Hello:
Here's the link.
excon
PS> This question was inspired by another contributor. You DO know who, don't you?
California is the "granola" State... Lots of fruits, flakes and nutz !
I have noticed recently that the Vast RIght Wing Echo Chamber (and people whose heads are stuck in it) have started inflating "debt" numbers by focusing on "unfunded liabilities."
Sometimes this makes sense. Somtimes it doesn't.
For example, one could argue that I am dead broke because I have about $500,000 in "unfunded liabilities" of rent/food/health insurance/etc. payments I need to make over the next 20 or so years. That's both perfectly true...and almostly completely nonsensical.
That's a very different sense of "broke" than having a $500 rent payment due and only $300 on hand.
Under the latter definition, California is NOT broke, while states which have tried the old cut-taxes-on-the-rich austerity are.
How about Liberal, Kansas?....;-D...
How about comparing apples to oranges? We have a LOT of states that were not even brought into the granola bowl. How does question make sense?
Even if it DID make sense?
