More like he knows he CAN'T pay. Isn't California already running on fumes?
Sure, biggest US economy and all that but that doesn't mean much when you spend more than you make. Just recently they defaulted on a federal loan and now Californians have to repay it via increased federal taxes.
More like he knows he CAN'T pay. Isn't California already running on fumes?
Sure, biggest US economy and all that but that doesn't mean much when you spend more than you make. Just recently they defaulted on a federal loan and now Californians have to repay it via increased federal taxes.
True. That would be inflation on steroids. The best thing would be to tell these people no. They weren’t slaves and slavery ended in 1860s
Unfunded pension liability alone is around 700 bilion (over a trillion by some estimates I've seen). Even the fumes dissipated about a decade ago.