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California’s New Problem - Too Much Money (nytimes.com)
2 points by aaronbrethorst on May 26, 2013 | hide | past | favorite | 1 comment


Too much money isn't an actual problem when you have the massive pile of debt that California does. The only thing California actually has is a discipline problem: they need to be responsible and put any surplus funds toward the debt.

A person has $100k in debt, a modest income, and they inherit $20,000... it'd be like claiming that person has too much money.




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