Posts Tagged ‘Laffer Curve’
Thursday, December 13th, 2012
This was supposed to go up last night, but there was a glitch. Ten hours late sounds about right for California…
California leads the nation in outrageous pay and benefits for unionized state employees. Including $822,302 a year for a single prison psychiatrist.
Calpers to taxpayers and bond-holders: DROP DEAD. We’re getting ours, jack.
Since California has hiked tax rates tax revenues have decline. Those unwilling to learn from the Laffer Curve are doomed to live through it.
Living in California means not being able to afford police.
The bankrupt California city of San Bernardino has had 45 murders this year.
Bankrupt Stockton has had 68.
And Los Angeles is shuttering courthouses because they can’t afford them.
The Blue State Suicide Pact.
Movie and TV production is leaving California.
“Why would you leave $25 million on the table?” Oh gee, I don’t know, but maybe because you have to pay back $34 million on your risky $2.5 million loan? Math, liberal! Do you speak it?
California Blue Shield wants to hikes rates as much as 20%. How’s that ObamaCare working out for you?
People are still leaving California…and Texas is the most popular destination.
Texas was once again the destination of choice for more people moving within the United States as a whole, with some 515,000 people moving here in 2012. (Hat tip: Push Junction.)
Texas Public Policy Foundation’s Mario Loyola talks about how unions become sanctioned government cartels.
Speaking of TPPF, they linked to this Dallas Fed report, which shows that the Texas economy continues to hum along. “Texas added 22,900 jobs in October, lowering its unemployment rate in October to 6.6 percent, down from 6.8 percent in September and 1.3 percent below the national average of 7.9 percent.”
Tags:Budget, California, CalPERs, Crime, fraud, Laffer Curve, Los Angeles, ObamaCare, San Bernardino, Stockton, Texas, unions, waste, Welfare State
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