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California Declining

maurice93

Well-known member
Mar 29, 2006
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Do you have a date set up on your personal calendar to start a monthly thread on California?
 

Darts

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Jan 15, 2017
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I only present the facts as stated in Forbes and other articles. I take no credit or blame for the facts. For example, the Forbes article speaks for itself. The facts are what they are. For the record I am neither left nor right. However, I am a realist.

Would love to see any articles from a reputable source(s) that say California is not sinking.
 
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Darts

Well-known member
Jan 15, 2017
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It fell in 2020.
It fell again in 2021 and will again in 2022. (The only growth appears to be the homeless.)
California Population 2021/2022 (populationu.com)

YearPopulation% Change
201037,320,903
201137,641,8230.86
201237,960,7820.85
201338,280,8240.84
201438,625,1390.90
201538,953,1420.85
201639,209,1270.66
201739,399,3490.49
201839,557,0450.40
201939,675,7160.30
202039,538,223census updated
July 1, 2020
2021*39,237,836-0.76
2022*38,959,247-0.71
 

Pleasure Hound

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Dec 8, 2021
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If true, it does not surprise me. As the US polarization gets more serious, people will actually move to better "climates" (those who believe what they do). Richer people (California, New York, etc.) can afford to move to poorer areas (parts of Texas, etc.) while people who already live in the poorer areas (Mississippi, Alabama, etc.) can't move to the more affluent cities (LA, New York, etc.). So, I can understand a slight reduction in population in California, but it will cease for sure.

I am not sure if this is true but it is a hypothesis with some legs, I guess.....
 

Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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The other major thing to consider is just housing.
Real Estate in California and New York is prohibitively expensive and that pushes people out.
 
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oil&gas

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Apr 16, 2002
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Ghawar
California’s Unemployment Fund is Insolvent, Far Surpassing Other States

Aug 25, 2022

I recently dug into our government’s convoluted unemployment insurance system. As is typically true with most government policy, any stone one decides to unturn is ripe with waste, fraud, and mismanagement.

In 1935, FDR (of course) created the first federal unemployment insurance program via the Social Security Act. The program created a national lending pool for states with insolvent unemployment relief accounts. It began by ‘incentivizing’ states to join the program and of course is now a required federal tax on all employers.

Called the FUTA tax, it’s levied on business owners directly for each employee they have. The IRS makes clear on its website, “Only the employer pays FUTA tax; it is not deducted from the employee’s wages.” Leaving aside the naive assumption that employees and customers will not share the burden of this tax, I can’t help but laugh at the rationale here: Private employers are, by definition, the greatest force combating unemployment. So, let’s punish them with a tax – reducing their ability to hire – and use it to incentivize not working!

During COVID, with unprecedented levels of layoffs amid government lockdowns and commensurate increases in unemployment stimulus, many state unemployment relief funds became deeply indebted to the national fund. Though none come close to California’s negative $19 billion balance.

In a world where trillion-dollar spending packages are commonplace and each week another billion is sent to Ukraine, it’s hard to grasp what is actually a big number. To put it into perspective, the second most indebted state is New York at negative $9 billion. Look at how CA compares to its peers:
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Frankfooter

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Apr 10, 2015
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The other major thing to consider is just housing.
Real Estate in California and New York is prohibitively expensive and that pushes people out.
Don't forget the switch to remote work.
It happened up here as well, with housing all over Ontario going way up as people moved out of the city when they realized they could do their jobs remotely.
Its still an open question of whether that will really stick long term.
 

Darts

Well-known member
Jan 15, 2017
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The other major thing to consider is just housing.
Real Estate in California and New York is prohibitively expensive and that pushes people out.
Some people live in New Jersey and commute to work in NYC. Some people live in Greenwich and commute to work in NYC.

A lot of New Yorkers live in Queens which isn't that expensive.
 
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