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Comments on: About Those Green Shoots https://whynow.dumka.us/2009/06/20/about-those-green-shoots/ On-line Opinion Magazine...OK, it's a blog Sun, 21 Jun 2009 21:16:27 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Bryan https://whynow.dumka.us/2009/06/20/about-those-green-shoots/comment-page-1/#comment-46325 Sun, 21 Jun 2009 21:16:27 +0000 http://whynow.dumka.us/?p=9682#comment-46325 Politicians have avoiding making hard choices and no the bill has come due.

Florida is totally dependent on the sales tax and no one is buying anything. They have systematically reducing or eliminating every other source of revenue until there is no money left for anything. They refused to build an emergency fund, and let revenue sources be allocated for single purposes, so there is no way of moving money around in the system to cover shortfalls. They have painted themselves into a box in the center of the room, without even walls to climb or break through.

California has changed since I left in 1991, they couldn’t pass a budget on time then, and they still can’t pass a budget. The problem is that each of the next few years will probably be worse than those preceding and there is no way out.

And this was all predictable, and yet the voters selected a body builder and actor to deal with it because they thought he was the character he portrayed.

Maybe people will pack up and move to Oklahoma.

]]> By: Badtux https://whynow.dumka.us/2009/06/20/about-those-green-shoots/comment-page-1/#comment-46319 Sun, 21 Jun 2009 16:39:03 +0000 http://whynow.dumka.us/?p=9682#comment-46319 My co-workers who got laid off last week are panicked, especially the ones on H1B, who end up having to return to Russia or India if they don’t find a job within two weeks. Yeah right, who finds a job in two weeks with 11.5% official unemployment and 18% real unemployment? Even here in the Silicon Valley, unemployment has risen to 11.2%.

I think the politicians in D.C. must have fiddle factories in the basement of the Capital Building and White House, they seem determined to fiddle madly while Rome burns. The State of California is talking about shutting down in a month because there will be no money to meet payroll and no legal authority to borrow any more. No food stamps because those are state-administered, no Medicaid because that is state administered, no unemployment payouts because those are state administered, it’s going to be 3rd world disaster time *especially* with the cut-off of food stamps and unemployment. No way, no how, are the food pantry system and soup kitchens going to be able to meet the demand of food stamps being cut off and people do not voluntarily starve to death. Either there will be mass civil disturbances including food riots on a large scale, or there will be vicious repression on a large scale that will make the current fracas in Iran look like a kindergarten playground scrap. It’s the end of the world as we know it… but our pols’ response seems to be, “fiddle harder!”.

– Badtux the Apocalyptic Penguin
.-= ´s last blog ..Saturday Musical Social Commentary =-.

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