Debt Cities

I live in one of the least expensive parts of our country. The down side to living in an economy like ours is that it is harder to pay off debt. Local young people are not able to pay off their student loans as well at our local income and out go scale.

Inflated economies, like those in the cities along our coasts, attract people who are in debt.

85% of our nation lives in 15% of our country. They carry 85% of our nation's personal debt and 95% of our nation's non-dischargeable debt. The cities themselves are indebt, many are insolvent. When both income and debt/liabilities are considered, California is the poorest State in our country.

 

I think this is the main reason for the anger from the rural right.
It's like two different worlds. The young people are fleeing the ol' farm.

 

California has the same problem our Federal government and many states and cities have excessive pension benefits promised to government workers at all levels. California has unfunded pension liabilities around $1 Trillion.In an age when the vast majority of private company employees saw their pension plans cancelled in the 1980's when over 100,000 were terminated, public employees pensions including our congress and the military were sweetened as were many state and city workers including police and firemen.In some cases the age to begin collecting was lowered further aggravating the situation.

 

Hmm... so when the government overextends and promises to pay out lots of money to people, is that a good thing or a bad thing?

 

t's great if you are a government employee but it sucks if you work in the private sector and no longer have a pension plan but have to pay taxes to give someone else a really god one.

 

A prime example disgraced former New York congressman Anthony Weiner is eligible to collect $46,000 per year when he hits age 62.

 

How odd since they have been led by democrats for decades.

 

So I guess it would also suck for a private sector worker with no pension, who paid for his own child to go to college, to have his taxes raised so that government can provide free college for the kid of a government worker with a great pension?

 

No, the anger comes when they pass laws telling rural folks how to live because they are completely ignorant.

An example of such laws are eliminating the use of dogs to hunt mountain lions. That are now overpopulated and killing off game animals whoes habitat is already stressed by people moving from citirs and building their dream homes in the forest.

 

More states have GOP governors and state legislatures than do have Democrats.

 

I just hate it when the lions run thru the Kansas corn fields gobbling up pheasants.

 

Well I'm from the west where deer and elk are what I'm talking about

 

Except the states where this is an issue.
Oregon, washington, nevada , California, Colorado

 

You sure it's not hunters and bears?

 

Any housing boom we might have now will be short lived we have an aging population, an extremely low birth rate and we are severely restricting new immigrants???Old people will be dying off leaving empty homes with no one to fill them, Japan has this problem right now with thousands of empty homes falling into decay.

 

Bears too, same issue no hunting with dogs.

Hunter success rates are extremely low.

 

Farm? Hell those have been gone for decades . The place where I live was one farm joining another in every direction. All gone every single one.

Long ago as we got factories with security and middle class jobs these small farms that allowed people to get by and feed their families vanished as industry replaced farm work and we got a middle class.

Then the scourge of globalism that created the giant sucking sound perot tried to warn us about! And our middle class started going away and no farms left for people to survive on. Suddenly the work was the low wage working poor service sector thanks to the disemboweling of America by both parties and the elites that own them.

Aint America great? Yes if you happen to be in the professional upper middle class or upper class . But most of America are serfs and those numbers are growing. As bannon says the millenials and later generations will never own much of anything thanks to the disemboweling of America the managed decline that made a few richer at the cost to the many .

 

How many elk are killed in Colorado each year?
CWP collects hunters' voluntary harvest reports, and estimated 84,000 hunters killed 38,000 deer. That number includes about 12,000 bowhunters who registered 3,000 deer. Roughly 223,000 Colorado hunters harvested 39,000 elk in 2017, a 17% success rate.

In Colorado, population estimates range from 3,000 to 7,000 mountain lions. This simple fact is a surprise to many residents and visitors because sightings are rare. Most people will never encounter a mountain lion.

https://blog.nationalgeographic.org/2017/12/12/myth-busting-for-mountain-lions/

 

I haven't studied Colorado yet. Try looking at Oregon and Washington.

 

And it's only going to get worse.
Although I would blame most of it on automation.
So I know. Lets give tax cuts to those giant corporations and the fat cats that run them.

 

I think we should quadruple property taxes for anyone who builds a new home on any land that had ever been agricultural.

Better cows than condos

 

We gone from nearly half of Americans in farming in 1900 to something like two percent today. Small towns are dying--people see their children, friends, and family move away. Their homes and businesses often lose value.

 

Also one of the bluest. The Democrats destroy economies where ever they are in the majority. This is particularly evident in large urban areas in blue states across the US. The enormous debt young Americans carry is more than educational debt, there was clearly a lack of restraint amongst the last couple of generations in regards to debt. This is due in part to being raised with a certain sense of entitlement coupled with a lack of economic education both at home and in public education. Young adults have been seduced by the idea that social standing and esteem are provided with the acquisition of the right clothing, electronica, cars even housing and spend without regard for consequences. The reality is that it is impossible for many of them to get out from under the yoke of the debt generated by their excesses no matter where they live. I do not support debt relief for any of them on the backs of the taxpayers. That onus is on the banks and the credit card companies. They must offer not only reductions in interest and principal but structured plans to help eradicate debt. I think the parents should share some of the debt and private, non profit organizations such as colleges an universities pick up part of the tab. It is ridiculous that an undergrad degree can cost up to a quarter million dollars when these businesses (that is what they are) are government subsidized, pay no real estate taxes and enjoy tax free donations and federal grant money. I will not support any politician that pursues policies that forces taxpayers to pay for private debt.

 

But outside of Florida none are on the West coast

There is damn little land that wasn't agricultural at one time or another. And the overwhelming majority of it is occupied by people who aren't rich.

 

We haven't seen anything yet. Quantum computing, AI, and faster data transmission will wipe out jobs at breathtaking rates.