My statement: Fuck.
In the short term, this will be good for Arizona, Nevada, Colorado, Utah, and Oregon. (Which means that the furnace, air-conditioning, and tire-chain industries may see boom times.)
In the medium term, this means my mother’s and my brother’s real-estate holdings are going to tank.
In the long term, it might be good—but unlike the economy in the country as a whole, I don’t think we’re just going to “lose” one decade: I imagine it’ll be more like 15 years. Perhaps even 20. We are losing people, and losing jobs, very very quickly.
California’s depression will be worse, and longer-lasting, than that of the nation.
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And the scary thing for me is that I have applied for jobs at Northrop Grumman in Palmdale.
But it is defense related so it may last longer than the corporate aircraft market her in Wichita. I will be officially out of work on the 7th of April. It’s that union seniority thing. And I have only been there since last September.
If anyone knows of anything for a hydraulics mechanic, let me know, would you?
Stop reading the New York Times for info about California, the situation in New York is nearly as dire and they endorsed the politicians responsible. Their solution is to raise taxes no matter what, there was no mention about the un-reimbursed expenses we have due to the Nation’s failure to police the border. Illegals are draining our welfare coffers and nationwide immigration legal and otherwise has contributed to demand for everything out stripping supply.
If that were the case, the real estate market would still be hot, and I’d have no trouble finding consumer goods in my local markets. I suspect that the reason computer companies, special-effects organizations and university research labs bring immigrants over here to work is that they want use of their talents, and could not achieve the same level of success without ’em.