Bill Quick sums up the Democratic plan for the country.
California spends far more than it takes in, despite having some of the highest taxes in the United States. It is hostile to business, and the middle class is fleeing in droves. It runs huge deficits every year, yet the Dem dominated legislature refuses to do anything effective to cut spending.
Now one in ten Californians is unemployed. Does any of this sound familiar? It should. It’s what Obama and the Democrats have in mind as a “solution” for the rest of the country.
(Link via
Instapundit)
3 comments:
If that is Bill Quick's summary he needs to go more slowly and get it right.
In case you hadn't noticed, the GOP recession has slowed economic growth in every state.
The last dying remnants of the GOP have been particularly obstructive in addressing California's budget woes. The GOP governor even criticized the obstructiveness of his own party members.
It is hostile to business, and the middle class is fleeing in droves
silicon valley, hollywood, and big agribusiness in the central valley should prove to you how reality-challenged this statement is
my house here in california, unlike many others in this country, is still worth considerably more than what it cost when i bought it only a few years ago. that's because ca remains a magnet for those looking for the good life
Housing prices in California have dropped another 18% just in 2008 and though TV is using his fortunate system as an examplar it must be considered an outlier. The amount of people moving out of the state is higher than that of those moving into the state. Even some of the legislators are worrying that people paying taxes that support social spending are being replaced by people that generally rely on that spending. This situation has only happened twice before in the state's history. The first being the collapse of the tech boom and the second when the Mexican Army boarded ships at San Diego and Monterey to sail back to Mexico, a much smaller Mexico, after the Treaty of Guadalupe-Hidalgo in 1848.
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