"While other states face large budget deficits, California has a $15 billion surplus, thanks to record 2020 gains from Silicon Valley and white-collar workers who pay the bulk of California's taxes."
"Gov. Gavin Newsom unveiled the state's record-high $227 billion budget last week despite a year in which unemployment soared beyond 10 percent and the homelessness crisis reached devastating levels in Los Angeles and beyond."
`snip`
Courtney McKinney, spokesperson for the Western Center on Law and Poverty. “It is a question of priorities — whether or not millions of people being plunged into poverty is seen as enough of a destabilizer to encourage the wealthy, business and political class in California to put money into addressing poverty and the trappings of poor environment in smart, sensible ways. Easier said than done.”
TLDR on bitcoin economics: It's a pyramid-shaped investment scheme backed by the collective delusion that value can created out of nothing by convincing greater fools to buy it after you do. (2/)https://t.co/2iI4ZS5JK7
Comments
A question of priorities.
I had already read it yesterday...
https://www.politico.com/news/2021/01/17/california-pandemic-inequality-...
Let's get to the heart of her article.
`snip`
A question of priorities.
~OGD~
by oldenGoldenDecoy on Mon, 01/18/2021 - 7:06pm
Bitcoin speculation: ecopalypse now
by PeraclesPlease on Tue, 01/19/2021 - 5:49am