IF YOU DON’T READ THIS YOU’RE AN IDIOT AND YOU PROBABLY THINK THAT THE HUMBOLDT ECONOMY IS JUST FINE AND DANDY

Did the recent Humboldt Economic Index fool you into thinking that THC might have been wrong when we said job creation for Humboldt County was in the dumps? Guess again, sports fans. It’s the truth.

If you dig deeper into the numbers, you’ll see that 800 of the 1100 net jobs that were added in the county over the last year came in three sectors: 1.) Government (200 jobs), 2.) Trade, Transportation (translate: Government) and Utilities (translate: Government) (300 jobs), and (3) Education and Healthcare (translate: both almost entirely Government) (300 jobs).

Doesn’t take a rocket scientist to know nearly all of those services in Humboldt are dependent on taxpayer money.

Remember when we said the Economic Development department for the county wasn’t doing a whole lot other than creating jobs for themselves? Well, turns out that trend holds true across the entire county.

We would hate to say we told you so…but we will let this study on city pension cost burdens do it for us. If you take a quick look at the report, you’ll notice that our sparkling County Seat of Eureka is listed as 10th on the list of California cities with the highest level of pension spending burdens in all of California. 11.3% of Eureka’s revenue goes to funding pension contributions.

Okay, okay, we spend a lot of money on pensions, so what?

Hmm…Did you know that Humboldt is about $213.1 million dollars in the hole already as a result of unfunded pension liability? We need more pension-collecting employees like Stevie Wonder needs a color television.

But since we just hired on a whole bunch more of publicly-funded nitwits, pension expenses and debts will keep going growing unless we as a community speak up. This is great news for cities that want to be just like Eureka. It’s bad news for the future of our county

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8 Responses to IF YOU DON’T READ THIS YOU’RE AN IDIOT AND YOU PROBABLY THINK THAT THE HUMBOLDT ECONOMY IS JUST FINE AND DANDY

  1. Soul Sista says:

    So who exactly is paying for all these new government dependent jobs? I can barely afford to feed my family now and can’t handle another bureaucrat in my household budget. I think maybe I should relocate to a lower tax state like Massachusetts. California is bad enough but why does Humboldt have to lead the way down the toilet?

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    • Souls sistas a sucka says:

      Youre paying for them sucka! Keep your head down and work twice as hard so they can fill their own wallets, that’s how the Humboldt massa’s like it

      Like

  2. J. Todd says:

    How the hell did we get that deep in debt? Can’t wait to foot the bill for the new,sign they’re gonna put in Eureka, all you Humboldtians (humboldtans? we gotta figure out something better than that) that don’t have to put up with this shit city are lucky as hell

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  3. Still Workin...barely says:

    What I don’t get is why Lovelace and Bass are so hell bent on restricting development. Seems to me that we should be encouraging people to build. We’re losing jobs everywhere except government and they’re pushing anti growth policies. I guess these two far leftie types are getting what they want, I just don’t understand why they want it.

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    • Bye bye economy says:

      Totally agree! No development + leftie idiot supervisors = tanking economy. Then Myrtletown lumber closes today too? Pretty soon we won’t even have someone to provide building materials for the occasional construction project that actually gets through county approval process.

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  4. blueskies67 says:

    those people were promised pensions. if they rich truly paid there share, we would not have a problem, Linda Atkins addressed this recently in her Op-Ed. get a clue. government jobs ARE real jobs, they provide the same benefit to the economy as any other job.

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    • JW says:

      Who pays for the government jobs bluesky? Where do you think that money comes from? It is from taxes. If you bothered to read, you would see the people with the most money are paying almost all the taxes, so it’s not the rich, it’s the unions screwing over the public that are causing the problems, and the dumbass politicians who keep giving raises. Where else can you work for a few years and get health insurance for the rest of your life?

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      • blueskies67 says:

        the rich do not pay their fair share of property taxes, because commercial property never gets re-assessed. thats where the money for these wages and pensions come from. and most of them don’t pay their fair share of income taxes either because of loopholes and tax breaks for the rich that the poor or working class never get to see. so go read yourself, start with Linda Atkins my word.

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