sco
enthusiast
Posts: 2667
Loc: allen,TX USA
Reg: 10-26-02
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05-30-11 08:14 AM - Post#132514
Dallas Morning News editorial on Texas budget.
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carygold
enthusiast
Posts: 4929
Reg: 05-30-08
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05-31-11 09:39 AM - Post#132539
In response to sco
Thank you. Good Posting.
I am surprised to see writing like that in the Morning News, they tend to lean to the right in their reporting and editorials.
If CEO's increased their pay at the same rate as Average Americans
their pay would average $1,384,890 not $10,621,000 |
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MissingChico
enthusiast
Posts: 2228
Reg: 02-13-06
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05-31-11 09:59 AM - Post#132541
In response to carygold
Based on many of the comments posted by readers, there remains this rabid element or conservatives who are angry that they only achieved a small percentage of the cuts they wanted while still cutting taxes, creating more tax loopholes and basically crippling state government. I can't imagine what's going through some of their heads. I really would love to be able to see what they envision for America. Seems to me the "Little House On The Prairie" is their goal.
| I get my news from the Comedy Central and my comedy from Fox News. |
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sco
enthusiast
Posts: 2667
Loc: allen,TX USA
Reg: 10-26-02
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05-31-11 10:16 AM - Post#132543
In response to MissingChico
I personally think the ultra-conservative wing of the party in Texas may see a backlash after this session. Polls taken before the session started indicated that people did not want to see cuts in education. It is really hard to make the case to any but the ultra-conservative wing that there is any logical reason to leave $6 billion in a rainy day fund when it is raining cats and dogs. There is so much smoke and mirrors in this budget that I predict we will be in much the same boat in the next legislative session. If the economy improves drastically and we are still seeing a huge deficit the state leadership is going to have some serious tap dancing to do to explain it.
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MissingChico
enthusiast
Posts: 2228
Reg: 02-13-06
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05-31-11 10:48 AM - Post#132549
In response to sco
I personally think the ultra-conservative wing of the party in Texas may see a backlash after this session. Polls taken before the session started indicated that people did not want to see cuts in education. It is really hard to make the case to any but the ultra-conservative wing that there is any logical reason to leave $6 billion in a rainy day fund when it is raining cats and dogs. There is so much smoke and mirrors in this budget that I predict we will be in much the same boat in the next legislative session. If the economy improves drastically and we are still seeing a huge deficit the state leadership is going to have some serious tap dancing to do to explain it.
It's going to be very interesting to see who pulls out of this free fall first, Texas or California. I much prefer how California is raising some taxes all while making necessary cuts. It just makes sense to raise revenue and make every attempt to restore education and services for the elderly.
| I get my news from the Comedy Central and my comedy from Fox News. |
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mgrayar
enthusiast
Posts: 3143
Reg: 09-25-09
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05-31-11 11:04 AM - Post#132551
In response to MissingChico
Although I agree with both of you on the majority of this topic, Texas and California are on different planets with regards to their financial state. I would hope we are holding ourselves to a much higher standard than just getting out of this mess sooner than California!
Learn more about Cystic Fibrosis and how you can help at:
http://www.cff.org
Everyone can make a difference! |
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MissingChico
enthusiast
Posts: 2228
Reg: 02-13-06
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05-31-11 11:16 AM - Post#132552
In response to mgrayar
Although I agree with both of you on the majority of this topic, Texas and California are on different planets with regards to their financial state. I would hope we are holding ourselves to a much higher standard than just getting out of this mess sooner than California!
With that said, can you explain exactly what it is that you feel makes California so different other than they were far more abruptly affected by the housing bubble? California will always be more adversely affected by real estate bubbles due to it's desirability and coastal location.
| I get my news from the Comedy Central and my comedy from Fox News. |
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mgrayar
enthusiast
Posts: 3143
Reg: 09-25-09
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05-31-11 02:40 PM - Post#132565
In response to MissingChico
Although I agree with both of you on the majority of this topic, Texas and California are on different planets with regards to their financial state. I would hope we are holding ourselves to a much higher standard than just getting out of this mess sooner than California!
With that said, can you explain exactly what it is that you feel makes California so different other than they were far more abruptly affected by the housing bubble? California will always be more adversely affected by real estate bubbles due to it's desirability and coastal location.
I'm not sure what/why your asking. Do you dispute that California is in a much worse position than Texas? Or that it will take a lot longer for California to recover than Texas? That's all I was saying. We need to not use California as a barometer, they are on a whole different spectrum.
Learn more about Cystic Fibrosis and how you can help at:
http://www.cff.org
Everyone can make a difference! |
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vrs
enthusiast
Posts: 2630
Loc: Allen, Texas
Reg: 04-20-00
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05-31-11 03:08 PM - Post#132568
In response to mgrayar
Once upon a time, in a thread far far away, Missing Chico shared with us that the meaning of his/her nickname does not have to do with a small spanish boy who is no longer in the picture but rather that he is "missing http://en.wikipedia.org/wiki/Chico,_Californi a"
So if I (heaven forbid) were to move to California and someone posted on a message board "I think we should hold ourselves to a higher standard than Texas" then I would most likely ask for more details.
Now returning you to our regularly scheduled topic....
| Blessed be the cracked, for they let in the light. |
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mgrayar
enthusiast
Posts: 3143
Reg: 09-25-09
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05-31-11 06:50 PM - Post#132588
In response to vrs
Details are all over the internet, it's not that hard people. California is deeper in debt, has no semblance of a rainy day fund, has higher taxes (less enticing), is losing companies, and has over 11% unemployment. My post was in response to someone who made this comment:
It's going to be very interesting to see who pulls out of this free fall first, Texas or California.
There is very little comparison to our situations, that was my point. It is fact, not opinion, Texas was better prepared for the downturn. Not ideally prepared, but not California unprepared either. It doesn't matter if your from Chico, CA or Chico, TX, it is just as honest of a statement.
None of this relates to the topic, and I fully agree with Sco on the use of the RDF to avoid major cuts. Fair enough VRS?
Learn more about Cystic Fibrosis and how you can help at:
http://www.cff.org
Everyone can make a difference! |
Edited by mgrayar on 05-31-11 06:54 PM. Reason for edit: No reason given.
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