01 July 2011

Companies Abandoning California at an Accelerated Rate « A Geek With Guns

So, Kalifornia's government is slowly imploding and collapsing. It's been going that way for decades, so I find it humorous that so many are surprised. The latest attempt by the state has been to increase taxes to balance the budget, but the private businesses are fighting back, by leaving the state.
Governments need to learn that the only way to effectively eliminate their debt is to spend less money. People will survive without government services but they won’t take loosing 90% of their earnings.
Wow, could it really be that simple?

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