Put it all together and between CALPERS, CALSTRS and the like, and it spells certain doom. Judgement Day is coming folks, and no one seems too concerned.

About a year or so ago analysts were wringing their hands over Italy because it was in the dumpster, and still is. But Italy was disconcerting because of its size: eighth largest economy in the world. But here’s the rub: Cali is ALSO the eighth largest economy – we’re as big as Italy.

Which raises the question: what happens when the most important state in the world’s first true global empire is up to its forehead in debt?

Nothing good can come of this. And the bureaucrooks, left, right, democrap, retardican… are hopelessly lost or just pied pipering us all to the edge.

This is not partisan — it’s reality.

Actually, JPR11, the top U.S. CEO’s surveyed rank California “the worst state in which to do business” for the TENTH straight year (May, 2014).
http://chiefexecutive.net/best-worst-states-for-business-2014#ranking

In 2012, our supply of California businesses shrunk 5.2%. In ONE year. NOTE: That’s a NET figure – 5.2% fewer businesses in CA in 2012 than were here in 2011. Indeed, in 2012, CA lost businesses at a 67.7% higher rate than the 2nd worst state! http://riderrants.blogspot.com/2013/07/in-2012-ca-lost-businesses-at-677.html

The top U.S. CEO’s surveyed rank California “the worst state in which to do business” for the 10th straight year (May, 2014).
http://chiefexecutive.net/best-worst-states-for-business-2014#ranking

From 2007 through 2010, 10,763 manufacturing facilities were built or expanded across the country — but only 176 of those were in CA. So with roughly 12% of the nation’s population, CA got 1.6% of the built or expanded manufacturing facilities. Stated differently, adjusted for population, the other 49 states averaged 8.4 times more manufacturing growth than did California.
http://www.cmta.net/20110303mfgFacilities07to10.pdf — prepared by California Manufacturers and Technology Association

California is now ranked as the worst state to retire in. Easily the lowest percentage of people over age 65. We “beat” ’em all – NY, NJ, etc.
https://www.fidelity.com/insights/retirement/10-worst-states-to-retire-2014

Good news, Bob! We are no longer the third worst state. The new figures are out, and we are now tied for 2nd place!

Wait . . . about that good news . . . .

But here’s the thing. As late as 2006 the Golden State was about average in unemployment. CA was at 4.8% unemployment in Nov, 2006 – vs. national 4.6%. Hence it must be Bush’s fault.

Perhaps its because we have so many seeking work, who are like yourself–unable to spell the simplest words. Imagine being a citizen of the state of California and not even being able to spell the name of your own state–let alone pronounce it!

Oh, and of course us other folks are not taxpayers too!

You do a pretty good job of “infesting” this blog yourself, with all the uncalled-for disrespect you show to some of us here who try to put forth reasonable debate about issues that affect us all as Californians. Personally, I was able to come from another state to California, with little in my pocket, 58 years ago, and find gainful employment. I am very sorry that newcomers to CA, today, do not have that same luxury.

Jobs go begging!