freedomCM_IHB
New member
good one!
others?
others?
freedomCM said:good one!
others?
freedomCM said:well, the texas schools run more on local money, iirc, with great funding variations between districts. overall, the quality of their schools is pretty bad. they also pay 4x the property taxes that CA does, with more local function.
it would be more relevant to compare total gov't outlays (state/county/city) for the two places.
usctrojanman29 said:That doesn't sound good for muni-bond holders.Oscar said:It's not hard to manage them, it's hard to finance them. You have no idea what your outlays will be, only a vague idea of what your budget will be, and your source of revenue is entirely dependent on tax revenues. So, in times of need, when your expenditures will be their greatest, your income will be at it's lowest. Add in a guarantee of service for specific ages and income levels and the cost of labor (either union wages or outsourcing to contractors) and you have a ticking time bomb. California has further limited it's options by creating tax laws that turn the whole process into a Gordian knot. What's worse is that everyone in the government is fighting for their piece of the pie, whether for political power reasons or financial viabitity or just plain self-interest. As long as protecting those things is more important than getting the budget under control, nothing will get changed.biscuitninja said:no_vaseline said:The third rail is MediCal. It cannot be contained and cannot be managed. Everything else is a distraction.
Why is it so hard to manage govt. operations. I bet you one good busienssman and a charter to get it done, would work wonders.
It would be interesting to find out what the metrics of operations were.
-bix
Short of massive changes to both tax laws and spending requirements, California's bonds are worth less than the paper on which they are printed, and that includes every city and county in the state.
waiting2buylater said:California has such a bloated government workforce and its inefficiency is legendary. Arnold is talking about taking away 2 of the 14 paid holidays plus some unpaid leaves and the union hacks are already screaming. How about everyone in state government takes a 10% salary cut. Wouldn't that go a long way in reducing the deficit?
I am so disappointed with Arnold. Instead of "blowing up the boxes", he added more of the same boxes and increased the size of the government probably more that Grey Davis. We just have a bunch of losers running our state.
That's just dandy, bad enough that all those CDSs were written on I-banks and alike but now we'll have to deal with the fallout from these time bombs when these cities/counties/states default on their debt?awgee said:usctrojanman29 said:That doesn't sound good for muni-bond holders.Oscar said:It's not hard to manage them, it's hard to finance them. You have no idea what your outlays will be, only a vague idea of what your budget will be, and your source of revenue is entirely dependent on tax revenues. So, in times of need, when your expenditures will be their greatest, your income will be at it's lowest. Add in a guarantee of service for specific ages and income levels and the cost of labor (either union wages or outsourcing to contractors) and you have a ticking time bomb. California has further limited it's options by creating tax laws that turn the whole process into a Gordian knot. What's worse is that everyone in the government is fighting for their piece of the pie, whether for political power reasons or financial viabitity or just plain self-interest. As long as protecting those things is more important than getting the budget under control, nothing will get changed.biscuitninja said:no_vaseline said:The third rail is MediCal. It cannot be contained and cannot be managed. Everything else is a distraction.
Why is it so hard to manage govt. operations. I bet you one good busienssman and a charter to get it done, would work wonders.
It would be interesting to find out what the metrics of operations were.
-bix
Short of massive changes to both tax laws and spending requirements, California's bonds are worth less than the paper on which they are printed, and that includes every city and county in the state.
It isn't, and even worse for the CDS writers.
freedomCM said:well, the texas schools run more on local money, iirc, with great funding variations between districts. overall, the quality of their schools is pretty bad. they also pay 4x the property taxes that CA does, with more local function.
it would be more relevant to compare total gov't outlays (state/county/city) for the two places.
waiting2buylater said:freedomCM said:well, the texas schools run more on local money, iirc, with great funding variations between districts. overall, the quality of their schools is pretty bad. they also pay 4x the property taxes that CA does, with more local function.
it would be more relevant to compare total gov't outlays (state/county/city) for the two places.
I went to high school in Houston in a middle class neighborhood and the education was fine. Recent SAT scores didn't show much of a difference between the 2 states so I don't agree with your assessment about the quality between the 2, on average. The TX schools are funded by the state, local property taxes and federal fund, pretty similar to CA.
The TX property tax rate is between 3% to 3.5% depending on where you live. Home price is about 1/4 to 1/3 of California price so Texans as a whole probably pay less or the same property tax in actual dollars per household.
The biggest difference is that Texas does not have a state income tax (compares to 9.3% top rate for CA). Californians endure one of the highest tax burden in the nation
and what do we have to show for it?
No matter how you look at it, if it takes CA 2.27 times more money to provide basic services than TX, the system is bloated and being run by incredibly incompetence politicians and people.
Considering that it was a budget crisis that gave Arnold the governor's job, perhaps limiting the argument to only those increases occuring under his watch isn't going to be very helpful. Attempting to reframe the converstion to fit your own ideals on the proper role of government, taxes, and social justice does absolutely nothing to shed more light on the budget problems facing California; it is, in fact, the exact sort of behavior that caused the problems in the first place. Your comments, both in their content and their leading questions, do nothing to address the problem that California is spending more than it is collecting. Rather, you are attempting to redefine the issues rather than stepping back and looking at the problem as a whole.freedomCM said:... he broke out the biggest increases in the CA budget in the arnold times...
That would be the effect of "across the board" cuts, no? What's the alternative? Shall we release 40% of the prisoners so we can keep people in nursing homes from having to move in with their kids or cut the payments to nursing home staff by 25%? Shall we cut fire and police by 40% so we can keep class sizes at current levels? Shall we continue to fund AQMD to the detriment of the next class of college students? Shall we just confiscate enough private wealth from California citizens to bridge the gap each year until the economy recovers?freedomCM said:Its nice and all that you frame your criticism in such a pleasant manner, but the whole "only fair thing" suggestion of accross the board cuts is pretty weak.
prisons? release 10% of the population?
CHIPs? cut them 20%?
aid to local gov't? cut the police and fire 20%?
k-12? increase class size by 20%? decrease higher ed enrollment 20%?
medical care? cut by 20% vaccinations? in home aids that keep seniors out of nursing homes? throw 20% of the people in nursing homes out?
GoIllini said:freedomCM said:I remember we had a thread about this before, but am still curious:
For all of you who say that the state payroll is "bloated", tell us what/who exactly you would cut?
Water agencies... Here in Irvine, we get our water from Irvine Ranch Water District. IRWD is one of about 28 members of the Municipal Water District of Orange County. MWDOC is one of 24 members of the Metropolitan Water District of Southern California. MWDSC is one of the member agencies (others are located in the desert areas to the east of the Los Angeles basin) that allocates California's share of water from the Colorado River. Each of the other states in the river's basin has it's own set of agencies that administer its own share of water. Each agency identified above has it's own Board of Directors (5 to 42 members of each board, depending on which agency), General Manager, General Counsel, Board Secretary, Public Information Officer, lobbyists, and web site. Without reducing the quality of service, or laying off any worker who designs or constructs or maintains the water system, or sends out the bills, or answers the phone when you have a question -- can't we do without all the "Directors" and their minions?
no_vaseline said:that we need to readdress Prop 13.
usctrojanman29 said:That's just dandy, bad enough that all those CDSs were written on I-banks and alike but now we'll have to deal with the fallout from these time bombs when these cities/counties/states default on their debt?awgee said:usctrojanman29 said:That doesn't sound good for muni-bond holders.Oscar said:It's not hard to manage them, it's hard to finance them. You have no idea what your outlays will be, only a vague idea of what your budget will be, and your source of revenue is entirely dependent on tax revenues. So, in times of need, when your expenditures will be their greatest, your income will be at it's lowest. Add in a guarantee of service for specific ages and income levels and the cost of labor (either union wages or outsourcing to contractors) and you have a ticking time bomb. California has further limited it's options by creating tax laws that turn the whole process into a Gordian knot. What's worse is that everyone in the government is fighting for their piece of the pie, whether for political power reasons or financial viabitity or just plain self-interest. As long as protecting those things is more important than getting the budget under control, nothing will get changed.biscuitninja said:no_vaseline said:The third rail is MediCal. It cannot be contained and cannot be managed. Everything else is a distraction.
Why is it so hard to manage govt. operations. I bet you one good busienssman and a charter to get it done, would work wonders.
It would be interesting to find out what the metrics of operations were.
-bix
Short of massive changes to both tax laws and spending requirements, California's bonds are worth less than the paper on which they are printed, and that includes every city and county in the state.
It isn't, and even worse for the CDS writers.