Cal State Online Fall 2020

[dfrecore]

Cali has been a failed state for a while.

California has the largest economy in the United States & 5th largest on earth (larger than the UK).. I don't think that constitutes a failed state.

https://www.aei.org/carpe-diem/putting-a...countries/

It has failed us, believe me.  You can't believe the things that go on here.  Illegals get more than lifelong state residents like myself.  If you're anything but liberal, your vote basically counts for nothing.

The amount of unfunded liabilities is so enormous; it's calculated to be somewhere between $1.25T and $3.79T.  The T stands for TRILLION.  So between $31,000 and $95,000 per Californian.  There are only 2 options to fix this: 1) our taxes will have to go up dramatically to fund these pensions; or 2) the state will go bankrupt, and all of the people getting lifelong checks from the government will be very unhappy that the gravy train is coming to an end. They will get pennies on the dollar, and since most live on the edge, with mortgages and boats and RV's and lifestyles that are supported by the taxpayers forever, with no reason to save or slow down their spending, the economy will come screeching to a halt.

Whichever of these happens, it will cause so much economic damage, you won't believe it.