When I read one report stating that California is looking at an $8 billion deficit (that’s Governor Brown’s projection), I was quite happy I’m now a resident of Nevada. And then I read Chriss Street’s report that says the deficit is really $21 billion!
Whatever the true number is–it most likely lies somewhere between the two numbers–there isn’t any doubt that California continues to spend its way to oblivion. The problems, according to the Left, include low taxes, Proposition 13, issues with the tax system, etc.
There seems to be a pattern, eh?
Here is a helpful hint for California: You must lower your expenses. This means cutting the size of state government, cutting pension costs, and cutting salaries. Additionally, California must make itself more attractive to people like me who have fled the Bronze Golden State. Regulations must be cut.
I had a thought, but dismissed it as too obvious. For every new regulation put on the books in California, two should be removed. If that were done California would likely solve its problems within a few years. Of course, my idea here is just wishful thinking. The Democratic Legislature in California thinks that the Golden State is truly golden, and these issues are because the tax rates are just too low. Well, California only has the second worst business climate of the 50 states, so there is room for improvement!