-----Original Message-----
From: Larry Talbot <larry.talbot@hotmail.com>
To: opendebateforum <opendebateforum@googlegroups.com>
Sent: Sun, Sep 30, 2012 11:14 am
Subject: RE: Hundreds of Thousands Flee Democrat-Run California
You received this message because you are subscribed to the Google Groups "Open Debate Political Forum IMHO" group.
To post to this group, send email to OpenDebateForum@googlegroups.com
To unsubscribe from this group, send email to OpenDebateForum-unsubscribe@googlegroups.com
For more options, visit this group at http://groups.google.com/group/OpenDebateForum?hl=en
-- From: Larry Talbot <larry.talbot@hotmail.com>
To: opendebateforum <opendebateforum@googlegroups.com>
Sent: Sun, Sep 30, 2012 11:14 am
Subject: RE: Hundreds of Thousands Flee Democrat-Run California
MAYBE son Lew will die then we will be free of the imbecilic tripe the he vomits forth.
-- > Date: Sun, 30 Sep 2012 05:44:31 -0700
> Subject: Hundreds of Thousands Flee Democrat-Run California
> From: lewcoop@aol.com
> To: opendebateforum@googlegroups.com
>
> Hundreds of Thousands Flee Democrat-Run California
>
> biggovernment.com
> by Tony Lee sucks dick 29 Sep 2012356post a comment
>
> Due to high taxes, burdensome regulations, lack of public sector
> reforms, and a lackluster job climate, more people have left
> California than come to the state since 2005, according to a
> comprehensive study by the Manhattan Institute released on Tuesday,
> suggesting California is no longer "perceived by most Americans as the
> land where dreams come true."
>
> In the report, titled "The Great California Exodus: A Closer Look,"
> Tom Gray and Robert Scardamalia found Californians have fled to states
> like Texas, Arizona, Nevada, Colorado, Idaho, South Carolina, and
> Georgia because those states have a better economic climate with less
> taxes and regulation.
>
> The report found that between 1960 and 1990, 4.2 million Americans
> moved to California and helped accelerate California's booming
> economy. Since 1990, though, California has lost nearly all of that
> gain, with net domestic out-migration averaging 225,00 residents a
> year. Between 2000 and 2010, out-migration has resulted in lost income
> of 5.67 billion to Nevada, $4.96 billion to Arizona, $4.07 to Texas,
> and $3.85 billion to Oregon.
>
> The study found that "if all these trends continue, California may
> find itself in a situation similar to that of New York and the states
> of the midwestern Rust Belt in the last century, which have seen
> populations stagnate for decades, or even fall."
>
> Mitt Romney, on the campaign trail, has often warned that under four
> more years of President Barack Obama, the nation could become more
> like California. Decades ago, this would have been taken as a
> compliment. But, as the report details, it is anything but so today.
>
> Jobs
>
> Californians are leaving for states like Texas because those states
> have more jobs and economic opportunity. The report notes that "more
> often than not, people move because there is a better opportunity
> elsewhere" and "families looking for economic opportunity travel to
> Texas now," where the economy, unlike California's, has been
> "booming."
>
> Those families had once traveled to California. But that is no longer
> so because companies "set up shop where conditions are more conducive
> to making a profit." This also impacts retirees, who may move to
> "migrate to be near children who have taken jobs in another state."
>
> Consider Oklahoma. As the study notes, net migration from California
> to Oklahoma totaled only 775 residents from 1991 to 2000. Ten years
> later, Oklahoma's job market was stronger than California's, and 2,125
> Californians moved to Oklahoma from 2001-2010.
>
> Further, the study found most of the states Californians are fleeing
> to are right-to-work states. Of the ten top states Californians have
> fled to, "seven (Texas, Arizona, Utah, Idaho, Nevada, Georgia, and
> North Carolina) have right-to-work laws that explicitly ban the
> compulsory union shop."
>
> Taxes
>
> The study found most of the "destination states favored by
> Californians have lower taxes," and, as a general rule, "Californians
> have tended to flee high taxes for low ones."
>
> The study also examines several trends that may have instigated or
> accelerated the out-migration from California to more economically
> friendly states since 1990.
>
> In 1990, California's recession was worse than the rest of the
> nation's, and the state's unemployment rate surpassed the national
> average.
>
> At the same time, not only were taxes on the rise in California, but
> residents and business owners felt that "the tax revolt that had
> started with Proposition 13 in 1978 seemed to be out of gas" because
> even Republicans, like Gov. Pete Wilson, were supporting and signing
> off on tax increases.
>
> "It was a sign that California's political leaders had abandoned any
> notion of trying to spur growth through tax cuts," the authors write.
>
> The study found that "California's volatile tax structure (it depends
> heavily on corporate profits and income from capital gains) and its
> inability to restrain spending in high-revenue years made the state
> government increasingly vulnerable to a recessionary shock," and that
> shock arrived in the early 2000s.
>
> Public Sector Instability
>
> The authors note that long before California's municipalities began
> declaring bankruptcy in 2012, California's Standard & Poor's bond
> rating, by 2003, was already at "BBB," the worst in the nation. The
> state then was "patching together budgets through short-term borrowing
> and accounting tricks," and, as a result, "when recovery arrived in
> the middle of the decade, it did not resolve the structural imbalances
> between revenues and spending," which is the cause of California's
> troubles today. As of 2012, California has the lowest S&P rating in
> the nation.
>
> According to the report, the "fiscal distress in government sends at
> least two discouraging messages to businesses and individuals." First,
> they "cannot count on state and local governments to provide essential
> services—much less, tax breaks or other incentives." Second,
> "chronically out-of-balance budgets can be seen as tax hikes waiting
> to happen, with businesses and their owners the likeliest targets to
> tap for new revenue."
>
>
>
> "In contrast, a fiscally competent state inspires confidence that it
> can sustain its services without unpleasant tax surprises."
>
> One interesting note the authors found: "Of the ten states that sent
> the most people to California in the past decade, eight are high-tax
> jurisdictions—and the only two that are not, Illinois and Michigan,
> had low credit ratings."
>
> Regulations
>
> According to the report, California's regulations make it more
> difficult for employers to stay in or come to the state. It cites a
> 2005 study by the Milken Institute that found California was the
> fourth worst state in which to conduct business. This study even left
> out the impact of regulations, which the report noted was hard to
> measure precisely because it was difficult to quantify "the cost of
> delays, paperwork, and uncertainty due to unfriendly laws and
> bureaucrats" and that this was "not an exact science." The report
> cited additional "business climate" surveys that "rank California
> near the bottom in the regulation category."
>
> Population and migration pattern studies are reflective because they
> are important indicators of a state's political and fiscal health.
>
> "Migration choices reveal an important truth: some states understand
> how to get richer, while others seem to have lost the touch," the
> authors write. "People will follow economic opportunity. The theme is
> clear in the data: states that provide the most opportunity draw the
> most people."
>
>
>
> The report notes that California's leaders can start to "do something
> about the instability of public-sector finances," "rethink regulations
> that hold back business expansion and cost employers time and money,"
> enact policies that enable more development of land instead of
> allowing environmentalists to have a veto over any land-use decisions,
> which would make land cheaper and more livable.
>
> How California confronts this situation "will send a strong signal,
> whichever way they go: the state's voters will be deciding to continue
> on the path of high taxes and high costs—or to make a break with the
> recent trend of decline."
>
> "California's economy remains diverse and dynamic; it has not yet gone
> the way of Detroit," the authors note. "It still produces plenty of
> wealth that can be tapped by state and local governments. Tapping that
> private wealth more wisely and frugally can go far to keep more of it
> from leaving."
>
> This study used data from the Census, the Internal Revenue Service,
> the state's Department of Finance, the Bureau of Labor Statistics, the
> Federal Housing Finance Agency, and other sources.
>
> --
> You received this message because you are subscribed to the Google Groups "Open Debate Political Forum IMHO" group.
> To post to this group, send email to OpenDebateForum@googlegroups.com
> To unsubscribe from this group, send email to OpenDebateForum-unsubscribe@googlegroups.com
> For more options, visit this group at http://groups.google.com/group/OpenDebateForum?hl=en
> Subject: Hundreds of Thousands Flee Democrat-Run California
> From: lewcoop@aol.com
> To: opendebateforum@googlegroups.com
>
> Hundreds of Thousands Flee Democrat-Run California
>
> biggovernment.com
> by Tony Lee sucks dick 29 Sep 2012356post a comment
>
> Due to high taxes, burdensome regulations, lack of public sector
> reforms, and a lackluster job climate, more people have left
> California than come to the state since 2005, according to a
> comprehensive study by the Manhattan Institute released on Tuesday,
> suggesting California is no longer "perceived by most Americans as the
> land where dreams come true."
>
> In the report, titled "The Great California Exodus: A Closer Look,"
> Tom Gray and Robert Scardamalia found Californians have fled to states
> like Texas, Arizona, Nevada, Colorado, Idaho, South Carolina, and
> Georgia because those states have a better economic climate with less
> taxes and regulation.
>
> The report found that between 1960 and 1990, 4.2 million Americans
> moved to California and helped accelerate California's booming
> economy. Since 1990, though, California has lost nearly all of that
> gain, with net domestic out-migration averaging 225,00 residents a
> year. Between 2000 and 2010, out-migration has resulted in lost income
> of 5.67 billion to Nevada, $4.96 billion to Arizona, $4.07 to Texas,
> and $3.85 billion to Oregon.
>
> The study found that "if all these trends continue, California may
> find itself in a situation similar to that of New York and the states
> of the midwestern Rust Belt in the last century, which have seen
> populations stagnate for decades, or even fall."
>
> Mitt Romney, on the campaign trail, has often warned that under four
> more years of President Barack Obama, the nation could become more
> like California. Decades ago, this would have been taken as a
> compliment. But, as the report details, it is anything but so today.
>
> Jobs
>
> Californians are leaving for states like Texas because those states
> have more jobs and economic opportunity. The report notes that "more
> often than not, people move because there is a better opportunity
> elsewhere" and "families looking for economic opportunity travel to
> Texas now," where the economy, unlike California's, has been
> "booming."
>
> Those families had once traveled to California. But that is no longer
> so because companies "set up shop where conditions are more conducive
> to making a profit." This also impacts retirees, who may move to
> "migrate to be near children who have taken jobs in another state."
>
> Consider Oklahoma. As the study notes, net migration from California
> to Oklahoma totaled only 775 residents from 1991 to 2000. Ten years
> later, Oklahoma's job market was stronger than California's, and 2,125
> Californians moved to Oklahoma from 2001-2010.
>
> Further, the study found most of the states Californians are fleeing
> to are right-to-work states. Of the ten top states Californians have
> fled to, "seven (Texas, Arizona, Utah, Idaho, Nevada, Georgia, and
> North Carolina) have right-to-work laws that explicitly ban the
> compulsory union shop."
>
> Taxes
>
> The study found most of the "destination states favored by
> Californians have lower taxes," and, as a general rule, "Californians
> have tended to flee high taxes for low ones."
>
> The study also examines several trends that may have instigated or
> accelerated the out-migration from California to more economically
> friendly states since 1990.
>
> In 1990, California's recession was worse than the rest of the
> nation's, and the state's unemployment rate surpassed the national
> average.
>
> At the same time, not only were taxes on the rise in California, but
> residents and business owners felt that "the tax revolt that had
> started with Proposition 13 in 1978 seemed to be out of gas" because
> even Republicans, like Gov. Pete Wilson, were supporting and signing
> off on tax increases.
>
> "It was a sign that California's political leaders had abandoned any
> notion of trying to spur growth through tax cuts," the authors write.
>
> The study found that "California's volatile tax structure (it depends
> heavily on corporate profits and income from capital gains) and its
> inability to restrain spending in high-revenue years made the state
> government increasingly vulnerable to a recessionary shock," and that
> shock arrived in the early 2000s.
>
> Public Sector Instability
>
> The authors note that long before California's municipalities began
> declaring bankruptcy in 2012, California's Standard & Poor's bond
> rating, by 2003, was already at "BBB," the worst in the nation. The
> state then was "patching together budgets through short-term borrowing
> and accounting tricks," and, as a result, "when recovery arrived in
> the middle of the decade, it did not resolve the structural imbalances
> between revenues and spending," which is the cause of California's
> troubles today. As of 2012, California has the lowest S&P rating in
> the nation.
>
> According to the report, the "fiscal distress in government sends at
> least two discouraging messages to businesses and individuals." First,
> they "cannot count on state and local governments to provide essential
> services—much less, tax breaks or other incentives." Second,
> "chronically out-of-balance budgets can be seen as tax hikes waiting
> to happen, with businesses and their owners the likeliest targets to
> tap for new revenue."
>
>
>
> "In contrast, a fiscally competent state inspires confidence that it
> can sustain its services without unpleasant tax surprises."
>
> One interesting note the authors found: "Of the ten states that sent
> the most people to California in the past decade, eight are high-tax
> jurisdictions—and the only two that are not, Illinois and Michigan,
> had low credit ratings."
>
> Regulations
>
> According to the report, California's regulations make it more
> difficult for employers to stay in or come to the state. It cites a
> 2005 study by the Milken Institute that found California was the
> fourth worst state in which to conduct business. This study even left
> out the impact of regulations, which the report noted was hard to
> measure precisely because it was difficult to quantify "the cost of
> delays, paperwork, and uncertainty due to unfriendly laws and
> bureaucrats" and that this was "not an exact science." The report
> cited additional "business climate" surveys that "rank California
> near the bottom in the regulation category."
>
> Population and migration pattern studies are reflective because they
> are important indicators of a state's political and fiscal health.
>
> "Migration choices reveal an important truth: some states understand
> how to get richer, while others seem to have lost the touch," the
> authors write. "People will follow economic opportunity. The theme is
> clear in the data: states that provide the most opportunity draw the
> most people."
>
>
>
> The report notes that California's leaders can start to "do something
> about the instability of public-sector finances," "rethink regulations
> that hold back business expansion and cost employers time and money,"
> enact policies that enable more development of land instead of
> allowing environmentalists to have a veto over any land-use decisions,
> which would make land cheaper and more livable.
>
> How California confronts this situation "will send a strong signal,
> whichever way they go: the state's voters will be deciding to continue
> on the path of high taxes and high costs—or to make a break with the
> recent trend of decline."
>
> "California's economy remains diverse and dynamic; it has not yet gone
> the way of Detroit," the authors note. "It still produces plenty of
> wealth that can be tapped by state and local governments. Tapping that
> private wealth more wisely and frugally can go far to keep more of it
> from leaving."
>
> This study used data from the Census, the Internal Revenue Service,
> the state's Department of Finance, the Bureau of Labor Statistics, the
> Federal Housing Finance Agency, and other sources.
>
> --
> You received this message because you are subscribed to the Google Groups "Open Debate Political Forum IMHO" group.
> To post to this group, send email to OpenDebateForum@googlegroups.com
> To unsubscribe from this group, send email to OpenDebateForum-unsubscribe@googlegroups.com
> For more options, visit this group at http://groups.google.com/group/OpenDebateForum?hl=en
You received this message because you are subscribed to the Google Groups "Open Debate Political Forum IMHO" group.
To post to this group, send email to OpenDebateForum@googlegroups.com
To unsubscribe from this group, send email to OpenDebateForum-unsubscribe@googlegroups.com
For more options, visit this group at http://groups.google.com/group/OpenDebateForum?hl=en
You received this message because you are subscribed to the Google Groups "Open Debate Political Forum IMHO" group.
To post to this group, send email to OpenDebateForum@googlegroups.com
To unsubscribe from this group, send email to OpenDebateForum-unsubscribe@googlegroups.com
For more options, visit this group at http://groups.google.com/group/OpenDebateForum?hl=en
0 comments:
Post a Comment