California is the New Detroit
Original post made by New Detroit on Aug 18, 2012
"Like Detroit, California now has one party rule. The Democrats of California did not need a single Republican vote to pass their budget. Governor Brown's plan is to address the nation's largest deficit by raising taxes instead of cutting spending. If passed, the deficit would drop from $20 billion to a mere $16 billion. The budget does nothing to cure the systemic problems of a bloated bureaucracy. It does not eliminate one of California's 519 state agencies.
"Today, California is following Michigan's path with exploding pension obligations, a declining tax base, and disastrous leadership. Housing prices have fallen 30 to 60% across the state, evaporating trillions of dollars of equity and wealth. Unemployment remains stubbornly high and under-employment is rife. Do our politicians need any more signs?"
It is way past time for Californians to wake up. In addition, local media like the Pleasanton Weekly should do much much more to expose the disastrous impacts of liberalism and democrat policies. Media like the Pleasanton Weekly have been part of the problem.
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