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Author Topic: Jerry Brown credited with California's Comeback... Back to Topics
RNorm

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San Bernardino

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Message Posted: Jul 6, 2013 3:26:40 PM

"Gov. Jerry Brown is drawing praise and glowing reviews from the national media for his deft political maneuvering in closing a $25 billion budget deficit and restoring some of California's financial luster after years of recession.

The state's credit rating is on the rebound, schools are expecting an infusion of money this fall, and the budget for the new fiscal year even includes a modest rainy day fund after years of deficits forced billions of dollars in program cuts.

Yet Brown's legacy remains uncertain as he finishes his third term in the governor's office and prepares for a likely re-election campaign for a fourth and final one.

The $6 billion a year in sales and income tax increases he persuaded voters to approve last fall will be expiring by the end of his possible fourth term in 2019, leaving the same type of budget headaches he inherited. What Brown has called California's "wall of debt" remains, including an estimated $200 billion in unfunded public pension and retiree health care liabilities.

And he is pushing two infrastructure projects that could saddle the state with additional debt for decades to come – a $68 billion high-speed rail system and a $24 billion water plan that includes freeway-sized water tunnels under the Northern California delta.

Despite the criticism over long-term spending, Brown has managed to turn the national conversation about California, which was often portrayed as a sort of "paradise lost" during the recession.






In a May profile, The Atlantic called Brown a "ruthlessly practical" governor who was "embracing his inner politician to restore the California dream." Journalist and Ronald Reagan biographer Lou Cannon, in an essay posted late last month on realclearpolitics, noted the "remarkable comeback" of both Brown – the former "Governor Moonbeam" – and his state."
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AC-302
Champion Author Los Angeles

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Message Posted: Jul 13, 2013 12:37:14 AM

I gotta tell you RNorm, 101Speedster is right. What "comeback"? Jerry Brown has caved to the unions and left us with billions more in future unfunded retirement mandates that we of California have no hope of ever being able to pay. In addition, I'm not sure where all this money you speak of has come from? Taxes have been raised to the hilts. But as I understand it, we're still out of balance in terms of $$ intake vs output. And if the Land of Fruits and Nuts is such a miracle place, then why is our state's population SHRINKING, and why are jobs moving out of state at a record pace, including my own with my previous company of 12 years?
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101Speedster
Champion Author Ventura

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Message Posted: Jul 13, 2013 12:22:35 AM

I live in California. What comeback?
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jayrad1957
Champion Author Los Angeles

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Message Posted: Jul 8, 2013 8:34:36 AM

"Funny how all these people who don't live here spend all day bashing California"

BINGO! Wonder if they have ever been out here....
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RNorm
Champion Author San Bernardino

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Message Posted: Jul 8, 2013 7:18:10 AM

"if not the highest tax burden in the country people leaving california for texas?"


Well, nobody's begging them to stay and that just means fewer people on the already crowded highways...

Funny how all these people who don't live here spend all day bashing California...But yet all these people and great businesses who do live here ain't complaining.

SMH
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wbacon
Champion Author Philadelphia

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Message Posted: Jul 8, 2013 5:09:17 AM

What comeback? Highest gas taxes? One of the highest if not the highest tax burden in the country people leaving california for texas?
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RNorm
Champion Author San Bernardino

Posts:52,033
Points:1,157,635
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Message Posted: Jul 7, 2013 10:52:33 PM

"Probably the same ones hoping California will fall into the Pacific after a major earthquake..."


LOL! Yeah, I can see them gnashing their teeth each time there's a tremor out here and we're still standing....

*ROTFL*
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jayrad1957
Champion Author Los Angeles

Posts:24,134
Points:2,083,390
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Message Posted: Jul 7, 2013 10:45:52 PM

"And I'm sure they're pulling their hair out because their predicted doom hasn't happened..."

Probably the same ones hoping California will fall into the Pacific after a major earthquake...
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RNorm
Champion Author San Bernardino

Posts:52,033
Points:1,157,635
Joined:Mar 2005
Message Posted: Jul 7, 2013 5:43:25 PM

"are things getting a tad better, because of him, or in spite of him?"


This is the predictable conservative response.

When a liberal does good, its "in spite of him"...but yet if california wasn't turning around, you conservatives would be blaming him until the cows came home; because that is what you do blame liberals for everything and never giving them their just due.

I recall when Brown won the election, some of the main conservatives around here were predicting california's doom. And I'm sure they're pulling their hair out because their predicted doom hasn't happened...

SMH
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noseatbelt
Champion Author Indiana

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Message Posted: Jul 7, 2013 4:46:19 PM

are things getting a tad better, because of him, or in spite of him?
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btc1
Champion Author Lexington

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Message Posted: Jul 7, 2013 3:52:14 PM

Yeah, AC, "Governor Moonbeam" gets NO credit for anything.

Especially this,

"The state's credit rating is on the rebound, schools are expecting an infusion of money this fall, and the budget for the new fiscal year even includes a modest rainy day fund after years of deficits forced billions of dollars in program cuts."

Improvements are made but they mean nothing to those on the right, because well...this guy is from the left. Typical.

Unfunded pensions and the ones promised them are the problems for every state. It is especially hard when they have to be taken away from those who have worked all their lives with the promise of them being there later. Politicians just move money, usually whether they are from the right or left. You are right this will be hard for every state from California all the way back to here in Kentucky and on east. When someone figures out the fair and proper way to do it, let me know. I will take it straight to our governor.

[Edited by: btc1 at 7/7/2013 3:56:26 PM EST]
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Cirdan
Champion Author Nevada

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Message Posted: Jul 7, 2013 3:26:03 PM

The next big fiscal disaster will be unfunded pensions - particularly in government like CA and Illinois.

By the way, it's not a "high-speed" train anymore. Now it's a medium speed train to cut costs.
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AC-302
Champion Author Los Angeles

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Message Posted: Jul 7, 2013 2:51:12 PM

I think the "Brown Streak" (the useless high-speed "train to nowhere") is exactly the kind of practical (read as: impractical) thinking our governor is renowned for. One thing he needed to do was to get tough with the unions and to take away some of those unfunded pensions that we cannot afford. There's not enough money in the state to pay for it all. I don't see why the governor deserves praise here. He's only perpetuated the problems and raised taxes. He hasn't really made any "hard choices".
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