It appears everyone (Nationwide) knows how bad California is.. Except California Politicans..
55 Reasons Why California Is The Worst State In America
In dozens of different ways, the state of California is showing the rest of us what not to do. Will we learn from their mistakes, or will we follow them into oblivion? Please share the list below with as many people as you can. In addition to a large amount of new research, this list also pulled heavily from one of my previous articles and from outstanding research done by Richard Rider. The following are 55 reasons why California is the worst state in America... http://theeconomiccollapseblog.co...in-america
Special Report: How a vicious circle of self-interest sank a California city
In bankrupt San Bernardino, a third of the city's 210,000 people live below the poverty line, making it the poorest city of its size in California. But a police lieutenant can retire in his 50s and take home $230,000 in one-time payouts on his last day, before settling in with a guaranteed $128,000-a-year pension. Forty-six retired city employees receive over $100,000 a year in pensions. http://www.reuters.com/article/20...HP20121113
Government Dependents Outnumber Those With Private Sector Jobs In 11 U.S. States
The category includes 11 states where private sector workers are outnumbered by people who are dependent on the government. That number would include state workers, and people who are receiving welfare or pension. For example, in California the ratio of “takers versus makers” is bigger than one. If you own a software company that employs 100 people, you’re supporting 139 other people in the state who are on the “takers” list. http://foxnewsinsider.com/2012/11...-about-it/
California is 24/7 Wall St.’s “Worst Run State” for the second year in a row. Due to high levels of debt, the state’s S&P credit rating is the worst of all states, while its Moody’s credit rating is the second-worst. Much of California’s fiscal woes involve the economic downturn. Home prices plunged by 33.6% between 2006 and 2011, worse than all states except for three. The state’s foreclosure rate and unemployment rate were the third- and second-highest in the country, respectively. But efforts to get finances on track are moving forward. State voters passed a ballot initiative to raise sales taxes as well as income taxes for people who make at least $250,000 a year. While median income is the 10th-highest in the country, the state also has one of the highest tax burdens on income. According to the Tax Foundation, the state also has the third-worst business tax climate in the country.
California is 24/7 Wall St.’s “Worst Run State” for the second year in a row.
Prop 30 is only temporary.. How long is temporary?
Cities across the state are broke. Many cities across California raised their city Sales Taxes. (On top of Prop 30). Sacramento raised theirs .5%.
Some cities raised them a Full 1%.. for 5 Years.. California politicians says its just temporary until California's economy comes back..
But most Californians know its permanent..
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