Our Governor, Jerry Brown, has a strategy- a strategy of hope. He "HOPES" voters will be generous in November and vote to raise income taxes in California-AGAIN!
California has already lost 1/3 of high income taxpayers in the last 3 years($500,000 and above). HOw many does he project we'll lose this time? He doesn't. He says we need to have more income.Period.
Maybe one party politics is not so goooooood for the Golden State. Maybe it is time to split the state in two: north and south. Seems to have worked in the Dakota's, the Virginia's, the Carolina's,etc. It could make this diverse state operate more effectively if not efficiently. It would give the Left Coast more clout in Congress with 2 more senatorial seats for openers. The world's 7th economy by volume has only 2 senators representing 33million citizens. Not very many. All the nay sayers will point out duplication of efforts, pension issues, disruption of services, etc., etc., and on and on. Average citizens are not blind nor are they stupid. They have watched California play smoke and mirrors with revenue and spending figures for years. Once the silly Democrats no longer had to listen to Republicans, the die was cast for profligate spending, unabashed disrespect for the welfare of the populace, blatant partisanship, cronyism, and outright criminality. The State of California ranks with two other states: New York and Illinois as the 3 worst case examples of how NOT to run a state government.
What do we have to look forward to? I would read the papers more closely; it's all there in black and white. Sad, grim predictions, with accuracy, of reduced budgets for all departments: education, public health, roads and highways, parks and recreation, and public safety. The DAY of Reckoning has arrived.
Think of this situation when you vote and vote accordingly.
More later.
Lake Tahoe, California's Alpine playground, is anchored on the west shore by Homewood/Tahoma, straddling two counties:Placer and El Dorado. The mayor of Tahoma posts information related to the area and items of interest to residents and visitors alike. Its goal is to be informative, humorous, and timely. Hope you enjoy the site.
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http://www.vanityfair.com/business/features/2011/11/michael-lewis-201111
ReplyDeleteThis is a nice little description of California's sordid economic past, present, and future?