Quote:
Originally Posted by DAEMANO
Umm, yeah, guess what, every state carries debt. The value of that debt and the ability to repay that debt is what matters. Just like nearly every homeowner has a mortgage that is many times their annual income. The mortgage isn't indicative of financial health. Often times the assets that are mortgaged can be a great investment. California easily makes its' debt repayments. The fact that California has become fiscally healthy really chaps some people's hides. I really don't know why. Still, not a very good attempted pivot. Care to address the numbers in a substantive way? Not seeing too many takers on talking facts over Strawmen like potholes.
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Mostly because nobody cares.
We are onto you Mr Jerry Brown!