Is California on the cutting edge for the country... or just for the Blue States?
I hate to pick on my former home state... and I wish they would turn their policies around.
Link: https://www.msn.com/en-us/money/markets/33-of-all-us-job-losses-happened-in-california-according-to-new-figures/ar-AA1YPH9j?ocid=entnewsntp&pc=U531&cvid=69b9bdad883f4e328a1c711b725347b1&ei=49
Replies to: Is California on the cutting edge for the country... or just for the Blue States?
So where do companies go if the U.S. follows CA’s lead?
The anti-business, anti-working class policies in Ca & NY drive those who are mobile & companies to pro-business and lower tax states, but what happens if that model becomes federal? Nothing good, IMHO.
We’ve already seen what a Laissez-Faire approach to government will produce…have you
forgotten the “Great Recession” that Democrats had to pull the country out of?
The Great Recession happened because Bill Clinton required minorities get home loans
That was the result of government intervention not lack thereof.
The origins of Silicon Valley rest in republicanism and less government regulation.
Not true...read Tim Geithner's "Stress Test"...the Laissez-Faire Bush admin failed to regulate
mortgage lenders and banks, leading up to $60T in unsecured Credit Default Swaps...Clinton's contribution was giving into the GOP on loosening Glass-Steagal regulations.
Do Democrats ever do anything wrong in your world?
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I just told you that Clinton refused to listen to Brooksley Born's advice against unregulated OTC
derivatives...like Credit Default Swaps...and thus opened the door to the wild abuse of them during the Bush Administrations, culminating in "The Great Recession"...
btw, I've also praised Ronald Reagan for his views on Immigration, while criticizing him for his tax cuts in favor of corporations and the wealthy. You are wrong to claim that I never criticize Dems, or fail to applaud Reps...find something else to harp on, while at the same time coming to grips with how damaging DJT is to this country.
Read and research before posting for once...
California is an extreme example of the income/wealth gap that is also taking place elsewhere to a
lesser extent.
It is harder on the 20-somethings of today.
I was able to buy a house in my 20's. And before that, I had very reasonable apartment rent. Now, it's hard to get an apartment, even for the well employed, that is reasonably close to work and in a safe neighborhood and at a reasonable cost. Buying a house is pretty much out of the question.
That’s true…but at least CA government is trying to level the playing field…as is happening in
another locale with an extremely high Wealth Gap…I.e. NYC.
Unfortunately, Trump and the GOP are All-In on expanding that already Enormous Gap.
So, Adam Smith out; Karl Marx and Friedrich Engels in. Gotcha.
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You know better than that...it's not a Binary Choice...there is a spectrum, as evidenced by many
countries in Europe...most notably in Scandinavia, where they are decidedly not inclined toward communism.
For Conservatives and MAGAs, especially,...it's always a hyperbolic response when Dems try to help those who didn't have a Daddy providing million dollar allowances, like Trump got. This goes way back to the 1930's when FDR was instituting his "New Deal" programs that benefit all Americans today...and amazingly, the Rich haven't lost their places in society.
Note the recent OF post of ND footing the Tuition bill for qualified students whose families make less than $150K/yr....making good use of private capital to increase the country's "Human Capital" account.
It resembles a 3rd world country in this regard.
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