Share post
member profile picture

why debt becomes global issue of California??

Why won't it be. California's debt is worth $443 billion. It will take a few decades to pay off this debt.

Sub: #1 posted on Tue, 04/18/2017 - 23:00

ditchdebt ditchdebt

(Posts: 679 | Credits: )

The unemployment and low salaries issues need to be fixed in this state. Also, health care cost is rising sky high. What else should you expect?

Sub: #2 posted on Wed, 04/19/2017 - 04:30

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )

Each and every person in the state can take the responsibility to reduce the debt burden as much as possible. This way, the situation can be improved.

Sub: #3 posted on Wed, 04/19/2017 - 04:31

Good Nelly Good Nelly
Industry Expert
(Posts: 2825 | Credits: )

Californians will take time to break down the $443 billion “wall of debt.” But, time is not all. Apart from paying down internal debt and reducing the use of budget gimmicks by the state, it should try to slow down the growth of unfunded liabilities and work hard to create sustainable systems overall.

Sub: #4 posted on Thu, 04/20/2017 - 04:04

Phil Bradford Phil Bradford

(Posts: 166 | Credits: )

Page loaded in 1.817 seconds.