Rebane's Ruminations
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“Socialism is a
philosophy of failure, the creed of ignorance, and the gospel of envy.” 
Sir Winston Churchill

George Rebane

CalifNetMigrationThere’s good news and bad news about liberal states going to hell in a handcart.  The good news is that the faster they implode, the more chance there is for even the most minimally informed electorate to come to their senses and turn away from socialism.  The bad news is that minimally informed electorates seldom turn back from their race over the cliff.

And from a selfish point of view, being a resident of one of the worst states in this quandary, California will lead the way along almost every pernicious metric you can imagine.  The most obvious one is net migration which Bill Watkins of Cal Lutheran University in his ‘California is in for World of Hurt’ calls the “canary in the mine” that gives advance warning to jurisdictions headed for failure.

Established residents of our state and others have been emigrating to greener pastures for years.  But now, as the nearby chart shows, immigration is no longer able to stem the net outflow.  Even poor people are leaving in droves, being hurt by the same innumerate idiots that they sent to Sacramento.  Citing data from California’s Department of Finance, Watkins writes –

“California’s political class, led by Governor Brown, has been patting itself on the back for solving California’s problems. This celebration is ludicrous.  What they’ve done amounts to a mere slowing down in a long-term political, fiscal, and demographic decline. … Demographic trends themselves are creating a crisis brought about by a population that is simultaneously losing its children and getting older, and to a frightening extent poorer. From 2000 to 2010, the percentage of Los Angeles’ population under 15 years old fell by 15.6 percent. This was the greatest decline of any U.S. major metropolitan area, and about double the U.S. average of 7.4 percent.”

In the 27mar13 WSJ Art Laffer and Stephen Moore take a broader national look (here) at how the blue states are headed into the toilet, and what the red states are doing to avoid the same fate.  From independent Census Bureau sources they observe –

“You can tell a lot about prosperity in America by observing the places people are moving to and where they are packing up and moving from. New Census Bureau data on metropolitan areas indicate that the South and the Sunbelt regions continue to grow, while the Northeast and Midwest continue to shrink. … Among the 10 fastest-growing metro areas last year were Raleigh, Austin, Las Vegas, Orlando, Charlotte, Phoenix, Houston, San Antonio and Dallas. All of these are in low-tax, business-friendly red states. Blue-state areas such as Cleveland, Detroit, Buffalo, Providence and Rochester were among the biggest population losers.”

Laffer and Moore go into some detail to compare and contrast the tax and regulatory policies between the red and blue states.   Part of the good news here is the clear contention between diametrically opposing economic policies of tax and control socialism, and low tax and regulation capitalism.  They observe that “the contrast sets up a wonderful natural laboratory to test rival economic ideas.”

I don’t know how effective this display of successes and failures will be to the rank and file American workers and transfer payment recipients.  But with great purpose our Founders did put in place a republic that can concurrently try out different approaches to make the country grow and prosper.  The Left has been doing its level best to squash this diversity of liberty into one of centrally controlled homogeneous squalor.   So far their success has been short of complete as we observe that “red states of the South and other areas of the country are moving forward with pro-growth tax reform, while California and the blue states of the Northeast are doubling down on Obamanomics and European progressivism.”

[30mar13 update]  SESF published its first report on unfunded liabilities in 2007 and presented it to the Board of Supervisors.  RR started warning its readers of the magnitude of debt facing Nevada County, California, and jurisdictions across the country.  These reports were politely sniffed away by politicians and bureaucrats ignorant of what was owed.  Now as Europe’s fiscal fractures are making daily news, and the magnitude of the Obama financial mismanagement of the country becomes clear, reports like this one – ‘The Debt Bomb that Taxpayers won’t see coming’ – in the 30mar13 WSJ are starting to clamor about the amounts that was committed by scumbag politicians end running their electorates.

None of this should be news to RR readers.  The news is that it is only now being recognized in the media, but not yet by the public.  And the progressives will be forever blind to what the public service unions have bamboozled from the public that their members were supposed to serve.
 

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31 responses to “Blue State Blues (updated 30mar13)”

  1. Todd Juvinall Avatar

    California is the “canary” in the mine. (Even though the State hates mining, LOL!) When I was in politics here at the local level we railed against “mandates” from the State and fought to keep them away. We failed. (The State is now fighting federal mandates, what a hoot!) All the do-gooders in our state thought all the rules, regulations and mandates they spewed out would make California into their imagined “nirvana”. Well, as we see it failed and they place is a mess. Even “term limits” failed to slow the mess.
    The answer is a Constitutional Convention but unfortunately the legislature is the legal beginning to call one. So, as we become (maybe have) Greece, we see lousy laws shoved down the throats of the people and the confiscation of our money and other private property. One only needs to look at the laws on timber in our state to see the complete loss of our property rights.
    California and its canary are dead regarding innovation and individual;l rights. Too bad, great weather though.

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  2. Joe Koyote Avatar
    Joe Koyote

    Once again, conservative thought blames socialist politicians and excess regulation for fiscal problems. Governments get money by taxing, among other things, income. Therefore, when people are out of work they pay no taxes. When the so-called job creators create jobs overseas, American workers lose jobs, pay no taxes, and have to rely on the unemployment INSURANCE that they have been paying into, the consumer economy falters from a lack of spending. It is all pretty simple, no money no spending no economic growth.
    Perhaps the real reason there is no money among the consuming public is not overregulation or over-taxation that stifles business. In order for economic growth to occur in a consumer economy, consumer income must grow as well. For growth to occur people need to spend money and this simply has not been the case. The culprit really is government regulation in the form of tax structure. As our tax structure has changed the pool of money that is supposed to trickle (an appropriate term) down to the working public has dwindled thus crippling economic growth.
    When adjusted for inflation, between 1966 and now, the bottom 90% of Americans saw their income increase by an average of $59. The top 10% of Americans saw an increase of $116,071. The six Wal-Mart heirs have more money than the bottom 41.5% of Americans put together. This gross imbalance is the direct result of changes in the tax laws, i.e. Government interference of a different kind. Lowering the tax rates on the wealthiest Americans to increase the supposed “trickle down” effect simply does not work. It has been the rule of the land since Reagan and all that has happened is the rich got richer, the poor got poorer and the rest of us got nowhere.

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  3. fish Avatar
    fish

    Lowering the tax rates on the wealthiest Americans to increase the supposed “trickle down” effect simply does not work. It has been the rule of the land since Reagan and all that has happened is the rich got richer, the poor got poorer and the rest of us got nowhere.
    Well Joe if you raise taxes they, the government, aren’t going to write you a check and brighten your day. They’ll waste it studying snail mating habits or hollow point ammunition or bailing out to big to fail financial institutions. You guys seem to think that a bottomless revenue source for the federal government is going to a good thing. It’s not!

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  4. Joe Koyote Avatar
    Joe Koyote

    Yes there are boondoggles in government, most of which are of the pork barrel type inserted into a piece of important legislation on page 59 at the behest of some special interest or another by some congressperson who owes some donor a favor. For example the husband and wife team that started Amway donated $500k each to the RNC. Within six months a rider was put on a bill that virtually only gave a tax break to them to the tune of a few million a year ever since. Yes, inadequate regulations that led to the failure and then bailout of the too big to fail is a scam. Yes allowing oil companies to drill on public land and paying little to no royalties for that publicly owned oil is a scam.
    It is not “government” that is the problem. It is the sleazy politicians whose votes are for hire that populate government that are the problem. How else are roads and bridges and public infrastructure going to be constructed if not with public money? How many decent paying jobs would that create? Private industry isn’t going to do that unless we turn the whole highway system into toll roads, institute pay by the flush toilets to pay for sanitation, or have the most expensive health care system in the world (oops, we already have that).

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  5. Ben Emery Avatar
    Ben Emery

    Why is it that people move to California from other parts of the country and world? Why is it California has the largest economy in the US and in the top ten economies of the world? Please save the your answer these are rhetorical questions that most people with common sense can answer. This is a side issue as normal to the real problem facing America today but I will play along.
    Blue vs Red States
    http://www.slate.com/blogs/the_reckoning/2012/10/25/blue_state_red_face_guess_who_benefits_more_from_your_taxes.html

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  6. Ben Emery Avatar
    Ben Emery

    To address the real issue plaguing the US today is to address the cancer called big business that is sucking the remaining life out of the dying body we call the United States of America
    [Ben, don’t copy and paste an entire essay here that was written and posted elsewhere by someone else. I have deleted the Ralph Nader piece that could have been referenced with an intro by you and a link to his own blog – http://nader.org/2013/03/28/how-big-corporations-are-unpatriotic/ .
    Besides, with the above intro, you misrepresented the copied piece which the reader could not have attributed until Nader’s name at the very end. A word to the wise. gjr]

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  7. earlcrabb Avatar

    A few years ago, Nevada County received stimulus money for our “shovel-ready” realignment of Hiway 49 at La Barr Meadows Road. After diddling around with the project for three years (and adding such luxuries as redwood siding for the sound barriers) Caltrans informs us that they went $800,000+ over budget, and the County has to cough up half the money to finish it. The County says “pound sand,” and Caltrans says “Fine. We’ll just take it out of your future budget.”
    So we’re that much poorer thanks to the government, and we’re told we should be thankful that we got the new intersection at such a bargain. Typical.

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  8. Ben Emery Avatar
    Ben Emery

    People QuickFacts California USA
    Population, 2012 estimate 38,041,430 313,914,040
    Population, 2010 (April 1) 37,253,956 308,747,508
    Population, percent change, 2.1% 1.7%
    Population, 2010 37,253,956 308,745,538
    Persons under 5 years, percent, 2011 6.7% 6.5%
    Persons under 18 years, percent, 2011 24% 23.7%
    Persons 65 years and over, percent, 2011 11.7% 13.3%
    Female persons, percent, 2011 50.3% 50.8%

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  9. Ben Emery Avatar
    Ben Emery

    George,
    I didn’t pretend it was mine and I credited the piece to the author. By leaving the name until the end gave it more of a chance of being read without having the label associated with Nader.
    Ralph Nader
    March 28, 2013
    http://nader.org/2013/03/28/how-big-corporations-are-unpatriotic/
    How Big Corporations Are Unpatriotic
    Many giant profitable U.S. corporations are increasingly abandoning America while draining it at the same time.
    General Electric, for example, has paid no federal income taxes for a decade while becoming a net job exporter and fighting its hard-pressed workers who want collective bargaining through unions like the United Electrical Workers Union (UE). GE’s boss, Jeffrey Immelt, makes about $12,400 an hour on an 8-hour day, plus benefits and perks, presiding over this global corporate empire.
    Telling by their behavior, these big companies think patriotism toward the country where they were created and prospered is for chumps. Their antennae point to places where taxes are very low, labor is wage slavery, independent unions are non-existent, governments have their hands out, and equal justice under the rule of law does not exist. China, for example, has fit that description for over 25 years.
    2004
    http://nader.org/2004/07/02/corporate-unpatriotic-behavior/
    2002 ABC Are Corporate Tax Havens Unpatriotic
    http://abcnews.go.com/Business/story?id=87325&page=1#.UVSnN4VOj-k
    Senator Bernie Sanders Reveals The Top Ten U.S. Corporate Tax Dodgers
    http://www.youtube.com/watch?v=7CUUA8g3DPw

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  10. fish Avatar
    fish

    It is not “government” that is the problem. It is the sleazy politicians whose votes are for hire that populate government that are the problem. How else are roads and bridges and public infrastructure going to be constructed if not with public money? How many decent paying jobs would that create? Private industry isn’t going to do that unless we turn the whole highway system into toll roads, institute pay by the flush toilets to pay for sanitation, or have the most expensive health care system in the world (oops, we already have that).
    It is not “government” that is the problem. It is the sleazy politicians whose votes are for hire that populate government that are the problem.
    Who is government if not those occupy position of power (e.g. sleazy politicians) within it. I would also suggest lumping in the high level career civil servants into this category.
    How else are roads and bridges and public infrastructure going to be constructed if not with public money?
    I don’t know Joe but we have a crap load of “government” now and a significant percentage of these things you cite aren’t being maintained properly. During Gray Davis twilight days he was often heard crowing about how California would never commission the construction of another freeway….of course Gray, the proto-typical government man never said that this would be accompanied by a reduction in collected revenues. I suppose I could live without the new freeway but I’d really appreciate it if you would maintain the existing one. Maybe we shouldn’t build new until we’ve figured out how to manage “old”. Yes, yes….I hear you now….”this is precisely why we need more taxes….to take care of these things”. Why aren’t they doing these things with existing revenues instead of buying Obamaphones, paying California county administrators 400K in perpetuity, or considering staggeringly overpriced superfast choo-choos planned for the bustling and congested Lemoore to Madera corridor.
    How many decent paying jobs would that create?
    Again I don’t know but you are conflating the two issues. You build roads to build roads and you build them because there is a necessity not because you can lard up the payroll with clipboard holders and shovel leaners.
    Private industry isn’t going to do that unless we turn the whole highway system into toll roads, institute pay by the flush toilets to pay for sanitation, or have the most expensive health care system in the world (oops, we already have that).
    I find it amusing that we already have and have had for a long time toll roads in those dog eat dog, no tax, libertarian hell holes like Pennsylvania, New York, and New Jersey.
    And do a little research……. even before PelosiCare FedGov spent $0.65 of every dollar shoveled into the healthcare system. Now why again do I pay $8.00 for an aspirin while an inpatient.

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  11. Russ Steele Avatar

    Freedom in the 50 States, a book by William Ruger and Jason Sorens, was published today. They look at a wealth of numbers and policies in every state in the country. Let’s just focus on what the authors had to say about California in an USA Today article:
    While New York ranks 50th on freedom, California falls just behind, at 49th. And while New York’s biggest problem is taxes, California’s is business regulation, where it comes dead last in our index.
    The Golden State, with hundreds of miles of picturesque Pacific coastline, nonetheless managed to drive off a net of 1.5 million residents between 2000 and 2010 — over 4% of its 2000 population. And Californians’ personal income actually contracted by 0.4% per year in the seven years before the Great Recession struck, a record worse than any other state besides Michigan.

    There will more after readers have had a chance to read the Freedom in the 50 States. Oh, who was in the top and bottom five, here are the results:
    The Top 5: 1. North Dakota 
2. South Dakota 
3. Tennessee 
4. New Hampshire 
5. Oklahoma
    The Bottom 5: 50. New York 
49. California 
48. New Jersey 
47. Hawaii 
46. Rhode Island

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  12. Russ Steele Avatar

    More on Freedom in the 50 States:
    Third Edition of Freedom in the 50 States
    By Emily Washington | Mar 28, 2013
    Today the Mercatus Center released the third edition of Freedom in the 50 States by Will Ruger and Jason Sorens. In this new edition, the authors score states on over 200 policy variables. Additionally, they have collected data from 2001 to measure how states’ freedom rankings have changed over the past decade. While several organizations publish state freedom rankings, Freedom in the 50 States is the only one that measures both economic and personal freedoms.
    Ruger and Sorens have implemented a new methodology for measuring freedom. While previously the authors developed a subjective weighting system in which they sought to determine how significantly policies limited the freedom of how many people, in this edition they have use a victim-cost method, assigning a dollar value to each variable that restricts freedom measuring the cost of restricting freedom for potential victims. The authors’ cost calculations are designed to measure the value of the states’ freedom for the average resident. Since individuals measure the cost of policies differently, readers can put their own price on each freedom variable on the website to find the states that best match their subjective policy preference.
    In addition to an overall freedom ranking, Freedom in the 50 States includes a breakdown of states’ Fiscal Policy Ranking, Regulatory Ranking, and Personal Freedom Ranking. On the overall freedom ranking, North Dakota comes in first followed by South Dakota, Tennessee, New Hampshire, and Oklahoma. At the bottom of the ranking, New York ranks worst by a significant margin, with rent control and burdensome insurance regulations dragging down its regulatory freedom score. New York is behind California at 49th, then New Jersey, Hawaii, and Rhode Island.
    The authors note that residents respond to the costs of freedom-reducing policies by voting with their feet. Between 2000 and 2011, New York lost 9% of its population to out-migration. In addition to all types of freedom being associated with domestic migration, the authors find that regulatory freedom in particular is associated with states’ growth in personal income. They conclude:
    Freedom is not the only determinant of personal satisfaction and fulfillment, but as our analysis of migration patterns shows, it makes a tangible difference for people’s decisions about where to live. Moreover, we fully expect people in the freer states to develop and benefit from the kinds of institutions (such as symphonies and museums) and amenities (such as better restaurants and cultural attractions) seen in some of the older cities on the coasts.

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  13. Paul Emery Avatar

    Good one Russ
    Anybody want to move to North or South Dakota or Oklahoma?

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  14. Bill Tozer Avatar
    Bill Tozer

    All I know is the other day our gasoline prices finally beat Hawaii and were the highest in the nation. Guess who that hurts the most? The worker who has 10 bucks in his pocket and needs 5 gallons of gas. I have lived on faith and fumes and it ain’t a ton of fun. Doesn’t CA have the highest sales tax in the nation? Guess who that hurts the most. Heck, to one of those multimillionaire politicians like Boxer or Fienstein, 2 grand is like 11 cents to them. Doesn’t CA have the highest business tax in the nation? Don’t know if it is the highest, maybe Vermont or New York has a higher tax rate, maybe.
    Don’t see how those on unemployment can pay their taxes. Haven’t drawn an unemployment check since the early 80’s, but it was 100% taxable. Maybe things have changed. Don’t know, but I called the unemployment office and told them I voluntary withdraw my claim. No dignity in receiving an unemployment check…rather work for less and sleep better at night.
    Funny how people are leaving the Northeast with their “tax even the dog house in the backyard” attitude. Maybe they are leaving those states as well cause of the impending ice age hitting our Northern Border. Our politicians’ wet dream is higher taxes, more money, more greenies coming in, a whole shitload more is what makes them tick and cream their jeans.
    Well, at least we got movie stars.

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  15. Joe Koyote Avatar
    Joe Koyote

    There are more billionaires in CA than N. Dakota. Why haven’t they moved? Answer — tax increases really don’t effect the really wealthy enough to make them move. It just isn’t worth the hassle. If a billionaire’s taxes go up by $1 million it is no different than a person who makes $50,000 having to pay $50 more. It’s just pocket change. Who are the people that are leaving CA for the greener pastures of Texas and elsewhere? Are they professionals, small business people, unemployed, homeless, because they aren’t the very wealthy despite lamestream promotion of the notion.

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  16. Joe Koyote Avatar
    Joe Koyote

    FYI — The Mercatus Center has received over $10 million in grants from the Koch Foundation since 1997.

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  17. Fuzz Avatar
    Fuzz

    Russ, I haven’t read the book, but how do the authors score competing values? Let’s say gold is discovered in the Red River in North Dakota, a favorite of nature lovers, canoeists, and kayakers. The legislature, putting commercial enterprise #1 on their priority list, passes legislation allowing suction dredging. A huge group of buckaroos get gold fever and the drone of gas powered pumps is heard every 200 yards for miles. How is the “free market liberty” of dredging scored against the loss of outdoor values savored (and necessary) for the average citizen, not to mention environmental concerns? If a state gets a #1 rating for having the least restrictions, of any kind, on business, does the book also score the state on how that philosophy affects the quality of other values? If a referendum allowing dredging was voted down by the public, preferring a non-commercial value to this resource, is that a “negative” to these authors and a loss of freedom?

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  18. Russ Steele Avatar

    Fuzz@10:27PM
    The authors happily concede that different people value aspects of freedom differently. You can personalize the ranking and pick and choose which aspects of freedom you value and see how the states stack up at this link HERE. They even seek your input to which of the freedoms you enjoy the most. Become a participate rather than an observer.

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  19. Russ Steele Avatar

    JoeK@10:25PM
    And your point is what?

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  20. George Rebane Avatar

    Re RussS 629am – as has been pointed out here numerous times all ‘figures of merit’ (FOM), ‘utility functions’, ‘criteria’, etc are selected and their attributes combined based on subjective judgment. There is no universally objective way of making any decision. Good and bad are in the eyes of the beholder.
    However, this part of how the world works is not accepted by everyone. There are ideologues who believe their FOM is the gold standard by which all decisions should be made, and many more of them for which the FOM concept is not accessible. The latter crowd just wants people to live by their ad hoc judgments and decisions that are supported by nothing save their will.

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  21. fish Avatar
    fish

    FYI — The Mercatus Center has received over $10 million in grants from the Koch Foundation since 1997
    Good to know. If you like I can gin up a list of leftist/statist foundations for you…..Pew, Rockefeller, Tides, Soros……if you like.
    Seriously though, if you have a problem with a report cite the deficiencies. Spare me your DailyKos two minute hate against those who fund it.

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  22. Brad Croul Avatar
    Brad Croul

    “The six Wal-Mart heirs have more money than the bottom 41.5% of Americans put together” – that is because the bottom 41% gave all their money to them, Lol!
    If more people shopped at places other than a few big box stores, profits would be more evenly distributed.
    “the contrast sets up a wonderful natural laboratory to test rival economic ideas.” – it will be interesting to see the migration figures for Washington and Colorado in next few years now that they have legalized marijuana.

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  23. Joe Koyote Avatar
    Joe Koyote

    Russ 6:31 — No point.. I just think it is important for people to know who funds the research various think tanks produce. Funding seldom comes without implicit strings attached. People give money to institutions that promote their ideals and values and will seldom give money to those that roast their donors.

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  24. Russ Steele Avatar

    JoeK@09:27AM
    From your post can I now assume that all Green Peace, Pacific Institute, Union of Concerned Scientist, World Wildlife Federation, etc., funded studies come with “implicit strings attached” with a specific point of view, regardless of the science?
    The Mercatus Center does not hide their point of view: It is free markets all the way down. When you have some free moment from reading the lefty blogs, maybe you can point to some errors in the 50 States analysis, that exposed those attached “implicit strings” by the Koch brothers.

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  25. Joe Koyote Avatar
    Joe Koyote

    Russ- By “implicit strings attached” I mean people will financially support institutions that produce information that agrees with their own attitudes, beliefs, and values. The implication is that the donor might stop support if the information was contrary. Do you give money to Greenpeace? Given the Observer Effect, I think funded studies can be presented from a point of view that interprets the data favorably by looking at some aspects and ignoring others. This is true regardless of so-called political leanings.

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  26. George Rebane Avatar

    JoeK 1008am – all your points are good as long as you don’t automatically agree that the recipients are therefore shills sprinkling credibility pixie dust on their donors’ ideologies.
    To complete this review of how donors support people they like, we have to look at government support of hundreds (thousands) of ideology driven causes and initiatives. Only a naif believes that government monies support those who are ideologically crosswise to the politicians and bureaucrats in power (and yes, there are always the token exceptions).

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  27. Russ Steele Avatar

    Matt Welch writing at Reason.com has some more insight in to California problems. Los Angles is not longer attracting immigrants. The state is not longer the golden state of dreams of a more prosperous future.
    A state whose very identity and economic engine were founded on attracting dreamers from elsewhere has not really come to grips with the fact that it is no longer doing that anymore.
    Well, here comes an even ruder shock: Not only are a majority of residents native-born across the entire state, a majority of residents are native-born in that immigration-destination-within-an-immigration-destination, Los Angeles:
    By the end of the year, the majority of residents in Los Angeles County will be native Californians for the first time in recorded history, according to a recent report. And the share of residents who are native Californians is expected to increase to nearly two-thirds by 2030.
    The report, released by University of Southern California’s Population and Dynamics Research Group, shows a reversal of the long-running influx of immigrants into the city. […]
    “It’s an extraordinary moment in Los Angeles history–everything we know about L.A. will change,” said report co-author Dowell Myers in a statement. […]

    I think that everything we know about the state will change.
    Researchers also found that – as with immigrants – fewer people from other U.S. states are drawn to California, prompting concerns that the Golden State will be unable to meet its needs in the future for labor.

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  28. Bill Tozer Avatar
    Bill Tozer

    RE: Dr. Rebane’s Update. We have not been bamboozled. Rather we have been robbed. Somebody out there is lying, cheating, and stepping on other people’s feet. Those in the pockets of them union thugs feel that standing on our backs makes them feel taller.

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  29. Paul Emery Avatar

    Since this entry is an indictment of Democratic economic policies in California and to the extent that our host has generally shown a preference for Republican governance and is a major expostulator of the Reagan myth I recommend reading this OP ED from David Stockman, Reagan’s budget director from 1981 to 1985. This reinforces my one party Republicrat view of the monopoly of our political system. Take the time to read the entire piece. He writes in part:
    “The destruction of fiscal rectitude under Ronald Reagan — one reason I resigned as his budget chief in 1985 — was the greatest of his many dramatic acts. It created a template for the Republicans’ utter abandonment of the balanced-budget policies of Calvin Coolidge and allowed George W. Bush to dive into the deep end, bankrupting the nation through two misbegotten and unfinanced wars, a giant expansion of Medicare and a tax-cutting spree for the wealthy that turned K Street lobbyists into the de facto office of national tax policy. In effect, the G.O.P. embraced Keynesianism — for the wealthy. ”
    http://www.nytimes.com/2013/03/31/opinion/sunday/sundown-in-america.html?pagewanted=1&_r=1&ref=opinion&pagewanted=all&

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  30. fish Avatar
    fish

    “….In effect, the G.O.P. embraced Keynesianism — for the wealthy. “
    Indeed.
    For whom (who?) else would they embrace Keynesianism……”Obamaphone Woman”?

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