Can Water Stop California’s Economic Growth?

| September 2, 2014

California’s sunshine is getting a little out of hand…so we would love to throw a little water on the subject, no pun intended, but….maybe we’ll use sand instead. Source: CDEC

California January Tax Revenue Well Below Estimate By $528 Million

| February 10, 2012

So, Governor Brown, what happened to the big recovery  you were expecting…and how about the giant consumer spending binge of the last two months fueled mostly on credit……just asking?  This is a disaster to the state budget. Spending up as reflected in sales taxes, while income is down, relected in income taxes. California collected $528 million less in […]

California Hits The Brakes…So What happened?

| January 31, 2012

We ask Governor Brown of California, what happened to those Rosie optimistic solutions and improving tax receipts that you talked about not to long ago? Looks like we have the same skid marks on the road as last year…Can’t anybody come up with a conservative assumption going forward.  Oh ya, that’s right… you were thinking that residents will vote for a tax […]

Math 101 For Morons

| August 9, 2011

California was counting on collecting increasing tax revenue, even though almost every tax generating category in the state is slowing. Rest assured that these political morons never passed basic math 101. California just announced that state tax revenue fell in July, more than 10% below expectations.  The LA Times blog says this will, “make it more likely that deeper cuts […]

No Sunshine For California’s State Budget

| November 10, 2010

This is unbelievable….beyond belief……..California’s deficit over the next year and half has gone vertical soaring to $25.4 billion. California faces a far-larger budget shortfall than state officials were projecting only weeks ago. The deficit over the next year and half has soared to $25.4 billion, the state’s chief budget analyst said on Wednesday. The startling figure […]

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