Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (737468)	9/6/2013 1:48:07 AM
From: i-node	Read Replies (3) \| Respond to of 1578331

>> WA state has more debt than Arkansas but that is by no means the only metric when determining the quality of a state's economic life. Well, hell, teddy, anyone can party on borrowed money. If our state were allowed, under its constitution, to borrow all it wanted, we could be having a great time at our children's expense. However, there is that problem with the moral imperative; Arkansans don't believe it is okay; Washington state apparently thinks it is fine. >> And truth be told WA's budget deficit/surplus ratio is far more elastic than AR's because the WA economy is much more robust Budget deficit/surplus ratio? Sorry, I'm only a CPA. I have no idea what that means. But you sure as hell don't have a surplus. >> We're not poor Donald Trump's daughter, in the midst of his bankruptcy, was walking into one of Trump's buildings with him. There was a bum laying on the sidewalk out front. Trump stopped and told his daughter, "See that guy? He's a billion dollars richer than I am." That's the situation with WA (and most other liberal states). Your broke, you just don't give the appearance of it yet. That's something about borrowing money -- you can get in neck deep before anyone has any idea just how broke you are. >> the citizens of AR are some of the poorest, unhealthiest and least educated people in this country. Why that doesn't give you pause is the million dollar question. It is true, Arkansas has 16% living below the poverty level, and WA has "only" 11%. Of course, the average poor person in Washington has about 5K more debt than an average Arkansan, due to your state's uncontrolled spending (it is far worse if you count unfunded pension liabilities). So, you tell me who is poor?