 | California: An example of what happens when Liberals control governmentScotty Starnes | November 5, 2010 at 12:00 PM | Tags: anti-business, Barbara Boxer, California, illegal immigrants, income tax, Jerry Brown, liberals, poverty, Progressives, sales tax, Tax Foundation, unemployment, welfare | Categories: Uncategorized | URL: http://wp.me/pvnFC-3nJ |
Most of America rejected the progressive's and their socialist, nanny-state agenda, on Tuesday. Well, except California. They continue to elect liberal/progressive Democrats and this is the reason the state of California is broke.
From Investors.com:
States: The midterm elections turned into a sweeping repudiation of the Democrats' failed status quo — except, that is, in California. There, not only did the Democrats not lose, they gained clout.
Even as voters in other states said they'd had enough of ever bigger, more intrusive and higher-cost government by the Democrats, California voters said, "More please."
With the exception of the governor's office, California has been a virtual one-party state since the 1960s. Now, thanks to decades of anti-business policies promulgated by a series of left-leaning legislatures, its economy and finances are a mess, and it's hemorrhaging jobs, businesses and productive entrepreneurs to other states.
The pattern continued on Tuesday, when voters rehired 1970s Democratic gubernatorial retread Jerry Brown and rejected moderate Republican and former Hewlett-Packard CEO Carly Fiorina for far-left, five-term incumbent Sen. Barbara Boxer.
How bad has it gotten in the erstwhile Golden State? Consider:
• Some 2.3 million Californians are without jobs, for a 12.4% unemployment rate — one of the highest in the country.
• From 2001 to 2010, factory jobs plummeted from 1.87 million to 1.23 million — a loss of 34% of the state's industrial base. Ask any company, and it'll tell you the same thing: It's now almost impossible to build a big factory in California.
• With just 12% of the U.S. population, California has almost a third of the nation's welfare recipients. Some joke the state motto should be changed from "The Golden State" to "The Welfare State." Meanwhile, 15.3% of all Californians live in poverty.
• The state budget gap for 2009-10 was $45.5 billion, or 53% of total state spending — the largest in any state's history.
• The state's sales tax is the nation's highest, and its income tax the third-highest, the BusinessInsider.com Web site recently noted. Meanwhile, the Tax Foundation's "State Business Tax Climate Index" ranks California 48th.
• In a ranking by corporate relocation expert Ronald Pollina of the 50 states based on 31 factors for job creation, California finished dead last.
• In another ranking, this one by the Beacon Hill Institute on state competitiveness, California came in 32nd — down seven spots in just one year.
• California is home to 25% of America's 12 million to 20 million illegal immigrants. A 2004 study estimated that illegals cost the state's citizens $10.5 billion a year — roughly $1,200 per family.
• Unfunded pension liabilities for California's state and public employees may be as much as $500 billion — roughly 17% of the nation's total $3 trillion at the state and local level.
Continue reading about what happens when Liberals are in charge>>>
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