Americans who compare California to Greece aren’t too bright.
California has 10% of the US population and economic output.
The federal government is spending a trillion dollars a year more than it takes in. For California to be in a similar situation it would have to be running more than $100 billion in the red each year and have $1.4 trillion of debt.
The fools who point to California and say it sucks to be you ha, ha are too stupid to realize the entire US is Greece - not any one state. It doesn’t matter what state you are in, the federal government is bankrupting all of us. California is a piker compared to the federal government and the federal government does it in all of our names.
You’re right about the USA, under Obama, being a gnat’s eyelash from bankruptcy.
But my state, Indiana, managed to balance its budget.
Your state, California, is `Mini-me’ to the US `Dr. Evil.’
The `Golden’ state is faced with being unable to make payroll.
Like the USA, it is also close to bankruptcy. Like Greece, the US and CA are “insolvent”: their debts overwhelm their assets.
The rest of us shouldn’t have to explain to you what our 8 year olds understand: you can’t buy a comic book, a candy bar and a soft drink if you only have one thin dime in your pocket.
The rest of us shouldn’t have to pay for your state’s fiscal irresponsibility. It does suck to be you.
“Americans who compare California to Greece aren’t too bright.”
Thanks DB. as a 71 year old life-long Californian I appreciate your comments. Sure we are in the grips of a RAT infestation, but they, like the Zebra, are about at the end of their string and are grasping at budgetary straws to try and make the voters think that things are getting better when they are, most decidedly not. The recent votes against PE union pensions in San Diego and San Jose are the bellweather of what’s in store for the union RATs and their enablers in the state legislature. There just isn’t anywhere left to hide for them!