Quote:
Originally Posted by rubicon
California's problems speak for themselves and is a prime example of leadership that has no understanding of economic principles nor their limitation and is irresponsible.
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You are right but it is happening so often and all over the country !
I do not pretend to understand the ups and downs of public finance but what I do know is that Republican and Democrat governors are telling everyone how bad it is and thus it is either taxes or cuts.
I posted an article on Spain and Greece is legend by now...and if we get even close to that with our size and problems I just cannot imagine !
Hearing about Scranton PA and I do not know the specifics but they owed over a million dollars to fund pensions and meet payroll and had 5 grand in the bank. Just scary