And no one is looking or will admit to looking at the real problems of this state. Well, except for at least one person, Dan Walters, columnist for the Sacramento Bee. Today, his column speaks to the bankruptcies facing many if not most cities and towns in the Golden State. I urge everyone to read his piece (http://www.dailyrepublic.com/opinion/statenationalcolumnists/more-california-cities-likely-to-go-bankrupt-2/) and heed his words.
If you don’t believe Dan, then ratchet back a couple of days and read a short editorial in the WSJ (http://online.wsj.com/article/SB10001424052970203897404578076582869722260.html?KEYWORDS=State+of+Dysfunction). This excellent piece explains in easy to understand detail, just how “a new report shows how unions and politicians are bankrupting Illinois”. Within this editorial piece, Illinois is ranked 48th “Best/Worst States for Business 2011” study by Chief Executive magazine (http://chiefexecutive.net/best-worst-states-for-business). Now…if you didn’t skip ahead and look up the answer, I’ll give you three guesses to this question: what state ranks 50th? Did you get it? Bet those who read this blog got it without looking! Yep! It’s California!!! For 2012, California continues to occupy the number one worst ranking in the country…50th!!! While Texas also continues to occupy the number one BEST state to do business in the United States!
It is also interesting to note that all but one in the top ten “best” states are run by conservative management (Republican Governors) and seven out of the bottom ten or “worst” states are run by liberal management (Democratic Governors). The top three “worst” states also account for 25.5% of the U.S. GDP (Gross Domestic Product) are governed by Democrats and are all in the most economic trouble. Now, does that tell you something? Can you say “train wreck?”
Oh…and vote YES on Prop. 32…if it passes, that’ll take the zip out of the union punch!