California is FUBAR

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Discussion

herewego

8,814 posts

213 months

Thursday 29th July 2010
quotequote all
turbobloke said:
herewego said:
Jimbeaux said:
RDMcG said:
To be fair, he has been a pretty good Governor given that hand he had to play. The fact is, that the entitlements and state pensions are unsustainable. CA is not the land of milk and honey it was in the sixties. It is not the least state to be facing a fiscal crisis. Municipalities are in even worse shape.
Businesses are leaving there and heading to bordering states that have tax breaks and hiring incentives. You know, capitalism type "stuff". wink Cali's lefty paradise ways are biting them on the a$$.
Is tax breaks and hiring incentives capitalism though, I would have thought it was interference?
Incentivising enterprise not good? Possibly some confusion here.

Removing barriers such as high taxation and red tape = removing bad things which is a good thing.

Leftyising interference increasing taxes and red tape = adding bad things which is a monumental screwup.
There was no mention of red tape. It's skewing the market by reducing costs for one area at the expense of the rest.

Jimbeaux

33,791 posts

231 months

Thursday 29th July 2010
quotequote all
turbobloke said:
Jimbeaux said:
herewego said:
Jimbeaux said:
RDMcG said:
To be fair, he has been a pretty good Governor given that hand he had to play. The fact is, that the entitlements and state pensions are unsustainable. CA is not the land of milk and honey it was in the sixties. It is not the least state to be facing a fiscal crisis. Municipalities are in even worse shape.
Businesses are leaving there and heading to bordering states that have tax breaks and hiring incentives. You know, capitalism type "stuff". wink Cali's lefty paradise ways are biting them on the a$$.
Is tax breaks and hiring incentives capitalism though, I would have thought it was interference?
Actually, it are more of government getting itself out of the way, as much as anything else. The hiring incentives are not payments but more in the line of more tax breaks. smile
Absolutely. Removing interference is being described as interference wobble
Go figure! smile

turbobloke

103,966 posts

260 months

Thursday 29th July 2010
quotequote all
herewego said:
turbobloke said:
herewego said:
Jimbeaux said:
RDMcG said:
To be fair, he has been a pretty good Governor given that hand he had to play. The fact is, that the entitlements and state pensions are unsustainable. CA is not the land of milk and honey it was in the sixties. It is not the least state to be facing a fiscal crisis. Municipalities are in even worse shape.
Businesses are leaving there and heading to bordering states that have tax breaks and hiring incentives. You know, capitalism type "stuff". wink Cali's lefty paradise ways are biting them on the a$$.
Is tax breaks and hiring incentives capitalism though, I would have thought it was interference?
Incentivising enterprise not good? Possibly some confusion here.

Removing barriers such as high taxation and red tape = removing bad things which is a good thing.

Leftyising interference increasing taxes and red tape = adding bad things which is a monumental screwup.
There was no mention of red tape. It's skewing the market by reducing costs for one area at the expense of the rest.
No, it's de-skewing the market after leftyist style interference skewed it in the first place with high(er) taxes. Obviously politicians of all flavours have to levy taxes, it's their equivalent of achievement, but only those of the left do it so readily and with enthusiasm.

As to red tape, I imagine neither of us can say for sure, but it's a fair guess e.g. maybe the 'hiring incentives' include not having to fill out an 18 page questionnaire to keep a diversity manager in their nonjob.

Goochie

5,663 posts

219 months

Friday 30th July 2010
quotequote all
JuniorD said:
I saw him on TV just a minute ago asking me to come to California as there is a st load of paid work to be done. Presumably this work is not in the state sector otherwise that would be one hell of a mixed signal to be giving out.
I thought the US had loads of unemployed people, begging for work> Why would they want us lot over there?