WSJ: California’s Rise and Fall, From One Gov. Brown to Another (Cali IS NOT headed in the right direction)

 

It’s not the 3rd world yet.

California, what can I say? I love your redwoods, and Big Sur, Monterey, your tax revolt in the 1970s, even weird old San Francisco. (I really do.) But man, you guys have just gone off the deep end.

So are you just going to tax yourselves into oblivion? Is that the idea? Are you going to chase every small business out of the place? (I mean if I was a small startup I’d sellout to Facebook or Apple too,

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Restaurant Die-Off Is First Casualty Of California’s $15 Minimum Wage

The good news is more people are cooking at home. I guess.

Look, reality is reality. Restaurants, many anyway, operate on thin margins. A forced higher wage means margins disappear as does the incentive to stay open.

If the work isn’t WORTH $15 an hour and the minimum wage is $15 an hour, that work will go away. It’s not complicated.

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The price tag on universal health care (for California) is in, and it’s bigger than California’s budget

California seems intent on blowing itself up. It’s like it can’t help itself.

I feel for the non Bay Area and LA Californians. The inland part of Cali remains for the most part – sane. It must be tough to see the cities take the state down.

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