RS
On Friday, the exquisitely coiffed governor announced that not only had the surplus [of $47.5 billion] evaporated, but the state was actually running at a $32 billion deficit—$10 billion more than he had predicted in January. Oops.
Newsom tried to pretend that it really wasn’t that big of a deal: “We have a $31.5 billion challenge, which is well within the margin of expectation and well within our capacity to address,” he said.
Hopefully the High Speed Rail System will help work that deficit down.
Gavin needs to monetize the delta smelt.
Covid! Or something.
“I wish I could say there is no way he could ever win a presidential election, but I am at a loss to explain why California voters not only put him in office, they re-elected him.”
*Tee Hee*!
No, no,no.It’s CalPERS. The state retirement fund. That’s extremely underwater. When Nancy Pelosi’s nephew wants to act like a financial genius he excludes those numbers. When he’s after fed dollars he includes them. The payout is a fucking joke. And will bite a bunch in the ass real soon. Me and the wife no a couple of them. That are sweating bullets.
Call me crazy, but if you’re making $521 Billion in a year by doing nothing other than forcing people to pay you at gunpoint and end up with $47.5 Billion at the end of the year, or 9%, I don’t see how that’s a massive success by any metric. Then you somehow piss away that 9% and then some, and call it “well within the margin of expectation?” These people are high.
There’s no reason in hell California, or any state, can’t figure out how to hold onto 80% of what they bring in. We’re so far overtaxed with nothing to show for it. And no state ever plans for anything. Hell, I’m expected to have an emergency fund, but when there’s a fire, earthquake, storm, or what have you, states beg for money they don’t have. They never have money. Here’s an idea, just STOP collecting money all together, it’s not like they ever have it anyways.
Yea, I’m a pissed off taxpayer. Probably cause I’m white and ineligible for any benefit. Can’t even find a pothole-less road to drive on in my 20 year old car, but buy the government a new car every year.
Abracadabra!
Alakazam!
Presto Chango!
Hocus-pocus!
Voila! -70B
He’s Kamala Harris, only better looking.
Gavin buys every progressive vote he can with taxpayer money. Now you know why we have a debt.
When is there ever a surplus of money in government? No such thing exists.
Noisome Newsom knows exactly where the money went – he and the other members of the CA Politburo stole it.
And no, he’s not worried about it – because the dumbasses will pony up $Billions more for he and his fellow Oligarchs to steal.
mortem tyrannis
izlamo delenda est …
He’s Our next Trudeau….Between Voter Fraud and Stupid Women He’ll be
installed like the Jotato.
Are the politiwhores having a contest to see who can steal the largest amount of taxpayer dollars?
Cuz that is sure what it seems like.
And now for his next trick, watch Gavin the Great make productive citizens and businesses disappear from the state.