Kentucky (Toyota). The foreigners do have a few plants in the North, too: Honda in Ohio and Indiana, and Toyota and Subaru-Toyota in Indiana."

The reasons could be considered inevitable but are well known. I still do not quite understand why GM closed Saturn.
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Last edited by Rajoo; 07-23-2013 at 11:22 AM.
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