I wasn't going to post this (again). I either posted it earlier or at least provided a link to a similar story, but this article has staggering numbers.
I had to put it in context with comments from the governor of New York who said that New York state had a deficit of $13 billion (which, of course, is growing.
So, using New York's deficit as a marker, look at this: California's $21 billion surplus from one year ago has turned into a $54.3 billion deficit.
Wow. I think Sophia can even do that math: 21 + 54 = $75 billion swing due to Wuhan flu. Amazing.
This has to be very, very concerning, what the governor said about that: "I just hope people are preparing themselves -- for the effort that we all need to engage together to undertake to unwind that and get back on our feet."
Newsome on property taxes, state income taxes, user fees: re-calculating, re-calculating, re-calculating.
Link here: https://www.foxnews.com/politics/california-gov-newsom-lets-more-businesses-reopen-amid-coronavirus-after-revealing-staggering-budget-deficit. But the story is everywhere.
Here is another link.
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Rush Limbaugh
I am not listening to the news any more. I watch
TCM, listen to classical music while granddaughter-Uber driving, and very selectively surf the net. I had not tuned into Rush Limbaugh for several weeks until two days ago. [I had tuned in earlier but there was a run of shows when he had a guest host; I never, never, never listen to his guest hosts.]
Anyway, yesterday, I listened to Rush Limbaugh for one hour, the second day in a row. I bike for one to two hours between 11:00 a.m and 2: 00 p.m. when Rush is on live in our local area, so I listen to his first hour or his last hour.
But this caught my attention: 43 million listeners. He holds the record for radio talk show listeners. I can't put 43 million listeners into perspective because I don't know numbers for other radio talk shows. I will have to see if I can find that. But cable
television news -- don't they run into 500,000-to-3 million-viewer range? Something like that, I think.
But then get this: the average amount of time a listener spends listening to Rush Limbaugh's show: 2 hours, 28 minutes. For heaven's sake: the show is only 2 hours, 28 minutes long; the other 32 minutes is taken up with ads and local news breaks.
Maybe he was joking; he has a great sense of humor.
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Biggest Disillusionment All Week
Rigzone is a very, very good source of daily crude oil news. They seem to be quite selective in their stories and quite good in their own analyses.
Today, however, I see they have linked a story from
CNBC about $100 oil in 18 months. I saw that story yesterday -- from another site -- click bait.
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Break Dancing
I do have to send a huge shout-out to Google: I had never thought of looking up the origin of the term "break dancing." Now I know -- thanks to Google. I assume I was the only one who did not know. I will have to ask our two old granddaughters and their mom if they knew the origin of the phrase.
