Time for another Texas vs. California roundup:
Oakland’s monthly rent has doubled in the last five years, but the Oakland police are laying off people and no longer investigate property crimes. (As Zero Hedge notes, average rent is now more than it was in San Francisco in 2012.) How’s that Blue State model of high taxes, high public union salaries, and declining basic services working out for you California?
Controlling big budget government programs through ballot initiatives.
Only voters can stop California’s union pension crisis. “Government union bosses are desperate to protect their gravy train at taxpayers’ expense. That’s why they are spinning a web of lies about the [ballot initiative].”
“With CalPERS’ actuaries demanding a pension funding increase from $3.7 billion to $7.25 billion by 2020, the state must either cut payroll by 30 percent or find a massive new tax source, like overturning Prop. 13.” (Hat tip: Pension Tsunami.)
Visualizing California’s staggering pension hole. (Hat tip: Pension Tsunami.)
Need to make up the funding shortfall for CalSTARS means cutting into actual teacher salaries.
Finally, California beats Texas in job creations. For one month. And by some 6,000 jobs.
“The Green Behind California’s Greens: A handful of superrich donors have created the illusion of a grassroots environmental movement.”
Cloud Computer company LiveOps is moving from Redwood City, California to Cedar Park.
“Thanks to our low-tax, low-regulation environment that allows all businesses to thrive, the State of Texas has become the national leader for technology job creation, and we continue to attract tech companies from around the country and around the world,” [Governor Greg] Abbott said. “On behalf of the State of Texas, I am pleased to welcome LiveOps to the Lone Star State as the company seeks to transform cloud-based customer service. With their help, the State of Texas can, and will, continue to lead the nation in job creation within the technology sector.”
Bra-maker Fashion Forms is relocating from Ventura, California to Austin.
California-based Relativity Media files for bankruptcy. Forbidden Kingdom was pretty good. Skyline was a pile of crap…
Add California to the list of Democratic Party controlled polises trying to kill Uber.
The War on Photography continues apace in Northern California.
Facebook is opening a $1 billion data center in Ft. Worth This means they’ll be able to ignore your “Most Recent” setting and tag you in sunglasses spam ten times faster…
Tags: Austin, California, CalPERs, CalSTARS, Cedar Park, Facebook, Fashion Forms, Greg Abbott, LiveOps, Proposition 13 (California), Texas, Uber, Welfare State
This entry was posted on Thursday, August 6th, 2015 at 9:03 AM and is filed under Austin, Budget, Crime, Democrats, Economics, Texas, Welfare State. You can follow any responses to this entry through the RSS 2.0 feed.
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