Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Is California's financial mess a indicator of what's happening,and going to happen,to the, rest of the country?
10 Answers
- Anonymous1 decade agoFavorite Answer
Yes, that is why we must learn from their mistakes and do something now to prevent it from happening. We need tougher illegal immigrant laws, or rather we should just enforce the laws we have now. Stop spending money we don't have, and remove most of all government regulations to industry so that they can grow and start hiring.
- ?Lv 51 decade ago
Of course. Nations are built up by industry. They stripped almost all of the industry out of the USA. It was only a matter of time. That is what thirty year massive trade imbalance will do. We could have taken the loss of a major city to a nuclear blast better than this.
- YB LogicalLv 71 decade ago
The current Administration appears to be using California as their model for policy and governing.
- 1 decade ago
We have all as Americans been spending more money than we are producing, for at least 60 years. It's coming time to pay the piper.
- How do you think about the answers? You can sign in to vote the answer.
- Anonymous1 decade ago
nope,
President Obama has prevented the 2nd Great Depression.
This is the single greatest economic miracle of all time & that is no exaggeration!
[Leading economic indicators like new housing starts, factory orders and new mortgage activity prove it.]
And now, consumer spending [70% of the economy] is also up.
Oh, and those banks paid back the TARP money early WITH INTEREST!
[I know, employment, right? That is the LAST thing to recover, ask any economist. Be patient]
He is winning back America's foreign friends that Bush alienated
He is getting us out of Iraq, the wrong war
He is putting assets back into Afghanistan, the RIGHT war.
He is shutting down Guantanamo.
He is ending torture, making sure the world knows it,
and letting the Attorney General follow where it leads,
and prosecute it when indicated.
He is DOING HIS JOB
He even told GM & Chrysler to shape up or ship out
all this in less than his first 6 months!
Soon, we will all have health care too!
ALL of our presidents should be so awful.
- George SLv 71 decade ago
It's already started. Many states have squandered away their citizens' money.
- 1 decade ago
Did you know California's crime/murder rate is lower than it is in the south?
What's with that? Maybe it's because we have a more sane; peaceful culture here.
- Anonymous1 decade ago
I don't think you need a crystal ball to see that.
- Anonymous1 decade ago
If your predominately a liberal state, then yes, stand by to crash and burn.