Despite stubbornly high inflation and document- large credit card debt, the economy added 2.7 million work last year while poverty hovered just below 4 %. But not all says did as effectively. California, the gem of Democratic uniparty management, added just 154, 000 tasks, and joblessness stagnated above 5 %.
While states such as Florida and Texas grew their workforce by 3.4 % and 3.3 %, respectively, California’s grew by just 0.87 %. All this was while the state budget deficit ballooned to a record$ 73 billion as revenues from personal income tax collection dropped by 25 %.
Why is California’s business spitting while the rest of the country moves away?
The simplest solution is that California’s population is shrinking. After more than 100 years of steady progress, California is exporting more people than it is importing. The state continues to have golden sunshine, natural beauty, and warm winters, but bad policy decisions by Democratic politicians who run the state mean people simply do n’t want to live there anymore.
The biggest reason people are leaving is the cost of cover. On the beach where the best work are, California has some of the most expensive cover in the state. To obtain a percentile- priced home in San Francisco, a home needs to make$ 400, 000 a month. True families in San Francisco make only one- next of that:$ 136, 000.
California’s housing crises is due to increased environmental rules, which makes it impossible to build new homes. While California built only fewer than 120, 000 fresh houses in 2020, Texas built more than 260, 000.
California also suffers from higher energy prices, as intended by the controlling Democratic Party. State laws and taxes produce the highest fuel costs in America and some of the highest power rates. High oil prices make everyone more expensive, as most goods are delivered by vehicle, and higher electricity prices make manufacturing in the condition next to impossible.
California sells itself on tv as a wonderful place to travel into the dusk, but the Bureau of Transportation Statistics has found that it has some of the world’s worst roads. Little reveals California’s disturbed system priorities more plainly than the billions of dollars it has spent on a large- speed train project since 2008 that remains untouched without even a one mile of track. However, California is letting the roadways fall into disrepair. They once made the state a prime destination for millions of people, but now California prefers to spend billions of dollars on equipment that no one wants and does n’t work.
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Other than the costly cover, higher energy costs, and crumbling system, California has the world’s largest homeless people. Some live in filthy available- air medication markets funded by robbery and welfare. Entire neighborhoods of major cities such as San Francisco and Los Angeles have become uninhabitable, and companies are abandoning them.
California is typically wonderful, and many millionaires and billionaires choose the good life it. And there will always be refugees applicable to mow their gardens, prepare their meals, wash their properties, and look after their children. But it is a gated life to which the general public is not admitted. For the middle class, the California dream is dead. Until there is a change of leadership in Sacramento, it will stay dead.
