"The welfare of humanity is always the alibi of tyrants" - Albert Camus

Tuesday, June 21, 2011

Future of America: Golden State Not So Golden

The same failed progressive policies that have laid waste to states like California and Illinois threaten to do the same to the entirety of our country if we do not regain our sanity as a nation soon.

In the latest news from the "golden state",  companies keep on leaving California in record numbers so far in 2011 (at 5x the rate of 2009).  This isn't really surprising given that California ranks #49 in the nation in business climate and 48th in "economic freedom".

The culprit is run away regulation, record level taxation, and union driven policies that allow instances like retired San Francisco city employees getting more in retirement benefits than the average private employee in the city earns.

We, as a nation, have a choice of two paths in front of us: one emulating the California experience, and the other emulating the Texas model that has been successful in many red states.

Are we going to wake up soon enough and heed the warning signals technically broke states like California and Illinois are sending, or will our country as a whole go down the same path to eventual financial armageddon?......A question every voter needs to ask themselves in 2012! 

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