Posted on 10/24/2009 4:11:53 PM PDT by cold666pack
California, you may have heard, is an apocalyptic mess of raging wildfires, soaring unemployment, mass foreclosures and political paralysis. It's dysfunctional. It's ungovernable. Its bond rating is barely above junk. It's so broke, it had to hand out IOUs while its leaders debated how many prisoners to release and parks to close. Nevada aired ads mocking California's business climate to lure its entrepreneurs. The media portray California as a noir fantasyland of overcrowded schools, perpetual droughts, celebrity breakdowns, illegal immigration, hellish congestion and general malaise, captured in headlines like "Meltdown on the Ocean" and "California's Wipeout Economy" and "Will California Become America's First Failed State?" Actually, it won't.
Ignore the California whinery. (snip)
California has long inspired its own premature obituaries. The 1855 book The Land of Gold dismissed it as "lawless, penniless and powerless." TIME published a woe-is-California issue called "The Endangered Dream" in 1991 after the aerospace industry collapsed. But even with 12% unemployment, California still has an enviably young and productive workforce.
(Excerpt) Read more at time.com ...
Deport the illegals and it might be a nice state again.
25% of California’s population is illegal.
1. city, county, and state union pensions are running the state broke.
2. trial lawyers
3. illegals.
btw, i saw a u.s. border official running after an illegal at home depotty yesterday.
“25% of California’s population is illegal.”
Any guesses on how much of the state’s taxes they pay? 5% maybe? That would solve the fiscal crisis.
Sorry, slimeballs at Slime Mag, it already is.
Crapifornia is already in the position that it cannot possibly repay it's bond debt, and it's tax structure is regressive to the point that EVERY increase in taxes causes a reduction in revenues.
The land of Fruits and nuts is already off the cliff, with inevitable bankruptcy and default ahead.
The California dream is now citizens dreaming that they will be able to scrape enough together to leave the state.
Despite all its problems, California still is a great place to start a successful small business.... You just have to start with a successful large business.
“Despite all its problems, California still is a great place to
start a successful small business.... You just have to start with
a successful large business.”
How to make get a million dollars worth of stock: start out with
TEN MILLION DOLLARS.
I don’t necessarily subscribe to that old quip about Wall Street.
But having lived in West Los Angeles, with Henry Waxman as, guffaw,
my representative, I do subscribe to your view on the business environment
in California.
But Californians (in the main) get the government and failed economy
they deserve.
As they keep voting for morons and didn’t take to the streets
with pitchforks sometime around the Enron problems (that a Texas legislator
and dentist foretold when he visited California to study their
utility de-regulation model.)
That describes our situation very well.
LOL! No wonder TIME is dying.
How much excuse-making for failed Democrat policies and socialist welfare states can readers take?
I’m guessing this author Michael Grunwald is somehow related to Democrat operative Mandy Grunwald?
My niece lives in nor Cal.
She makes a very average white collar salary, and has to live like a pauper to remain there.
Loves the climate and scenery compared to our native Great Lakes, but to me the price is too high to pay.
Hmmm... dont know, will have to look into this. But instincts tell me you’re probly right!
Don't believe this...We just took a walk and were chased by a pack of wild dogs, that were abandoned by their owners when they fled the wild fires and earthquakes...
We're packing now for Uncle Bob and Betty Lou's place in Kansas.
Sorry, not buying it. The companies mentioned are Google, Apple, Hewlett-Packard, Facebook, Twitter, Disney, Cisco, Intel, eBay, YouTube, MySpace, the Gap. Of these, only Apple, HP, Cisco, and Intel produce tangible products (or Disney, if you include movies), and few if any are produced in California. Cisco is the youngest of these companies, and none is less than 25 years old. The biggest employers in “Silicon Valley” are Google, Yahoo, and eBay— all service companies......
hh
Nope. Mandy Grunwald is the wife of Matt Cooper, a writer for Time Magazine.
I’m in the same boat, moved here 7 years ago from the mistake on the lake, for the weather, and job opportunities. Now, we have 15% unemployment and I may be working at starbucks soon if I cant find another decent paying job. But even when I did have a decent job paying 6K a month, 1/2 goes to taxes, another 20% to insurance and you’re left with chump change to live on. At least the wine’s cheap here.
“She makes a very average white collar salary, and has to live like
a pauper to remain there.
Loves the climate and scenery compared to our native Great Lakes,...”
Reminds me of one of my roommates (at a conservative Christian
university in Oklahoma) that talked about the employment aspects of
working for Fed/State environmental governmental agencies.
He said that he knew a friend that went to work in Colorado (for the
EPA or state enviro agency, I don’t recall).
But the supervisor calmed any complaints about salary by saying to
new hires at their interview:
“If you don’t think the salary is sufficient...look out the window and
see the rest of your compensation!”.
i'm a Cali native... i do love the weather... the scenery... the access to the great outdoors--which we enjoy often... Capitola is so beautiful... we meet people from all over the world there... Yosemite is breath-taking... Santa Barbara offers great shopping... there's everything from San Diego to Pine Crest and Burney Falls... Carmel, Pacific Grove... etc., etc... and yes--in the last couple of years, our lifestyle has changed dramatically... my parents are in their mid to late eighties, so i don't see us leaving at this time... but we get tempted... i just don't know where we would go...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.