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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 06:36 AM
Original message
Florida's budget cuts stir job fears
http://www.palmbeachpost.com/news/state/floridas-budget-cuts-stir-job-fears-1490089.html

TALLAHASSEE — The $69.7 billion state budget now before Gov. Rick Scott will send tremors through Florida's struggling economy, with school districts, hospitals and other big employers soon cutting jobs and programs because of a sharp drop in taxpayer dollars, economists say.

Scott has generally praised the spending plan for shrinking government, cutting regulations and reducing taxes. He says it will spur private business expansion and fulfill his campaign pledge to create 700,000 jobs over seven years.

Many analysts aren't so sure.

More certain, they say, is that state government's pullback will lead to at least a short-term reduction in dollars coursing through Florida. It could add to the state's 10.8 percent unemployment rate, they warn.

*end of excerpt*

Thanks for nothing, Governor Voldemort ! :mad: :puke:
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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 06:40 AM
Response to Original message
1. Same failed "trickle down" crap
And in the next cycle, when jobs still haven't appeared, they'll repeat the mantra that "Taxes are killing our job growth" Even while people and biz leave due to lack of skilled employees, high insurance costs, lack of infrastructure, etc.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 06:52 AM
Response to Original message
2. Florida is already in dire straits, and this will just make it worse
The number of homeless here in the Sarasota-Bradenton area has mushroomed. The unemployment is higher than 10.8%, in my opinion, and the number of business to have gone out-of-business is staggering, not to mention the massive number of homes foreclosed/underwater or for sale.

From the sound of it, this budget will push it right over the edge. That's probably what it's intended to do. :(
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glowing Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 07:31 AM
Response to Reply #2
6. They just cut the amt of time one can qualify for unemployment.
So the numbers of Unemployed (receiving unemployment benefits) is lower because people are falling off the eligibility. Also, many people in Florida, like construction and lawn care services, are self-employed or contractors... They typically don't pay into unemployment.. When they lose contracts or their business, they are not on that first list of unemployed persons...

And I'm sure that that number will shrink (the U3 #'s) due to the restrictions placed on unemployment.. and the new ways that former employers can screw their employees out of unemployment benefits... I forget if they have to pay for drug testing, as well, to his wife's company?

And then there is the mass exodus... People are leaving or moving in with one another. This state is super transient. People move in for Sun, Fun, and cheapness: the ability to wait tables at night/ soak in the sun in the day/ and live in relative anonymity or start over. However, during the Bush years, the rich were given all sorts of tax breaks (even though they didn't need them), housing went thru the roof (totally over-inflated homes with most people making less than the national avg---I always wondered how it was that people who made a similar income of my hubby and me were living in a $250,000.00 home and paying the energy costs?) Most of our money comes from cheap labor: agriculture and tourism jobs... The housing boom/ scam (and yes it was, in most cases, deliberate fraud here) was one of the main sources of "good" income: There was the building of sprawl neighborhoods into once vital farm land, all the contractors and people within the "building" process of these homes and the extra govt officials to oversee the permits (which was another $ feed the man who allows the permitting or looking the other way-- lots of corruption within that-- what do you expect with corrupt cronyism)... Then there were all the realestate people, banks, mortgage people (often times a real-estate company also had their lending company associated with one another.. made money on the front end of the deal and on the other.. this should ring ding, ding, ding.. something is wrong about this picture). So, the entire housing industry went bust and now 1/3 or more of the economy is gone.... AND what do you think these counties and cities and state did with the excess money in property tax revenue (from the inflated home prices), did they pay off debts, put money aside for a rainy day (like hurricane catastrophe funds)... nope, they went on a spending spree, elected officials gave themselves raises and new cars every year... AND NOW we are broke, and have pukes still ruining the place.. The one good thing is that everyone hates this Gov.
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DCBob Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 07:09 AM
Response to Original message
3. Just as things were beginning to improve there.. this will send them backwards.
idiot.
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quaker bill Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 07:18 AM
Response to Original message
4. 7000 state jobs cut
but that is only the smaller part of it. Outside contracting is massively cut and OPS hires are all gone as well, resulting in even larger impacts on employment. Top that with the notion that those who remain employed face a minimum 3 percent pay cut, which amounts in aggregate to over a billion dollars they will not be spending in the local economy. This will "pay" for an average $1,100 tax break to small business. It is pretty clear that no one is getting hired for $1,100.
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Johnny Morales Donating Member (76 posts) Send PM | Profile | Ignore Sun May-22-11 07:21 AM
Response to Original message
5. Florida Democrats are supposed to have a greater # of registered voters than Republicans
by several points. Yet they elect Governor Evil and give the Republicans huge majorities in their legislature.

The American Corporate News Establishment (ACNE) has done a great job of convicing the nation that this is all due to President Obama's health care bill, and rise of the militant Tea Party, but that does NOT hold water with me.

The Tea Party types were around in 2008, yet had no impact. Suddenly in 2010 they are able to turn the table over so to speak? hmmmm

It defies our electoral history. No matter how bad a president has been, I can't recall a historical election where 2 years later the people said enough, and there have been President's who have done far far more in terms of grand changes than President Obama, like President Johnson.

Has there been any thought put into investigating election rigging, or is the FBI fine with the extreme swings that happened in 2010.

I'd love to hear something on this.
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glowing Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 08:33 AM
Response to Reply #5
7. The vote was really quite tight.. I have a feeling there was some rigging in the election.
Also, blue counties, were not getting their absentee ballots... We were calling people on the day of the election and people were "waiting on their ballot to be sent to them"... We would then have to arrange transportation or help them get to their polling place. And just a big oops from the charletons at the election board. Also, that 3 way Senate split pissed a lot of people off... We got the Puke because of the Senate split. Plus all the tea party puss had riled up the idiot/ racist/ old white people.
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theophilus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 08:44 AM
Response to Original message
8. Well, you know, government never created a single job. That's what Colber
said and Austan Goolsbee wouldn't disagree with him. Who needs a Government "non-job". Stupid Scott voters, imo.
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