Saturday, April 21, 2012

California Problems

Our problems are huge, a great article describing all of them.
According to Mr. Kotkin, these upwardly mobile families are fleeing in droves. As a result, California is turning into a two-and-a-half-class society. On top are the "entrenched incumbents" who inherited their wealth or came to California early and made their money. Then there's a shrunken middle class of public employees and, miles below, a permanent welfare class. As it stands today, about 40% of Californians don't pay any income tax and a quarter are on Medicaid. It's "a very scary political dynamic," he says. "One day somebody's going to put on the ballot, let's take every penny over $100,000 a year, and you'll get it through because there's no real restraint. What you've done by exempting people from paying taxes is that they feel no responsibility. That's certainly a big part of it.
In the article he rightly states a family can make $250,000 a year and not be able to purchase a home if you live in the Bay Area (also applies to LA)...which is simply preposterous. Progressives have ruined this state - perhaps the most naturally endowed place on the planet. And there are no Republicans to blame here, because it is well know CA is the most blue of the blue. We have serious house cleaning to do. And I say this as a lifelong Californians from the bluest of blue regions and one whose family probably benefits from such an alignment as my parents would qualify as some of the people who "got here early."

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