Category Archives: Economics

Everyone I Know

is leaving California:

As a native Californian, it no longer astonishes me how so many in this state, one bountifully blessed by nature, have become deaf to reason. I’ve grown sadly used to such alleged thinking. The people of California who determine government, business and societal direction have swallowed their own hype, firmly believing that California’s greatness cannot be damaged or destroyed by their actions. In this they are completely mistaken, utterly unaware of this being the case.

These people are committed to the philosophy that wealth is both to be obtained at all costs and the greatest of evils, something to be seized and redistributed to those unwilling to work toward bettering themselves. California is a nanny state on steroids, driving businesses away and mocking them as they leave for failure to be good citizens, never once stopping to note how their departure also means the loss of jobs and tax revenue. It preaches diversity but practices division, excuses all from personal responsibility and promotes itself as a godless church giving alms to the poor while not once noticing that not only in doing so does it keep them forever chained to government handouts, the donation basket is empty due to having driven away all followers from its pews.

There is no reason to believe any of this will change in the near future. Politically, the state is firmly in the hands of liberal Democrats who are blind to economic reality, forever beholden to overpaid and horribly over-pensioned state employees who accept no responsibility for the economic crisis. Unemployment is rampant due to the state’s anti-business attitude and insanely excessive regulatory addiction. Taxes are obscene; the highest in the nation. The California GOP is pathetic, unable to find and support quality candidates that stay on message while speaking honestly about the state’s problems. Sacramento gleefully doles out taxpayer dollars to illegal immigrants while strangling farms with inane environmental laws that solve nonexistent problems while creating authentic new ones. California is tens of billions of dollars in debt with no cohesive policy, let alone the courage, to do what is necessary to solve the problem: create jobs by easing regulations and slashing taxes while simultaneously making deep cuts across the board in government spending, starting with its state workers salaries and pensions. Instead, it will most likely beg for a federal bailout, which it won’t get, and then either declare bankruptcy, hiding behind judicial decisions as to what will be done to relieve the debt, or simply default on what it owes to most everyone.

Well, apparently, that’s what California wanted.

Botched Environmental Predictions

Here are eight.

Speaking of which, here’s some new research (yes, “peer reviewed”) indicating that most of the warming modelling done to date is invalid. I’m shocked, shocked.

Decades from now, scientists, real ones, are going to be amazed at the hubris of today’s generation of climate “scientists,” given how little we really understand this complex and chaotic phenomenon.

A Man-Made Famine

in America:

Fresno is the agricultural capital of America. More food per acre in more variety can be grown in the fertile Central Valley surrounding this community than on any other land in America – perhaps in the world.

Yet far from being a paradise, Fresno is starting to resemble Zimbabwe or 1930s Ukraine, a victim of a famine machine that is entirely man-made, not by red communists this time, but by greens.

That’s why they call them watermelons. There’s not much difference between green and red these days.

More Health-Care Unconstitutionality

The Medicare mandates violate the General Welfare clause.

[Update a few minutes later]

ObamaCare criminalizes medicine. Yeah, HillaryCare tried to do that, too. But that time there were enough Dems smart enough to keep it from happening. No such luck last year.

[Update a while later]

Well, Queen Nancy warned us that we had to pass the bill to see what was in it. But it was important. Who had time to read it?