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California exodus turns to stampede
WorldNetDaily.com ^ | February 20, 2008

Posted on 02/21/2008 4:07:43 AM PST by Man50D

WASHINGTON – California, which once lured Americans from near and far, is now driving out millions of the most productive residents – including high percentages of the most affluent.

"When California faced a Mount Everest-sized $14 billion deficit in 2003, one of the major causes for the red ink was the stampede of millionaire households from the state," says a report called "Rich States, Poor States" by economists Arthur Laffer and Stephen Moore. "Out of the 25,000 or so seven-figure-income families, more than 5,000 left in the early 2000s, and the loss of their tax payments accounted for about half the budget hole."

And it's not just the rich leaving.

Based on data from moving companies, California had the second-highest domestic population out-flow of any state in 2005, according to the report, "despite the beautiful weather, beaches, and mountains."

The bad news for California is that it faces $14 billion deficit this year, despite boasting one of the highest tax burdens in the nation.

The report, published by the American Legislative Exchange Council shows jobs are not just leaving the country – they are moving from state to state, with the population following.

"States are in direct competition with each other for human capital and business investment. State governments that think they can attract jobs and people, and grow their economies, by taxing their citizens at a higher rate than their neighbors are sadly mistaken," said Democratic Arkansas state Sen. Steve Faris, ALEC's 2008 national chairman. "Legislators should take a close look at where their state ranks in this book and use it as a tool to help them improve."

(Excerpt) Read more at worldnetdaily.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: California
KEYWORDS: arthurlaffer; bluestates; calbudgetcaexodus; california; californication; democratparty; exodus; immigration; liberals; publicpolicy; stephenmoore; taxes; taxtherich
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To: dragnet2

Yup, you’re right, Los Angeles doesn’t have much crime at all compared to other big cities. That’s so awesome, now I can move back.

But wait...I can’t afford a house anywhere near any of the areas that bring the crime average down. I’ll have to live in Monterey Park or Silverlake, in a one bedroom apartment I rent next to Fernando and his ten cousins. I guess I’d have to live in the area of Los Angeles that brings the average up. Hmm, I’ve already tried living in a middle-class area of Riverside, and got carjacked in my driveway and burglarized twice. I didn’t really like that. They even kicked my dog. I lived in an apartment in Tarzana 7 years ago, before Riverside, and even Tarzana was bad then...Fernando and his 8 cousins also dealt drugs. It’s a good thing I speak Spanish and can blend in.

Well, if I stay in a state with affordable housing, I don’t have to live in the big city itself. I can live in something called a “suburb,” where lots of other middle class people live, and their property taxes go to police who keep criminals from driving out here.

Sorry, that’s just reality for those people who aren’t part of the “landed class” in California, AND are “landed” in a decent area. I could double my salary and still not be able to buy a house in a decent area of LA. Californians are not moving from Los Angeles to Dallas. They’re moving from Riverside, or a crappy apartment in a better area, to a nice suburb of Dallas. You’re comparing apples and oranges.


241 posted on 02/21/2008 7:16:05 PM PST by ReagansShinyHair
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To: muawiyah

Those stats for Seymour only look better because they don’t include the race-related lynchings, the death by tornados, car accidents on icy roads, and death by mosquito-born illnesses. Among other things.


242 posted on 02/21/2008 7:17:38 PM PST by ReagansShinyHair
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To: A Texan

“I have lived here my whole life and it pisses me off. The brag and boast about their liberal ideas but after screwing their own state up the move to mine and then want to change it to the the state they screwed up and just left.”

-

Stand your ground.

What few realize, is the Californians they’ve seen moving into their states, are not like the next wave, you’ll be seeing.

The first ones out, sold and left at the very top. They left California, fat and happy, and felt very good about what they had come from - because it had made them very wealthy.

That equation is now broken. Big.

A huge number of otherwise successful middle-class and UMC Californians, are now in the process of watching, daily as they go upside down on hugely overvalued houses.

They’re afraid to sell, because they’ll lose their “ATM”. Everyone in CA, had gotten so used to the idea that house values go one direction - that quite a few used their house (even though it wasn’t paid for) as a source of spending money.

Suddenly. (and I do mean suddenly), that’s gone.

Now the houses are actually losing value, homeowners are holding massive mortgages as their equity evaporates, and the state is heading for a financial train wreck.

What position are most Californians in, now, to move elsewhere and start telling others how it’s done?

Many can’t. Some will sell at a loss (which for the fortunate who bought 10 years ago or more) will still leave them enough of a cash-out to comfortably move.

Some will just say “scr*w it”, manage to break even, and leave.

Some however, can’t. They’ll lose money, and end up elsewhere, downsized.

None of those soon-to-be migrating Californians, will be the arrogant, “we know what’s best” knotheads you’ve seen before.

The next batch, will be happy they’re where you are.

Please be nice to them.

Thank you. :)


243 posted on 02/21/2008 7:20:14 PM PST by Cringing Negativism Network (Draft: Condoleezza Rice for Vice President!)
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To: ReagansShinyHair
Oh, yeah, the "race related lynchings" ~ you are referring to the semi-annual occasion when the locals take a German out to Starve Hallow lake and make him drink beer filled with bluegill hatchlings.

Life can be tough in a place like that Fur Shur.

244 posted on 02/21/2008 7:21:32 PM PST by muawiyah
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To: muawiyah
Oh, yeah, the "race related lynchings" ~ you are referring to the semi-annual occasion when the locals take a German out to Starve Hallow lake and make him drink beer filled with bluegill hatchlings.

Sounds like a hoot!

245 posted on 02/21/2008 7:23:53 PM PST by P8riot (I carry a gun because I can't carry a cop.)
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To: Cringing Negativism Network
A huge number of otherwise successful middle-class and UMC Californians, are now in the process of watching, daily as they go upside down on hugely overvalued houses.

The house we sold in Riverside went up $50,000 in one year back in 2002-2003. Now, there is a very similar house for sale on the same block with an asking price $50,000 more than that. FIVE YEARS later. Conservatively, those houses have gone down more than $200,000 since the peak.

246 posted on 02/21/2008 7:24:56 PM PST by ReagansShinyHair
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To: Man50D

They should stop taxing people at ridiculous rates if they want them to stay.


247 posted on 02/21/2008 7:26:56 PM PST by mysterio
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To: arthurus
The flight from California is not good news for the rest of the nation. The refugees bring California with them wherever they go. “Colorado is nice but it needs more land use ordinances.” Idaho is nice but it needs more regulation of(fill in the blank).” That leads to the (excuse me)Californication of the rest of the West.

I lived in Bellevue, WA in the late 80s and there WERE bumper stickers which read "STOP THE CALIFORNICATION OF WASHINGTON STATE".

Within a couple of years, property values were greatly increased (hey..., they were dirt cheap if you sold in California), driving civility and courtesy were greatly diminished, and, in general, the whole social atmosphere declined.

As people flee they bring their problems with them to roost in their new environs!

248 posted on 02/21/2008 7:29:51 PM PST by ExSES (the "bottom-line")
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To: ReagansShinyHair

So if we wait long enough California will either become more affordable, or a suburb of Mexico City.


249 posted on 02/21/2008 7:30:26 PM PST by P8riot (I carry a gun because I can't carry a cop.)
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To: ReagansShinyHair
Indiana?

Indianapolis and Los Angeles Comparative Crime Ratios per 100,000 People


250 posted on 02/21/2008 7:34:07 PM PST by dragnet2 (q)
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To: dragnet2

Again what please, is the source of your multi-color graphs?

How is “Los Angeles” defined for those stats?

Does it include South LA? (”South-Central”)

Does it include Compton?

Does it include Long Beach?

East LA?

Source please...

Thanks. :)


251 posted on 02/21/2008 7:36:22 PM PST by Cringing Negativism Network (Draft: Condoleezza Rice for Vice President!)
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To: Man50D
State governments that think they can attract jobs and people, and grow their economies, by taxing their citizens at a higher rate than their neighbors are sadly mistaken," said Democratic Arkansas state Sen. Steve Faris

Democrat? A Democrat said this? He sounds smart and yet he's a Democrat so he must be a moron. Argh! It's Catch-22!

252 posted on 02/21/2008 7:37:45 PM PST by Lancey Howard
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To: ReagansShinyHair

lol


253 posted on 02/21/2008 7:38:22 PM PST by dragnet2 (q)
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To: Cringing Negativism Network
what please, is the source of your multi-color graphs

Oh, I am just making it all up as I go along, and my 10 year old is writing code for the graphic as I speak.

Anyway, if ya right click on the link, you'll eventually find your way to sources.

254 posted on 02/21/2008 7:40:55 PM PST by dragnet2 (q)
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To: dragnet2
Instead of cherry picking a city, how about give a better sample of So Cal in general. This is equivalent to 5 KC or OKC within 50 miles. And I couldn't get the stats for East LA, Monterey Park, Montebello, Hollywood. KC and OKC repeat over and over in So Cal.


255 posted on 02/21/2008 7:41:08 PM PST by Azeem (Only thing worse than war is peace at all costs.)
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To: Man50D

The majority of people coming into Texas from any other state are coming from California.


256 posted on 02/21/2008 7:43:01 PM PST by FreedomCalls (Texas: "We close at five.")
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To: dragnet2

Thanks.


257 posted on 02/21/2008 7:44:36 PM PST by Cringing Negativism Network (Draft: Condoleezza Rice for Vice President!)
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To: dragnet2

I don’t live in Indianapolis. Or Los Angeles.

The comparisons of Los Angeles to San Bernardino, Pomona, etc., show that the stats for Los Angeles are skewed. Figures lie and liars figure.


258 posted on 02/21/2008 7:44:44 PM PST by ReagansShinyHair
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To: dragnet2
Anyway, if ya right click on the link, you'll eventually find your way to sources.

The problem that people keep pointing out to you is that areaconnect does not say exactly which areas are included as "Los Angeles." The definition does vary. Technically, Tarzana is still a part of Los Angeles. However, I think we can all understand that living in Tarzana is quite different than living in East LA. Or Watts.

259 posted on 02/21/2008 7:47:41 PM PST by ReagansShinyHair
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To: Azeem
Instead of cherry picking a city, how about give a better sample of So Cal in general.

Incorrect, and your implication is false.

If you'd take the time to read the thread...you'd realize I was only comparing California's *largest* city to other states *largest* cities. And I stated so multiple times.

260 posted on 02/21/2008 7:48:02 PM PST by dragnet2 (q)
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