Quote:
Originally Posted by Ralph Sir Edward
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You're kidding, right? You drag California into this, over a
hypothetical rating of A, and call that near bankruptcy?
Texas was only a hypothetical AA, but they're perfect?
Texas had a GSP of $1.08 Trillion in 2007, and yet California's GSP is $1.82 Trillion, or nearly double that of Texas. I think a deficit of $26 billion isn't that much compared that amount of production.
And let's not mention our educational system. While many make fun of our high schools, our University system is second to none in the world.
This is not to say California is perfect, we have many idiotic laws made by nearsighted political partisians. But, to compare a state who's best known catchphrase was designed to stop their constituents from littering (Don't Mess with Texas) with one known for influencing the world's culture (Hollywood, CA) is disingenuous at best.