ninme

As usual.

PJM – The Long March From California to Copenhagen

[W]e have the highest gasoline taxes, highest income taxes, highest sales taxes and collect enormous amounts of revenue to pay the highest-compensated and most numerous state employees in the nation to allot these revenues for others. We have the largest number of illegal aliens, and offer the most generous state subsidies for health, welfare, and education and legal aid. We pay more per prison convict than anywhere else, and have more of them per capita as well.

But if you are a private company, dealing with high taxes, all sorts of regulations, a crumbling infrastructure (take a 300-mile drive from Gilroy south on 101; spend a day at LAX, or try finding a convenient east-west route out of California in the winter), and poorly educated employees, the experiment in egalitarianism has failed.

Answer? The best job in California is a state one; the worst a private-sector one. Result? 3,500 flee per week with capital, education, and know-how; 2,500 arrive with far less capital and training.

The state is billions in the hole; the public employee unions are furious that there is no “they” left to fork up more money.

And the big companies are gearing up to leave as well. Agriculture is under assault by affluent green state-employed professors, biologists, lawyers, and park officials. Prison union employees, prison administrators, lawyers etc. are all haranguing each other over shrinking funds. Los Angeles is a mess — broke, subpar schools, a place where grandees arrive for the work day and leave asap at 5. San Francisco survives by its natural beauty that snags tens of millions of tourist dollars; without it, it would devolve into Lima or Cairo.

Hey look, Banana Republics again!

This California model is important because Obama is adopting it as a blueprint on a national scale. If he wins (and don’t count him out), life really would be more patterned on an equality of result. New payroll, income, state, local, and health care surcharge taxes would hit those over $200K with about a 70% take of one’s income. The public sector employees double in number, unionize, and demand ever more from “them.” Cap-and-trade charges raise monthly utility bills 20%. Things like SUVs, Winnebagos, and private jet travel are taxed out of reach — except for a guardian class that uses public moneys for a rarefied lifestyle of governance and enforcement (sort of like the jets parked on the tarmac at Copenhagen or Barack’s night out on the Big Apple).

We would all want a job at the DMV but would never want to go there for any service — a model for health care to come. In short, the poor get a little better off, the better-off a lot worse, and America becomes a sort of collective lower middle class at about a 1950s lifestyle, praised and congratulated for ending “poverty.”

Bah.