California tops other states in job growth

[luckytxn 2,264]

Except the spending policies that the Socialists did has prolonged the agony and now will cost us Trillions on the interest alone at what they spent. In addition the root problems are still there festering.

California is doing it with 10 million more in population than Texas. The whole Gulf coast region has been the catalyst for the robust economy for the past few years. Even Florida. Unfortunately we are about to get hit down here hard as these layoffs and bankruptzies go on.

The most important thing to note here is that all across the land jobs are being created at an incredible pace. A pace which we have not seen since the 1990's. Which comes to show that it pays a dividend to have a Democrat in the White House. Just imagine if Congress or many of the individual states had not blocked every measure that was guaranteed to spur job growth - this would be 1990's all over again. But even with all that obstruction, we're doing better than at any point between Jan 2001 and Jan 2009.

Edited March 24, 2015 by luckytxn

[Sousuke 1,214]

Except the spending policies that the Socialists did has prolonged the agony and now will cost us Trillions on the interest alone at what they spent. In addition the root problems are still there festering.

California is doing it with 10 million more in population than Texas. The whole Gulf coast region has been the catalyst for the robust economy for the past few years. Even Florida. Unfortunately we are about to get hit down here hard as these layoffs and bankruptzies go on.

Because of oil?

[luckytxn 2,264]

Because they found enough that they can export it. It is ridiculous the amount that was being spent and still is.

Because of oil?

[elmcitymaven 9,712]

We gave up temporarily on buying about 2 years ago. I'm in the East Bay and people who used to live in the City are being displaced which knocks up East Bay costs. BART can't really handle all the new commuters either. My wife takes it and its standing room only despite the fact she gets on the second or third stop of her line.

We put the search on hold about 9 months ago after being outbid on the world's smallest house (465 sq ft) near Dodger Stadium. It went for about $50k over asking, and it was all too dispiriting. The only place we really liked had a semi-senile seller who forgot that he needed to get the approval of the other co-owner before he could sell it, so we had to withdraw the bid. A shame, because it was in a cool 1920's building with an amazing foyer, complete with grand piano. Now Mr U is looking at buying a mixed use property and either renting out the shop on the bottom, or using it himself as either a hobby area or to finally set up the artisanal chocolate production he's been trained to do. (As a CABA, though, I encourage him to keep his day job so I can enjoy Cheetos on his $$$$$-paying IT salary.)

[Mr. Big Dog 10,747]

Except the spending policies that the Socialists did has prolonged the agony and now will cost us Trillions on the interest alone at what they spent. In addition the root problems are still there festering.

California is doing it with 10 million more in population than Texas. The whole Gulf coast region has been the catalyst for the robust economy for the past few years. Even Florida. Unfortunately we are about to get hit down here hard as these layoffs and bankruptzies go on.

Money spent to stimulate the economy is much less of an issue than the money blown up in an illegal, stupid and unnecessary war overseas. That's a few trillion dollars pizzed right out the window there - and it is worth noting that it wasn't any socialist doing the pizzing.

The root problem is indeed still festering. That being the market depriving itself of the oxygen it needs to breathe. Ever more money is concentrated in ever fewer hands leaving the market wondering where the buyers of goods and services went. Well, they went bankrupt and that isn't changing until the realization that what has happened over the last 3-4 decades - Reagonomics or voo-doo economics as a wiser leader once called it - isn't sustainable.

[luckytxn 2,264]

That money is a huge issue because it made a problem worse and prolonged it. It didn't work during the great depression and didn't work now. Of course I expect you to deflect to the war as that is the usual. You are right because the Socialists started every major war before that. Also Bush did play a good Socialist and started an unfunded prescription plan that was the largest up to that point until an even bigger Socialist in Obama came along and showed everyone how to really do it right. Bush also started the spending to get out of the market crash but Obama went right on and spent even more and is still spending more until it will take many Trillions of dollars just to pay the interest.

After Obama won reelection it is all on him now so too bad. He is a weak man and an even weaker POTUS. The economy is humming along despite his mishandling because we found a lot of oil. We went into a boom time. If Obama is lucky the bust will take time until he leaves office.

The root problem is that the same old inefficiences are still there. No way General Motors should still be a viable company along with many others. They should have been folded and gotten rid of. The reason more money is concentrated in fewer hands is because Obama kept filling the trough so the pigs could get their fill.

Money spent to stimulate the economy is much less of an issue than the money blown up in an illegal, stupid and unnecessary war overseas. That's a few trillion dollars pizzed right out the window there - and it is worth noting that it wasn't any socialist doing the pizzing.

The root problem is indeed still festering. That being the market depriving itself of the oxygen it needs to breathe. Ever more money is concentrated in ever fewer hands leaving the market wondering where the buyers of goods and services went. Well, they went bankrupt and that isn't changing until the realization that what has happened over the last 3-4 decades - Reagonomics or voo-doo economics as a wiser leader once called it - isn't sustainable.

[Mr. Big Dog 10,747]

That money is a huge issue because it made a problem worse and prolonged it. It didn't work during the great depression and didn't work now. Of course I expect you to deflect to the war as that is the usual. You are right because the Socialists started every major war before that. Also Bush did play a good Socialist and started an unfunded prescription plan that was the largest up to that point until an even bigger Socialist in Obama came along and showed everyone how to really do it right. Bush also started the spending to get out of the market crash but Obama went right on and spent even more and is still spending more until it will take many Trillions of dollars just to pay the interest.

After Obama won reelection it is all on him now so too bad. He is a weak man and an even weaker POTUS. The economy is humming along despite his mishandling because we found a lot of oil. We went into a boom time. If Obama is lucky the bust will take time until he leaves office.

The root problem is that the same old inefficiences are still there. No way General Motors should still be a viable company along with many others. They should have been folded and gotten rid of. The reason more money is concentrated in fewer hands is because Obama kept filling the trough so the pigs could get their fill.

Says who? You? Because economists will largely tell you a different story.

[Teddy B 17,252]

Except the spending policies that the Socialists did has prolonged the agony and now will cost us Trillions on the interest alone at what they spent. In addition the root problems are still there festering.

That money is a huge issue because it made a problem worse and prolonged it. It didn't work during the great depression and didn't work now.

Says who? You? Because economists will largely tell you a different story.

Yeah, you took the words right off of my keyboard.

[GandD 5,966]

With the death of the gold standard, the wealth of nations is more tied to their future prospects for growth and development than how much gold is sitting in Fort Knox. The currently has a better outlook than well...... anyone. Including everyone's favorite golden child China. Who's also in massive debt and looks to be more in debt percentage wise than the US in the next 15 years or so. Stop looking at the US debt like your personal debt. Its not the same..... at all.

[luckytxn 2,264]

And economists will say I am right.

Says who? You? Because economists will largely tell you a different story.

[Póg mo 1,749]

And economists will say I am right.

Which ones exactly? Give us some names or you are full of cr@&.

[JohnR! 5,495]

An economist will say you need to read and learn about how the US economy works.

And economists will say I am right.

[Mr. Big Dog 10,747]

And economists will say I am right.

Ted Cruz, Rand Paul and all the other "cut spending" fetishists are not an economists.

[Mr. Big Dog 10,747]

Take a look at all the crisis economies that have taken the austerity path - not a single one of them is better off than we are nor is any one of them better off today than they were when they embarked on that path. And there's not much light yet to be seen at the end of the austerity tunnel that they try to walk through. In fact, they can't seem to see the end.

[Sousuke 1,214]

With regard to the issues of oil and layoffs that lucky mentioned, I do think it would be good if the US government drastically increased the size of the Strategic oil reserve to help US drillers. They could turn around and sell it at 80 dollars down the road making the taxpayers a nice profit too.

Edited March 25, 2015 by Sousuke