Economic woes in California

[MilesnMiles]

Phew, just heard the news. California is having tough times and it may be getting worse. From nations richest state to nations most debt ridden state. Property prices have collapsed by one third in a single year. Additionally people aren't buying cars so property and sales taxes have fallen through the floor.

Governor 'Arnie ' has proposed tax raises and needs just one more Republican vote to get them through. If not, he will have to issue 20,000 redundency notices this week.
That's a lot of jobs riding on one vote.

[Ivor]

I've had an email from an old mate of mine that owns a rod shop in So Cal and in his words the current economy sucks...serving a market for rich boys toys isn't where you want to be right now...things are bad

[Anonymous]

i did a 3week west coast road trip of the us last sept and it was really bad then did the whole west coast san dieago to seattle and inland 3500 miles it was the same story everywhere local papers full of houses for sale and the second hand rv dealers were empty people were buying all they had and following the work state to state was very sad what really got me was the whole health care mess the states is so poor in some ways its a mess