Well, Now, with the implementation of Californias massive Global Warming law set to take effect, not to mention the passage of huge sales and income increases, California will be the highest taxed and regulated state in the world.
It already ranks last in the U.S. as a place to start a business because of taxes and regulations, and is witness to many employers leaving the state.
Born, raised, educated through college, and worked (until my layoff in September) in California my entire life. Neither my wife nor I are interested in moving out of state, although Arizona is possible (how much longer until CA inflicts AZ with its crud?!). Just hoping to be able to sell our home and downsize to another area of the state before the real estate market completely collapses.
How about another tax surcharge on the rich to bail CA out?
They are victims here :)
California’s fate is the future of America. It is a symptom of the disease seizing the rest of the country.
The federal spending cuts toward the end of the federal default process (haircuts, austerity measures) will be rough for California. It might look something like Greece if not worse.
The late great state of California is doomed.
Can’t fix stupid and apparantly in Ca. can’t vote it out either.
Other than this, things are pretty good!
Hollywood is going to be in trouble when it gets too expensive for the young girls and boys to come out and reach for their dreams. The studios may have to pay room and board.
We have to sell our business in SoCal. Interested anyone? We want to move to WY.
I live far away from California. I also like to see if economic theory does indeed have predictable consequences in real life. Therefore, I am waiting anxiously for California's economic armageddon, kind of like waiting to see how my garden turns out this year.
4.4 million taxpayers have left the state in search of better economic climes.
No doubt a large percentage of this count contains liberals who voted for all the policies which caused the California economic collapse in the first place. They’ll go to neighboring states, vote the same way, experience the same results ad inifinitum...
In the end they’ll always wonder why things were so great before they got here and so lousy when they’re forced to leave never once considering the cause was them.
It’s no surprise that the L.A. times is painting an entirely different story. But then again, it’s the L.A. Times.
Ehhhhhh.....here’s how California Democrats think......
1. Government money buys me stuff.
2. We get government money from state taxpayers.
3. If we can’t get enough money from state taxpayers, the federal government will bail us out.
4. Return to 1.