California is broke - Lets spend more and raise taxes!

Jerry Brown (D), governor of Crapifornia wants to increase spending by 7% and increase taxes. Yeah, makes complete sense. I mean California is broke, the economy sucks, unemployment is high and home prices are still descending.

How about this. How about things hurt, spending gets cut and people get laid off. Sucks, I know, but you cannot continue to spend and increase taxes, especially when there are lower cost states nearby.

If I get some time today I will take a look at his entire budget. For some reason I think there is other stuff to cut before you attack school budgets. Either way, NO MORE TAXES!

From Brown Seeks 7% California Spending Boost

102 Comments
 

Well, socialists keep telling us that tax cuts does not work. I guess raising them will.

Obviously, the reason tax cuts had no great effect is because the governement borrows the money to afford it. The problem is, now the gov have to pay back the principal (bring taxes back up) + the interest (raise taxes even more vs pre-tax cut level - or they can just print money/inflation, wich is a hidden tax).

Just look at Detroit. It's a war zone.

 

The US needs California so we can point to them and show everyone how worthless socialism is. If the big one hits I won't donate a dime to help.

And no, the lettuce won't pick itself. Too bad Democrats support Mexican SLAVERY instead of pushing farmers to invest in John Deere equipment which would make ILLEGAL SLAVE LABOR unnecessary in a couple years.

 
ANTThe US needs California so we can point to them and show everyone how worthless socialism is. If the big one hits I won't donate a dime to help.

And no, the lettuce won't pick itself. Too bad Democrats support Mexican SLAVERY instead of pushing farmers to invest in John Deere equipment which would make ILLEGAL SLAVE LABOR unnecessary in a couple years.

Someone REALLLLY just doesn't like the west coast, damn! The Mexican immigrant 'slavery' is a system that has worked well for BUSINESS for the last century and a half, the political parties both keep that cheap labor gravy train rolling.
Get busy living
 

How the party of minorities can be for illegal immigration is beyond me. Whenever someone questions it, Democrats respond "but who will pick our vegetables for such a low price".

Lets have some fun.

Instead of vegetables, substitute cotton. Bang.

 

"California (STOCA1) Governor Jerry Brown proposed $92.6 billion in spending for the year starting in July, an increase of about 7 percent, which will count on voters approving $7 billion of higher taxes in November."

I see what you did there.....

 

Paulson - exactly. Unfortunately for me, I went from California to Illinois, which is in competition for being the more poorly run state.

 
mfoste1politicians are running this country into the ground......how are americans so stupid to let this go on?! we live in a twilight zone

People vote for what is in their best interest. The problem is we have an ever growing amount of people who take from the system, but contribute nothing. Unfortunately, Democracy listens to everyone, regardless of their contribution to the society.

 
Best Response
ANT
mfoste1politicians are running this country into the ground......how are americans so stupid to let this go on?! we live in a twilight zone

People vote for what is in their best interest. The problem is we have an ever growing amount of people who take from the system, but contribute nothing. Unfortunately, Democracy listens to everyone, regardless of their contribution to the society.

I would venture that a very large percent of the population is voting AGAINST their interest and are blinded by ideology...of the left AND the right. Americans are mostly educated until at least the high school level but their priorities are out of order. California is a perfect example: they're running up the bill, waiting for a bailout, and giving the crackpots center stage on the debate circuit...which blows my mind because the last administration totally fucked them.
Get busy living
 
ANT
mfoste1politicians are running this country into the ground......how are americans so stupid to let this go on?! we live in a twilight zone

People vote for what is in their best interest. The problem is we have an ever growing amount of people who take from the system, but contribute nothing. Unfortunately, Democracy listens to everyone, regardless of their contribution to the society.

A vote is like a rifle: its usefulness depends upon the character of the user. -Theodore Roosevelt

 

Liberal states, gotta love 'em.

Liberalism is basically an economic cancer. You destroy it in every institution before it metastasizes and destroys the entire state and eventually country.

 

speaking of socialist this is why the fail!!!!!

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no... one would be rich, a great equalizer. The professor then said, "OK, we will have an experiment in this class on Obama's plan". All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all). After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.. The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F. As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else. To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. It could not be any simpler than that. Remember, there IS a test coming up. The 2012 elections.

These are possibly the 5 best sentences you'll ever read and all applicable to this experiment: 1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. 2. What one person receives without working for, another person must work for without receiving. 3. The government cannot give to anybody anything that the government does not first take from somebody else. 4. You cannot multiply wealth by dividing it! 5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

I want a lady on the street, but a freak in the bed, Go Bucks!!
 

These are possibly the 5 best sentences you'll ever read and all applicable to this experiment: 1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. 2. What one person receives without working for, another person must work for without receiving. 3. The government cannot give to anybody anything that the government does not first take from somebody else. 4. You cannot multiply wealth by dividing it! 5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

God Bless you Ambition!

 

God bless you too ANT. Cali needs to get its act together, kinda sucks that its still such a gorgeous state. I still sometimes feel like I want to move back to SF/LA when I have a family, but the fucking govt just sucks ass there.

I want a lady on the street, but a freak in the bed, Go Bucks!!
 

true texas has the same perks that cali has, plus the limo service there is incred. TPG PE all the way.

I want a lady on the street, but a freak in the bed, Go Bucks!!
 

Gotta love that, as ANT pointed out, school budgets would have to be cut if we don't raise taxes. Way to scare people into feeling like higher taxes is the only way. They had some lady on the local news yesterday saying something to the effect of "well, like...yeah, of course I don't want to pay more taxes. But we can't let our kids, you know, down like that. I don't want there to be cuts to education."

 

I don't know why my brother insists on staying in CA...I even offered him a one-way ticket home to TX.

He just wants to stay in Crapifornia.

 

I'm kind of enjoying our ruin, it's like watching the Walking Dead and the voters are the "walkers." WSO will have to be one of the survivor camps.

 

well if people start-ups fail then..... they live on welfare simple as that. :D, then there are all the actors that fail too

I want a lady on the street, but a freak in the bed, Go Bucks!!
 
Ambitionwell if people start-ups fail then..... they live on welfare simple as that. :D, then there are all the actors that fail too

I read a story once about a guy who was a drug dealer that got busted but got out of a jail sentence some how, the applied for welfare in CA and got it. Total fail.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

Everyone makes fun of Perry for being a dumb ass, come and see whats hes done here. Yes you did see what I did there.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

lmao, really wow haha, speaking of drug dealing..........

To me money is a drug. Investment bankers raise money work/ work on DEALS. therefore Investment banking = drug dealing!

I want a lady on the street, but a freak in the bed, Go Bucks!!
 
ANTJerry Brown (D), governor of Crapifornia wants to increase spending by 7% and increase taxes. Yeah, makes complete sense. I mean California is broke, the economy sucks, unemployment is high and home prices are still descending.

How about this. How about things hurt, spending gets cut and people get laid off. Sucks, I know, but you cannot continue to spend and increase taxes, especially when there are lower cost states nearby.

If I get some time today I will take a look at his entire budget. For some reason I think there is other stuff to cut before you attack school budgets. Either way, NO MORE TAXES! From Brown Seeks 7% California Spending Boost

People should stop referring to government in the first person plural. It is nothing more than a parasite feasting on the hard work of people. How will they be able to raise the money?

I am not cocky, I am confident, and when you tell me I am the best it is a compliment. -Styles P
 

Wonder how long it takes cali to break the 60% total income tax threshold? The truely ironic thing is, the more they raise it the more people leave, the bigger the gap the more they have to raise it. Liberals refuse to see simple math and causation.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 
blackrainnhttp://www.mydesert.com/article/20120106/NEWS10/201050353/Gov-Jerry-Bro…

So basically he is holding a gun to California's head and saying pass this or we will cut education for your children.... nice.

If the state is starting to cut its deficit and increase revenues slightly why in the hell are they increasing spending? Once you pay it off come back and we'll talk.

Cutting its deficit? Joke right?

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

I agree that CA should not be raising taxes, but where did all the talk about socialism and welfare come from? It states in the article that Brown's plan calls for "$4.2 billion in cuts, mostly to welfare and programs for the poor."

 

This is getting ridiculous. Assuming Brown's taxes pass, a person earning $250,000+ residing in LA can expect to pay: - 11.3% state income tax - 8.84% state general corporation tax - 8.75% state sales tax - 2.35% insurance tax - 0.65% vehicle licenses tax - an additional 31.73% tax on tobacco products passed to the consumer

And perhaps the most insidious, malign, unforgivable part is the $0.20, $0.30, and $3.30 per gallon tax on beer, wine, and spirits respectively. Seriously fuck you.

Making money is art and working is art and good business is the best art - Andy Warhol
 
dwight schruteThis is getting ridiculous. Assuming Brown's taxes pass, a person earning $250,000+ residing in LA can expect to pay: - 11.3% state income tax - 8.84% state general corporation tax - 8.75% state sales tax - 2.35% insurance tax - 0.65% vehicle licenses tax - an additional 31.73% tax on tobacco products passed to the consumer

And perhaps the most insidious, malign, unforgivable part is the $0.20, $0.30, and $3.30 per gallon tax on beer, wine, and spirits respectively. Seriously fuck you.

This is why you make your own beer and wine. I do.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

The bottom-line is no matter how much they raise taxes people are still going to want to live in California. Hollywood, Silicone Valley, thousands of other big businesses, and the state's natural beauty create an environment that is tough to leave. And no, I don't work for California's Department of Tourism.

Competition is a sin. -John D. Rockefeller
 
Hooked on LEAPSThe bottom-line is no matter how much they raise taxes people are still going to want to live in California. Hollywood, Silicone Valley, thousands of other big businesses, and the state's natural beauty create an environment that is tough to leave. And no, I don't work for California's Department of Tourism.

While this is true, just like anything else there is a PNR (point of no return), everyones is different. California has passed the PNR for many small and medium sized business owners as a large number of them have left and set up shop in neighboring states. The point is all that you described is great but its useless if people can not afford to live their because their government is taxing them into the poor house.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 
heister
Hooked on LEAPSThe bottom-line is no matter how much they raise taxes people are still going to want to live in California. Hollywood, Silicone Valley, thousands of other big businesses, and the state's natural beauty create an environment that is tough to leave. And no, I don't work for California's Department of Tourism.

While this is true, just like anything else there is a PNR (point of no return), everyones is different. California has passed the PNR for many small and medium sized business owners as a large number of them have left and set up shop in neighboring states. The point is all that you described is great but its useless if people can not afford to live their because their government is taxing them into the poor house.

While states like Texas will need to constantly bribe people to move or live there. If you had the same taxation or cost of living no one in their right mind would live in Houston over San Deigo. In the energy space I work, people constantly have to make the decision to work in Houston or not and many choose not to till the firms start screaming higher signing bonuses.

 
Powa23Hopefully California gets a republican governor (or a governor that has more sense) next so public workers will stop getting paid $100,000 to $200,000 with benefits when they retire at 48
^^^ yes. The unions are too powerful, and the most powerful is the prison guard union...THEY tell the government how to run their system. Instead of putting the money into education/infrastructure or letting people keep their tax dollars, the general public is subsidizing the union workers.

I don't hate unions on principal, just when they start squeezing the life out of a place. I was in a company sponsored union a decade ago, and they ran everything for the long term benefit of everyone...there was never a strike, and the union was very reasonable. In Cali, the unions have totally hijacked the system, and do not care about the rest of the system as long as they get paid, so I'm hoping the next governer cuts them down. For the good of EVERYONE

Get busy living
 
Nobama88A Republican governor will not do any good. Look at Arnold. The legislature is extremely liberal, thus allowing the republican governor to do very little.

I am in California and thinking about moving out. I cant justify the expense to live in a polluted city that takes 1.5hours to drive 6 miles after work, having to pay $1,000,000 to live in a 2,000 SF house (where I cant even see the beach), where I feel like I am in a 3rd world country because I walk into a business and I am the only person speaking English, where the "specials" at a bar are $10, where I am taxed out of my asshole so that people can leach off the govt tit, where my kids cant use the public school system unless I want them looking for the best exit ops of the local gang, but those same get kids into the best California University b/c they were top 10% in their shithole public school and a minority (yet barely can read on a 12th grade level) etc etc....

I can stick to another state where I pay 3xs less and travel to actual nice vacation spots... how anyone thinks LA or SF is a vacation spot idk, they are more like cities full of wack jobs who poop and pee on the street and beg me for more of my money all day long.

Man, I share some of those same sentiments. The only thing that makes CA tolerable for me right now is that I'm in a resort area so there's not too much off-season traffic. But everything else sucks and the top thing with me right now is the sales tax. Way too fucking high and only going to get worse. My next job and/or move will almost definitely be out of state. Those states with no personal income tax and low sales tax (like Montana) are starting to look good right about now.
 
Nobama88A Republican governor will not do any good. Look at Arnold. The legislature is extremely liberal, thus allowing the republican governor to do very little.

I am in California and thinking about moving out. I cant justify the expense to live in a polluted city that takes 1.5hours to drive 6 miles after work, having to pay $1,000,000 to live in a 2,000 SF house (where I cant even see the beach), where I feel like I am in a 3rd world country because I walk into a business and I am the only person speaking English, where the "specials" at a bar are $10, where I am taxed out of my asshole so that people can leach off the govt tit, where my kids cant use the public school system unless I want them looking for the best exit ops of the local gang, but those same get kids into the best California University b/c they were top 10% in their shithole public school and a minority (yet barely can read on a 12th grade level) etc etc....

I can stick to another state where I pay 3xs less and travel to actual nice vacation spots... how anyone thinks LA or SF is a vacation spot idk, they are more like cities full of wack jobs who poop and pee on the street and beg me for more of my money all day long.

YES

 
Nobama88
Edmundo BravermanWe had a saying when I lived in San Diego: "There is no life east of I-5."

If you're not right on the beach and absolutely fucking slaying it money-wise, there is absolutely no reason to live in California.

THIS, 100%. growing up here, I can tell you that unless you are killing it $$ wise and live in West LA (Santa Monica / Manhattan Beach / etc) then there is absolutely zero point to live in California. You get none of the benefits one thinks of when living in California, you are more then likely living next door to a meth house or a gang member yet you are still going to be paying out of the ass for taxes, housing, food, gas, etc... and if you ever do want to go to the beach it will take you 2 hours to get there.

I dont know about you but just to be able to say "I live in California" isn't worth taking the huge living standard cut you will definitely experience "east of the I-5". I think the state will begin to experience a huge increase in not only business leaving California, but in college educated 20 something year olds leaving. In this current economy, there are not a ton of jobs here in California and the ones that are here are offering the same or lower then what the same job in another state is offering to new college grads. I forget where I saw this, but the avg salary for a new college grad since the recession in Southern California is around $40K (if you can get one). Have you checked out the apt rental rates? I dont like paying 50% of my net income in rent... lol.

That being said, California has a ton to offer. Its a shame how hard this state has fallen in the last 20 years. Hollywood doesn't even want to live and work in Hollywood anymore. That should tell you something. haha.

wow, is LA really that fucked up?

 

biggest beneficiary of illegal immigration is agri-tycoons. illegals are human beings and have the same hopes and needs as any other american family, which includes medicine, education, and sometimes, jailing. the true cost - the coolie wages paid to them = what is dumped on the other california taxpayers (of which i used to be one). a few years back wrecks would remain on the highways for a few days because caltrans was on furlough. third world here we come.

it's too bad. year round beautiful weather, scarcity of fatties (i hate fatties), fine nightlife.

hate to disillusion all of your GOP partisans but no governor can fix this mess. the office is made constitutionally weak so our last Austrian strongman couldn't get the state's shit back in one sock. and given the recent history of the lengths to which Austrian strongmen will go to attain their goals, that should give you pause.

 
Nobama88Comfortably on $50K? Where? I understand people do live on $50K here (i think thats close to the avg income), but you are not living where Eddie and I are talking about.... you are living next to the meth dealers and gang leaders.

Culver City? You are looking right around $650K for a avg 3bed house.
Westwood? Just looking at the MLS of recent homes sold in the last 3 months, you wont find anything lower then $950K.

Tell me how a $650K mortgage can be comfortable when you are throwing down $50K a year?

LA is full of five dollar millionaires and its going to come back to bite the city in the ass.

rent, don't buy. and get a roommate. even when i left right in the pits of the crash it was an awesome renter's market. i could have gotten a bigger solo place if i wasn't too lazy to move my shit.

and how did this meme of buying > renting get so deeply buried in our national mind? anyone here ever hear of the rent yield criterion?

 
Nobama88I am not talking from the perspective of a 20 year old college student. I am talking from the perspective of a 25+ yar old looking to settle down and make a career and family. Rent and get a roommate when I am 30 years old and have a wife and kids? Sure, I can rent a house in those areas you mentioned, but that will still run me $2,500 - $3,000.

And if you are working full time and over the age of 25 and you still need to have a roommate to make ends meet, that shit just aint worth it. Which is my point about California needing to get its act together b/c its not sustainable.

Oh BTW those prices for the housing is ridiculous as is but that doesn't even take into consideration property tax which is the huge killer a lot of home buyers dont think about.

touche.

 

A big LOL to the guy that said you can live in LA for 50K . . . yeah right! I grew up in LA and left it because I couldn't lead the life I wanted to and I was making over 70K at the time! Rents in LA are still through the roof. Worked in WeHo for a long time and you can't find anything for less than $1500/month. When you factor in the high income taxes and COL, 70K and $1500 rent with a modest car note doesn't leave room for a ton of other things. You can live on 50K but with 2 roommates and in a slightly shady area. And since I'm a grown man - roommates? Homey don't play that . . .

I'd also like to modify Eddie's statement just a little bit - the desert in CA is also attractive. It's no Hermosa Beach but I live in Palm Springs and it's gorgeous out here with great people and world-class golf. Lower COL and nowhere near as much traffic as LA. If it wasn't for this area, I wouldn't be in CA at all. Once I leave this area (work or otherwise), I'm out of CA.

 
melvvvarthe life i wanted to live was to be banging three chicks in weekly rotation and cruising as a grad student with a side income for a business i was running on autopilot. you can do that on 50K . . .bin Cedar Rapids, Iowa.[/b]

Fixed it for you.

 
GentlemanJack
melvvvarthe life i wanted to live was to be banging three chicks in weekly rotation and cruising as a grad student with a side income for a business i was running on autopilot. you can do that on 50K . . .bin Cedar Rapids, Iowa.[/b]

Fixed it for you.

let's do the math. i was taking home 3500 a month. part of that was paycheck and part was cash business income. 1000 to rent, 100 to utilities and phone. 100 for car insurance, and i still owed 300 a month on my car. groceries are 500. the 50 a night i spent on drinking and dining. and i did not let my prime years for fucking go to waste.

 

born and bred. i had a roommate in west LA. 2000 for a 2BR not findable in 2007? you're not looking hard enough. right off santa monica blvd near century city. i had a cheap cellphone. i had a low bandwidth internet connection with no TV. 100 for utilities is plenty realistic if you are almost never home and are splitting with another person who is almost never home (euro chick, didn't tap it but gooood eye candy).

i was able to live some fucking sweet years in LA because i knew how to do it. don't hate. just emulate.

and to the guy above: i ain't yer son, bitch.

 
melvvvarborn and bred. i had a roommate in west LA. 2000 for a 2BR not findable in 2007? you're not looking hard enough. right off santa monica blvd near century city. i had a cheap cellphone. i had a low bandwidth internet connection with no TV. 100 for utilities is plenty realistic if you are almost never home and are splitting with another person who is almost never home (euro chick, didn't tap it but gooood eye candy).

i was able to live some fucking sweet years in LA because i knew how to do it. don't hate. just emulate.

and to the guy above: i ain't yer son, bitch.

Son, you're supposed to be a grown man. Roommate? What, are you 16 or something? Did you guys do the Cosmo quiz together and then braid each other's hair? That's no life, son.

 
GentlemanJack
melvvvarborn and bred. i had a roommate in west LA. 2000 for a 2BR not findable in 2007? you're not looking hard enough. right off santa monica blvd near century city. i had a cheap cellphone. i had a low bandwidth internet connection with no TV. 100 for utilities is plenty realistic if you are almost never home and are splitting with another person who is almost never home (euro chick, didn't tap it but gooood eye candy).

i was able to live some fucking sweet years in LA because i knew how to do it. don't hate. just emulate.

and to the guy above: i ain't yer son, bitch.

Son, you're supposed to be a grown man. Roommate? What, are you 16 or something? Did you guys do the Cosmo quiz together and then braid each other's hair? That's no life, son.

At the age of 24 I decided it was better for me to get a grad degree and play the field rather than settle down to a life of changing the diapers and taking care of a wife. And I loved evvvery moment of it, bitch.

 
Nobama88
melvvvarborn and bred. i had a roommate in west LA. 2000 for a 2BR not findable in 2007? you're not looking hard enough. right off santa monica blvd near century city. i had a cheap cellphone. i had a low bandwidth internet connection with no TV. 100 for utilities is plenty realistic if you are almost never home and are splitting with another person who is almost never home (euro chick, didn't tap it but gooood eye candy).

i was able to live some fucking sweet years in LA because i knew how to do it. don't hate. just emulate.

and to the guy above: i ain't yer son, bitch.

Well shit, I dont know about the rest of the guys but I wouldn't consider this living 'comfortably'. You are barely making ends meet and you dont even have a family to provide for... or a retirement plan for that matter.

I think my above statements on the state of California stands.

Should I buy his apt building just to raise his rate?

Also you aren't very good at math man $50 bucks a day for going out is 1500 bucks a month on average. Thats going to cut into your budget quite a bit.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

You are not living in a desirable area of a major city for 1K in a nice 1 bedroom. Maybe tastes are different.

And an all cash side business? Hahah. I didn't realize this was drug dealer oasis. Yeah, set your standard of living base off an illegal, tax avoiding and unstable side job. Sounds smart.

 
ANTYou are not living in a desirable area of a major city for 1K in a nice 1 bedroom. Maybe tastes are different.

And an all cash side business? Hahah. I didn't realize this was drug dealer oasis. Yeah, set your standard of living base off an illegal, tax avoiding and unstable side job. Sounds smart.

Not really, the westwood area was excellent. Thanks to overbuilding in the 1990s there was plenty of slack capacity so 2000 gets you a very nice 2BR in a nice, safe part of town full of young, educated people with an excellent dating pool. What's not to desire about that?

And if I WERE dealing I'd have plenty more than 3500 a month.

 

I am confused as well.

Rent: $1,000 Utilities: $100 Car Payment: $300 Insurance: $100 Food: $ 500 Drinking: $1500

Total: $3,500

I guess you never had to put GAS in your car, buy any form of health / vision / dental insurance, or buy anything other then food and alcohol ever (movie tickets, furniture, clothes, co pays, etc). You also have no retirement plan, or emergency fund, or any $ to pay off your student loans (assuming you have had them thru grad school / undergrad).

Looks like you are running a huge deficit to me every month when you take into account your actual, real expenses. Oh, did I mention its not like you are blowing models and bottles every night.... you live in a crappy apt with a roommate as a SINGLE, CHILDLESS male, just barely scraping by.

Dont feel bad because you are doing a lot better then a ton of people in LA. You are a prime example of why California has to get shit in order. Its absurd there.

But back to the point of the OP. California asking for more of your money to pay the leeches and send illegals to the public schools and then off to the public universities. A person making $60K a year is doing so well, you can afford to pay a little more.

 

When you are a grad student all the insurance is paid for. And as a hard science grad student you don't pay a dime of tuition, they pay you. I had to fill my car twice a month because I drove an Illini style japanese gas sipper. Take out $50 from my good time charley fund. i buy almost nothing else except essentials. how often do you replace your clothes because they really wear out? most people replace it when it goes out of fashion. i never ran a balance on my credit card the whole time i was there. not even once.

Not all of us want the 2.5 kids and stepford wife in our mid-20s. I'd say that people rushing into THAT prematurely is what's got california and the country in big trouble. I was living well within my means, and as a student, my priorities were chasing tail and finishing my degree, that's it. I'm not saying that blowing your whole stipend is a good idea. I made a conscious decision to have no cushion because I knew I'd never get these years back and I wanted to get the most out of them doing what is important to me: scoring and drinking. And that can be easily done with 50K a year in a nice part of LA.

 
Nobama88^^^ He more likely takes home around $60-$65K a year...

$50,000 you would have a take home pay of around $2900, not the $3500 he said he takes home.

if i had 65K i could have actually put away savings. 3000 hit my bank every month and 500 is from a side business i've had since i was an undergrad.

i've never claimed that you can do models and bottles on 50K. my friends working the IBD slaveship down in century can afford that. if "living comfortably" means buying $500 bottles, dropping several $K on a much more expensive monthly car payment and generally spending money to floss it, then no, 50K won't do at all.

 
Nobama88I guess living comfortable is relative.

My point of bringing any of this up was to show that the economy in LA / CA in general is fucked and they need to cut spending not increase spending and increase taxes. There will not be any taxpayers in the state left if they continue to do so. This I tried to explain by showing the avg college grad salary vs the cost of living in LA.

The average income in LA is like $45 or $50K. The average home price is $450K (includes the areas you dont want to go as eddie and I were talking about, the areas you mentioned you are looking at $700K avg). The average family living on $50K in LA is not "living comfortable". You barely are able to live on your $55K with a roommate and no Health Insurance or savings. So spare me how you think your situation is normal for the average Californian resident. Sure, a frugal 20 something with no kids, wife, or care for the future can live on $50K, but obviously even barely with that. I was going more on a macro level for people like myself who are thinking about one day having a family and settling down with a career. California is not ideal for a lot of people who are looking for this.

My situation was definitely not normal. It was AWESOMELY abnormal. And most of the people here are 20-somethings, unattached and starting their careers. If I could be having that kind of fun on my grad student pittance imagine what someone with 2x or 3x can be doing.

Nevertheless, please go on and continue to dissuade people from moving in. The 405 gets worse every year and less overcrowding would do us all some good.

 

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