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We know that the number of people who have stopped looking for jobs is growing in California.
We know that foreclosures are growing.
We know that AB 32 is chasing jobs from our State.
There is evidence these problems are affecting the economics of this State.
December sales tax in California was DOWN 2.3%. Sales Tax in Texas in December was UP6.6%
Another piece of evidence is this, "California consumers cut their credit card debt by 9 percent in 2010, ending the year owing an average of $7,217." Less credit card spending is a good thing for the individual, for business and jobs it is bad. California is going to be in a Depression for a generation, thank you Arnold and Jerry.
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We know that foreclosures are growing.
We know that AB 32 is chasing jobs from our State.
There is evidence these problems are affecting the economics of this State.
December sales tax in California was DOWN 2.3%. Sales Tax in Texas in December was UP6.6%
Another piece of evidence is this, "California consumers cut their credit card debt by 9 percent in 2010, ending the year owing an average of $7,217." Less credit card spending is a good thing for the individual, for business and jobs it is bad. California is going to be in a Depression for a generation, thank you Arnold and Jerry.
More...