The Sad State of the State of California

Many must be wondering whether the state of California is beyond repair.  This is particularly true after the November 2010 elections when its citizens voted for the same politicians that have brought them the same failed policies.  As deficits mount and taxes increase, productive people and enterprises are leaving California for more hospitable states.  Inevitably, there will be a tipping point when the state divides between a large welfare population that controls the vote and the rich who live in gated communities but whose tax revenues cannot support the state's obligations.Good indicators of the outward migration are the prices of U-Haul vehicles.  To rent a 26-foot truck one-way from San Francisco to Austin costs $3236, and yet the one-way charge for that same truck from Austin to San Francisco is just $399.  Even so, U-Haul has to pay its employees to drive the empty trucks back from Texas.According to CEI, California is a state where public employees...(Read Full Article)