The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (202949)	5/19/2009 9:01:25 AM
From: The Reaper	Read Replies (2) of 306849

Reagan years doubled absolute revenue to the Treasury per year by the end. Democratic Congress and Senate during those years managed to spend more than that each year. You keep blaming Reagan for his economic policies when the blame belongs to both houses. CA legislature can't keep itself from spending more money than they have no matter what the tax revenue. The "electorate" has had it. All these propositions will go down today. CA is on the fast track to BK without federal help. It's been building for years all due to a free spending legislature which I may add has been Democratic for years and years.

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