11-12-2010, 10:28 AM
Fan in Colorado:
I\'m not sure how you want to structure a wager, but I am open to it. How about this? If in November 2014, Texas\' unemployment rate is at least three points lower than California\'s, you win. If not, I win. Is it a deal?
(I\'m not making any predictions about future tax rates in the two states. I just think that California\'s extremely high unemployment today is largely a result of the aftermath of the housing bubble, not tax policies, and that the effects of the housing bubble will have worn off by 2014.)
I\'m not sure how you want to structure a wager, but I am open to it. How about this? If in November 2014, Texas\' unemployment rate is at least three points lower than California\'s, you win. If not, I win. Is it a deal?
(I\'m not making any predictions about future tax rates in the two states. I just think that California\'s extremely high unemployment today is largely a result of the aftermath of the housing bubble, not tax policies, and that the effects of the housing bubble will have worn off by 2014.)