"Unemployment dropped to 9.5 percent — the lowest level since July 2009 — from 9.7 percent. But the reason for the decline was more than 650,000 people gave up on their job searches and left the labor force. People who are no longer looking for work aren't counted as unemployed."
Great news unemployment is down? Right.
"SACRAMENTO, Calif. – Gov. Arnold Schwarzenegger on Thursday ordered about 200,000 state workers to be paid the federal minimum wage this month because the state Legislature has not passed a budget, but the state controller is refusing to comply."
"The Republican governor has been frustrated by the Legislature's failure to close California's $19 billion budget deficit, even as the new fiscal year began Thursday."
What you mean California can't print it's own money? Most people are not aware that California has already borrowed $8 Billion from the Federal Government. I don't know how you borrow billions from the Federal Government when they are $13 Trillion in the hole!
Yesterday it was reported the Big Bad Mean Spirited GOP shot down a $33.9 Billion Unemployment Extension Bill. That's oly $14.9 Billion more than would completely bail out the State of California! That's a pretty significant chunk of cash!
The Democrats blame the Republicans of course for "Blocking" the Bill. The problem: There is NO FUNDING... the Democrats just want to borrow more, add to the deficit and hand out the Monopoly money. And while I'd like to see the unemployed get compensation while they look for work (Who wouldn't? The Bankers got everything they asked for and more) at some point you can't just keep printing and borrowing money... or can you (Apparently Team Obama thinks that's how you "fix" everything).
The Republicans asked the Democrats to dip into the Surplus in the Stimulus Bill that has not been spent. Be they can't do that... they are going to spend that money in their own due time on the things they want to spend it on.
So you have to ask yourself... can Government fix the economy? Sadly we all know the answer to that question.
by Ralph Deeds 9 years ago
Paul Krugman's column in the NYTimes today 1-5-08 is entitled "Fighting Off Depression." In it he called the recent economic numbers "terrifying," not just in the U.S. but around the world. Manufacturing in particular is plunging everywhere; banks aren't lending; businesses and...
by Stacie L 7 years ago
GOP lawmaker wants ‘South California’ to be the nation’s 51st stateBy Holly Bailey | The TicketA GOP lawmaker in California says he has a solution to the state's massive budget woes: He wants 13 conservative-learning counties to secede and form a new state called "South...
by Mike Russo 6 months ago
President Donald Trump mocked Democrats Monday for their stony reactions during his State of the Union speech last week, saying that it was even "treasonous.""They were like death and un-American. Un-American. Somebody said, 'Treasonous.' I mean, yeah, I guess, why not," he said...
by H C Palting 5 years ago
How do you feel about the state of California mailing condoms to children as young as 12?The program intends to reduce pregnancy and the spread of STD's.
by Doug Hughes 8 years ago
"For those keeping score, there have been seven special elections for U.S. House seats since the president's inauguration 16 months ago: NY20, IL5, CA32, CA10, NY23, FL19, and PA12. Democrats have won all seven."From Steve Bennen - http://www.washingtonmonthly.com/archiv …...
by My Esoteric 17 months ago
I'll let you answer that but provide this insight from a recent CNN poll. Q16. If you had to choose, would you rather see Donald Trump and the Republicans in Congress mostlyimplement Republican policies and pay little attention to the positions taken by the Democraticleaders in Congress, or...
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