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To: Bearcatbob who wrote (181855)	12/25/2013 8:39:46 PM
From: JimisJim	Read Replies (3) \| Respond to of 206181

I'm still trying to figure out how problems in California make life better for Ohio... FWIW, that article you posted a link to says surplus estimates have been too conservative and that they will continue grow at least until 2020... and as for the idiots in our legislature, Brown has flat out told them he will veto any bill passed that doesn't include creating a rainy day fund and stashing the surpluses into it. He has shown he is way more conservative -- especially fiscally -- than he was the first time he was governor, let alone the succession of idiot governors preceding him who balanced our state budget with bonds. He slashed state spending and rather than ramming tax increases down our throats, gave us voters a chance to choose between more cutting and slashing or a temporary tax. The voters, not I -- not Brown, chose the temporary tax. Brown has stood up to the legislature repeatedly since elected and that is why we have budget surpluses now vs. the $10-$20 billion dollar deficits the previous governors allowed the legislature to create -- btw, we have such lousy state legislators (in both parties) because of term limits -- legislators who actually know how to govern have to leave and rookie idiots take their places, allowing the lobbyists to write the laws. I agree that our state government is broken, but am glad that this new incarnation of Brown has put them in their place and made his agenda stand, not theirs. It's possible I actually know more about what's going on in our state than you. I was alarmed by your original post, thinking I'd missed something, but then you clarified that you'd meant cities and made up the part about the state going bankrupt by a judges order.

To: Bearcatbob who wrote (181855)	12/30/2013 4:18:29 PM
From: JimisJim	Read Replies (1) \| Respond to of 206181

OT: speaking of California's finances, saw this interesting piece about "Ohio's Miracle" -- published by CityBeat today: Governor’s “Ohio Miracle” Falling Far Short of Promises Ohio was one of two states to see economy worsen in three-month index Despite Gov. John Kasich’s claims to the contrary, the only miracle in Ohio’s economy might be how bad the state is doing compared to the rest of the nation. The proof: Ohio’s economy was among just two states in the nation that actually worsened during September through November compared to August through October, according to the research department at the Federal Reserve Bank of Philadelphia. Beyond Ohio’s borders, Alaska also worsened, two states remained stable and the rest of the nation moved in a generally positive direction. In other words, while 46 states’ economies moved in a generally positive direction, Ohio actually got worse. The measures come from the State Coincident Index issued by the Federal Reserve Bank of Philadelphia every month. The index combines several economic indicators to gauge the condition of each state’s economy. The research department then gauges whether the index improved or worsened after the latest month’s data is taken into account. With the gubernatorial election now less than one year away, the sorry state of Ohio’s economy could prove a bad sign for Gov. Kasich’s re-election. Kasich, a Republican, came into office as Ohio’s economy began dashing out of the Great Recession stronger than most of the nation — a trend Kasich took to calling the “Ohio miracle.” Ed FitzGerald, Kasich’s likely Democratic challenger, has criticized the claim in the past few months as Ohio’s economy showed more signs of worsening despite Kasich’s promises that his policies would keep the state in the right direction. One of those policies was privatizing Ohio’s development agency and effectively turning it into JobsOhio. In less than three years, the agency has been riddled in multiple scandals following accusations from Democrats that the JobsOhio board hosts various conflicts of interests and lacks transparency when recommending who should get state tax credits. Kasich also pushed and approved an across-the-board income tax cut earlier in 2013 through the two-year state budget. But because the income tax cut came with a sales tax hike, left-leaning think tank Policy Matters Ohio found Kasich’s tax cut heavily favors the wealthy, which calls into question whether the tax cut will actually help Ohio’s middle class or economy. Then there’s the question of whether state policies matter much, if at all. Economists generally agree that state officials tend to dramatize the economic impact of their policies when much bigger factors are at play, particularly as globalization reshapes the national and global economies. For now, one thing is clear: Kasich’s policies haven’t been enough to turn around Ohio’s sinking economy throughout the past three months.