But not all trends are desirable. Except for lacking the ability to print their own currency, California is a smaller version of the entire country. Rodger Hedgecock, writing for Human Events has a warning for the rest of us.
Policy counts, words matter. Decades of demonizing “greedy” profit-making enterprises has paid off for California in a lower standard of living, crowded prisons, decaying schools, potholed streets, and an approaching welfare majority.
The sun still shines as brightly, the surf still beckons, but the California Dream has turned into a nightmare, and unless you stop it, that nightmare is coming to your state too.
I urge you to read this article. Hedgecock does an excellent job of describing the California that once was with the California of today. Jobs and entire companies are leaving the state at an accelerated rate. Even so-called green jobs and companies are leaving. He,also, asks the question: how many uber-liberal movie stars have taken-up residence in tax-free states?
California is drowning in a sea of debt. And yet, this state continues to lead the country in demanding lower gasoline consumption per mile from cars in their state. They also demand lower carbon emissions in their state and then order that their citizens pay higher tariffs for electricity because utility companies are being forced to buy higher and higher percentages of their electricity from inefficient renewable energy sources. California has billions of dollars of unfunded pension plans that will require increases in their already sky-high taxes. California is headed for bankruptcy and yet their politicians don’t seem to be worried. Is it that they assume that Uncle Sam will decide they are TBTF?
The parallels between California and our federal government are obvious. The only real difference is that the Fed just keeps printing more currency. They can get away with that for a while because the US dollar is the reserve currency for the world. But sooner or later the party has to end. Or do our politicians believe that we have a Chinese uncle that will think that the US is also TBTF? I’m just asking.