california has a $100 billion (!) budget surplus [1] and is ranked the 3rd worst state to live in [2] where does all of the money go? [1] calmatters.org/politics/2022… [2] topagency.com/report/best-wo…

Aug 7, 2022 · 3:50 PM UTC

117
74
8
833
Load newest
Replying to @sama
Wait... so CA is 3rd in Quality of Life but 48th overall? That makes zero sense.
1
Replying to @sama
Because residents of CA only vote for incompetent politicians who like to blame the 1% who paid most of the tax for everything ill of the society. No surprise, incompetent politicians squandered all the money.
Replying to @sama
Pockets.
Replying to @sama
Fund your sisters startup
Replying to @sama
California could really be a paradise without the shitty government.
Replying to @sama
California ranks #1 in corruption taxes.
Replying to @sama
It goes to our budget surplus.....? What does this even mean.
1
Replying to @sama
I don't know where all of it goes, but at least some of it is spent, but spent ineffectively: seliger.com/2017/08/30/l-dig… From what I understand, transit spending is even worse, and even less efficient and effective.

L.A. digs a hole more slowly than economics fills it back in: The Proposition HHH Facilities...

As newsletter subscribers know, last week the City of Los Angeles released the “Proposition HHH Facilities Program FY 2017-18 Request for Proposals for the FY 2018-19 Bond Issuance.” That program is...

seliger.com
1
Replying to @sama
the government is ineffectively run and tax dollars are siphoned to poorly-thought out virtue signals. Does San Mateo county need to budget $5mm to bus in out of state pregnant women for abortions? Irrational priorities with pie in the sky solutions.
1
Replying to @sama
On that same rating that lists California as third worst state to live in, it ranks quality of life in California as third best. Some interesting methodology they got going on there.
5
Load more