Posts Tagged ‘Welfare State’

Texas vs. California Update for April 15, 2014

Tuesday, April 15th, 2014

Today sucks if you still have to finish your taxes. It sucks more in California than Texas, since you have to pay state income taxes as well. That includes a marginal tax rate of 9.3% for all those millionaires making more than $49,774 a year. As opposed to Texas’ marginal rate of 0.0% for all…

  • Rich Californians don’t seem to mind that their green fantasies are screwing the poor.
  • California Democrats are trying to write racial quotas into the state Constitution. Oddly enough, Asian Americans are actually objecting to their children getting screwed out of college admissions. (Hat tip: Instapundit.)
  • “A combination of unfriendly tax policies, military budget cuts and cutthroat competition is wreaking havoc on California’s storied aerospace industry, a new study cautions.” ​​More here, which notes that:

    Texas and Washington offer low corporate income tax and no personal income tax, while providing a stable business climate and skilled work force. Many high-profile corporations have relocated their operations to new states. Recent examples include Northrop Grumman, which moved its headquarters to Northern Virginia; Raytheon Space and Airborne Systems, which moved its headquarters to McKinney, Texas; and Boeing, which moved two aircraft modernization programs, for the C-130 Hercules military transport aircraft and the B-1 bomber, from Long Beach to Oklahoma City.

  • CalPERS latest report proves conclusively that the fund spontaneously generates unicorns, rainbows and jobs. The Wall Street Journal examines the claims, wipes the vaguely yellow liquid off their legs and concludes “This political report offers one more reason why taxpayers and public workers shouldn’t trust Calpers with their money and would be better served by defined-contribution retirement plans that employees own and control.”
  • The California State Teachers’ Retirement System announced it faces $73.7 billion in long-term liabilities. “CalSTRS has a $71 billion unfunded pension liability.”
  • Both CalPERS and CalSTARS are desperately in need of reform.

    The state teacher pension fund, CalSTRS, needs an extra $4.5 billion each year for 30 years to pay off its unfunded liabilities. CalPERS’ local government members will see costs increase by 50 percent during the next six years. And the state needs to contribute $1 billion more per year for retiree health care benefits.

    These obligations for benefits already earned must be paid, and over the next decade, they will continue to drain funding from essential services such as education, public safety, transportation and health care.

    Yet, powerful interests remain all too eager to kick the can down the road and push our pension problems onto future generations.

  • Why California has an affordable housing crisis.
  • Is there a way out of Taxifornia? As such a solution would require liberals to stop acting like liberals, the answer is: probably not.
  • Bell’s corrupt officials agree to plea bargain deal. Bonus: Robert “Ratso” Rizzo gets 33 months on federal tax evasion charges. (Hat tip: Dwight, who has been all over the Bell story.)
  • At least 60 companies have relocated from California to Texas. But Elk Grove, California is striking back, trying to lure Texas companies to California. “The slogan: ‘Don’t wait for high taxes and stifling regulation to come to you, end the suspense and move to California’ just doesn’t seem too appealing to me.”
  • Continuing troubles with California’s high speed rail boondoggle.
  • Sports equipment maker MonkeySports is relocating from Corona, California to Allen, Texas, adding up to some 225 Texas jobs over two years.
  • A closer look at relocations to the Austin area.
  • Texas vs. California Update for March 24, 2014

    Monday, March 24th, 2014

    In California, I would say that March Madness is ignoring the looming pension crisis, except that madness extends to every other month as well…

  • Where is income inequality worst in the U.S.? Well, for one thing, in California:

    Perhaps no place is inequality more evident than in the rural reaches of California, the nation’s richest agricultural state. The Golden State is now home to 111 billionaires, by far the most of any state; California billionaires personally hold assets worth $485 billion, more than the entire GDP of all but 24 countries in the world. Yet the state also suffers the highest poverty rate in the country (adjusted for housing costs), above 23%, and a leviathan welfare state. As of 2012, with roughly 12% of the population, California accounted for roughly one-third of the nation’s welfare recipients.

    With the farm economy increasingly mechanized and industrial growth stifled largely by regulation, many rural Californians particularly Latinos, are downwardly mobile, and doing worse than their parents; native-born Latinos actually have shorter lifespans than their parents, according to a 2011 report. Although unemployment remains high in many of the state’s largest urban counties, the highest unemployment is concentrated in the rural counties of the interior. Fresno was found in one study to have the least well-off Congressional district.

    The vast expanse of economic decline in the midst of unprecedented, but very narrow urban luxury has been characterized as “liberal apartheid.” The well-heeled, largely white and Asian coastal denizens live in an economically inaccessible bubble insulated from the largely poor, working-class, heavily Latino communities in the eastern interior of the state.

  • The Myth of the California Renaissance:

    California also has the nation’s highest poverty rate and the most food stamp recipients, and policymakers have done little to address profligate spending, unfunded pensions, and ever-growing retiree health-care obligations.”

    Inland California, from Imperial in the south to Modoc in the north, remains one of the poorest regions in the nation. Though the state unemployment rate fell in February to 8.1 percent, inland unemployment ranges from 9.5 percent in Riverside to 25.9 percent in Colusa. Of the 20 counties in the United States with the largest unemployment rates, 11 are in California.

  • California only has the second highest taxes in the nation! Thank God for New York!
  • Unfavorable ballot language stymies a California pension reform effort
  • …but pension reform advocates are regrouping to make another push in 2016.
  • Indeed, pension reform will be the biggest issue for southern California voters this fall.
  • More on how government at the state and national level is destroying California agriculture in the name of protecting the Delta Smelt.
  • There’s speculation that California Governor Jerry Brown actually wants to see the illegal, underfunded, and ill-fated “bullet train to nowhere” die, he just doesn’t want to get the blame for killing it.
  • How Texas job growth has outpaced both the nation and California.
  • Occidental Petroleum is moving its headquarters to Houston and spinning off its California operations as a separate company.
  • Rick Perry raids again.
  • Telecom company Channell Commercial is relocating from Temecula, California to Rockwell, Texas. “Blaming California for an oppressive business climate for manufacturing growth, Channell said the costs to do business here have made expansion in this state no longer feasible.”
  • And I missed this story from last year on Chevron building a 50 story office building in Houston. That could mean the days of their California headquarters are numbered…
  • LinkSwarm for February 25, 2014

    Tuesday, February 25th, 2014

    Another roundup of tab-clearing news, much of which got pushed aside by Ukraine updates:

  • Obama Administration admits that ObamaCare will screw small businesses. (Hat tip: Instapundit.) Why are any Republicans futzing around with any fix but full repeal?
  • Bobby Jindal: “Obamacare is giving low-income Americans fewer reasons to work.”
  • How ObamaCare is turning into the Democrats’ own forever war.
  • Two more congressional Democrats retire.
  • And that doesn’t count liberal Democratic fossil John Dingell, who’s also retiring after a mere 58 years in office.
  • And speaking of Michigan Democratic congressman, here’s how Rep. Gary Peters is trying to kill a woman with cancer:

  • Democrats in denial over ObamaCare unpopularity. Well, those who haven’t retired yet…
  • How unions and Democratic cronies looted Detroit’s pension plans.
  • Former Democratic congressman and convicted statutory rapist Mel Reynolds arrested on child pornography charges in Zimbabwe. (You might remember that Bill Clinton pardoned him on the way out the door…)
  • Deeply incompetent New Orleans Democratic Mayor Ray “Chocolate City” Nagin convicted on 20 federal corruption counts.
  • NJ’s Democratic Rep. Rob Andrews: The Washington Generals of Legislators.
  • The top special interest donors contribute to Democrats.
  • This week in the Democratic Liberal Media Complex Revolving Door.
  • There are few people liberals hate more than conservative black men.
  • Ted Cruz is winning.
  • Food prices continue to soar, yet another sign that inflation figures are significantly understated.
  • Record numbers of college graduates are living with their parents. Thanks, Obama!
  • “*Somebody* at Cover Oregon will end up going to jail.”
  • “The combination of UAW micromanagement and adversarial culture, not wages per se, is what helped to do in GM.”
  • “The UAW couldn’t even win an election it had been handed on a silver platter by management.”
  • Venezuela continues to stumble along at a repressive simmer.
  • Too bad they’re out of toilet paper.
  • Catholic priest in Venezuela beaten unconscious by socialist state thugs.
  • Michael Totten points out that Che Guevara is a murderous communist scumbag. Bonus: “Cuba’s maximum wage is less than one percent of America’s minimum wage”
  • Battle is joined between EUroskeptic UKIP and the EUrophilic Liberal-Democrats.
  • John Kerry: There’s no room in the religion of global warming for cost-benefit analysis.
  • UK Leftists want punitive taxes even if they bring in no additional revenue.
  • Detroit home-owner with an AR pattern rifle 3, stupid thugs trying to break into her home 0.
  • Portugal decriminalized all drugs 11 years ago. Result? Addiction cut in half, and “Portugal’s drug usage rates are now among the lowest of EU member states.”
  • “Diversity demands that diversity of opinion not be tolerated anymore.”
  • “Anti-male misandry, like anti-female #misogyny, is unjust and dangerous.”
  • Paying attention to the victimhood identity politics crowd, or how to murder your writing career.
  • Sarah Hoyt further dissects Science Fiction and Fantasy Writers of America idiocy. She touches on many of the reasons I didn’t renew my membership, the main ones being that SFWA is no longer important enough to be worth fighting for, and was certainly not worth $90 a year in dues.
  • “Human Resources has been very reluctant to respond to my complaints about being invisibly strangled by a cyborg space wizard.”
  • One more Tweet:

  • Texas vs. California Update for February 11, 2014

    Tuesday, February 11th, 2014

    Meant to put this up at lunch, but Stuff. And Things.

  • How California overprotects public employee union contracts. If the paper from Volokh the Younger is too heavy-sledding for non-lawyers, here’s a nice summary.
  • CalPERS is demographically doomed.
  • The people of San Bernardino vote all the bums out. “After Tuesday night, six of seven council members are now on record as saying they want to explore reducing San Bernardino’s pensions, along with [Carey] Davis, the new mayor, and a new city attorney, Gary Saenz.”
  • Another California city, Placentia, drifts toward bakruptcy. “Placentia has been papering over a structural $1.5 million deficit in its $30 million budget for at least five years, plugging the hole with lucky money (more soberly called ‘one-time revenues’).”
  • Stockton: Hey, we’re in bankruptcy! I guess that means we can just kill our shelter animals willy nilly. Federal judge: Not so fast.
  • Los Angeles firefighter compensation averages $218,000 an employee. (Hat tip: Pension Tsunami.).
  • Are even California’s Democratic legislators waking up to the problem?
  • California university workers plan a strike. See, no matter how broke you are, unions still want wage hikes…
  • Unions want to ensure that Bob Filner’s closest ally is elected Mayor of San Diego to keep their gravy train coming…
  • Union membership in California is down to 16.4% of the workforce.
  • Jerry Brown: Hey, Supreme Court, reverse that high speed rail decision! High Speed Rail Contractor: Thanks, Jer! Here’s $27,000.
  • Websense is relocating from San Diego to Austin. Dropbox is also moving additional jobs to Austin.
  • Charles Schuab is relocating jobs from San Francisco to Texas.
  • California industrial brush company relocates to Utah.
  • The Texas labor force keeps growing.
  • Detroit Kills

    Monday, February 3rd, 2014

    If you’re following the story of the decline and fall of Detroit, then this Kevin D. Williamson article over on NRO is a must.

    Some nuggets:

    Detroit has the highest child-mortality rate of any American city, exceeding that of many parts of what we used to call the Third World. The rate of death before the age of 18 in Detroit is nearly three times New York City’s, and its infant-mortality rate exceeds that of Botswana. The main cause of premature death among the children of Detroit is premature birth — the second is murder. While the city’s murder rate among adults is nothing to be proud of, more horrifying is the fact that between 30 and 40 children are murdered in Detroit in a typical year.

    Detroit represents nothing less than progressivism in its final stage of decadence: Worried that unionized public-sector workers are looting your city? Detroit is already bankrupt, unable to provide basic services expected of it — half the streetlights don’t work, transit has been reduced, neighborhoods go unpatrolled. Worried that public-sector unions are ruining your schools? Detroit’s were ruined a generation or more ago, the results of which are everywhere to be seen in the city. Worried that Obamacare is going to ruin our health-care markets? General-practice physicians are hard to find in Detroit, and those willing to accept Medicaid — which covers a great swath of Detroit’s population — are rarer still. Worried about the permissive culture? Four out of five of Detroit’s children are born out of wedlock. Worried that government is making it difficult for businesses to thrive? Many people in Detroit have to travel miles to find a grocery store. This is the endgame of welfare economics: What good is Medicaid if there are no doctors? What good are food stamps where there is no food? What good are “free” schools if you’re so afraid to send your children there that you feel it prudent to arm them first?

    Detroit is what Democrats do.

    Read the whole thing.

    LinkSwarm for January 29, 2014

    Wednesday, January 29th, 2014

    Lots of news from around the world, where the global economy is handing like a Kia that’s just started losing traction on an icy hill:

  • Bundesbank: Don’t look at us, broke PIIGS, you’re going to have to screw your own people.
  • Does a big default loom in China?
  • Russian bank halts all cash withdrawals?
  • Meanwhile, reports that Chinese banks have stopped allowing withdrawals turns out to be a false alarm.
  • European earnings outlook: Zero.
  • Problem: Greek economy still sucking wind. Solution: change how GDP is calculated.
  • Japan hits record trade deficit. Remember when they were supposed to take over the world?
  • The ruble flirts with record lows.
  • Obama and the Democratic Party’s numbers are worse than they were in 2010.
  • Planned Parenthood wonders what’s the big deal with a little statutory rape among friends?
  • Florida heroin kingpin is an illegal alien on food stamps.
  • Another Democrat convicted of that vote fraud that doesn’t exist. (Hat tip: Dwight.)

  • Democrats actually polling worse than they were in 2010. And that’s from Dem pollster/booster John B. Judis.
  • Target’s part-time workers get ObamaCared.
  • We have a winner for troll of the year:

    Every time I hear someone say that feminism is about validating every choice a woman makes I have to fight back vomit.

    Do people really think that a stay at home mom is really on equal footing with a woman who works and takes care of herself? There’s no way those two things are the same. It’s hard for me to believe it’s not just verbally placating these people so they don’t get in trouble with the mommy bloggers.

    Having kids and getting married are considered life milestones. We have baby showers and wedding parties as if it’s a huge accomplishment and cause for celebration to be able to get knocked up or find someone to walk down the aisle with. These aren’t accomplishments, they are actually super easy tasks, literally anyone can do them. They are the most common thing, ever, in the history of the world. They are, by definition, average.

    Amy Glass, come down and collect your coveted Trolly! (Hat tip: Instapundit.)

  • “Woman Takes Short Half-Hour Break From Being Feminist To Enjoy TV Show”
  • In case you didn’t notice, Iran’s mullahs are still lying, violent scumbags.
  • Strangely enough, Israeli’s trust Netanyahu more than Obama. Funny how a mere 40+ years Palestinians breaking every agreement they’ve signed will sour people on the peace process…
  • Michael Totten wanders around Cuba some more, where he let’s us know that Cubans can be arrested for unauthorized shrimp.
  • California Court determines that disgraced serial journalistic liar Stephen Glass is too dishonest to be a lawyer.
  • In other news, Eugene Volokh stuns Washington Post readers with non-liberal thoughts on guns and other topics.
  • Have you ever considered the possibility that Woody Allen isn’t a child molester?
  • Drive a Fit, a Prius, a Yaris, or a Fiat 500? Hope you’ve made out a will.
  • Anthony Weiner forced to downsize to an apartment whose rent is a mere 6 times my mortgage.
  • Texas vs. California Update for January 8, 2013

    Wednesday, January 8th, 2014

    Time for another look at the respective fortunes of the nation’s two biggest states:

  • Between 1992 and 2010, California lost $45.27 billion in income while Texas gained $24.94B. (Hat tip: Moe Lane.)
  • That’s one of the many reasons Texas has a $2.6 billion budget surplus.
  • California’s Attorney General imposes some strange language choices on a proposed pension reform initiative.
  • California Governor Jerry Brown to shift money from a green “cap and trade” fund to the high speed rail boondoggle. “Brown, et al., apparently believe that diverting cap-and-trade fees into the bullet train may buy enough time to move some dirt and lay some track, with the hope that once construction begins, it will create a moral/political commitment to complete the project. But the proposed diversion is more likely to be dumping more money into a bottomless rathole.”
  • Remember: Spending money on green boondoggles means less is available for paying for luxuries like heating classrooms in winter.
  • Desert Hot Springs inches closer to bankruptcy. They’ve already eliminated their fire department, owe $4 million from last year, and are expected to run out of money in April.
  • How the California city of Pacific Grove broke the law and ignored voter wishes to accumulate massive pension debts. “Pacific Grove now has a new unfunded pension deficit of about $45 million, in addition to the $20 million in pension bonds. The deficit grows at 7.5% per year (about $3.2 million compounding).” A neat trick for a city whose entire budget is around $12 million a year. The first in what promises to be a 7 part series.
  • Orange County employees enjoy a whole bunch of plush benefits.
  • There’s a movement afoot in California to replace seniority with performance for determining teacher layoffs. Another group wants to make it easier to fire sex offenders. Naturally teacher’s unions are opposing both. (Hat tip: TPPF.)
  • California declares war on hot sauce maker Sriracha.
  • Is California’s 10 day gun waiting period unconstitutional? (Hat tip: Shall Not Be Questioned.)
  • Restaurant chain Mimi’s Cafe relocates their headquarters from California to Texas.
  • There’s a lot of talk (not yet confirmed) that Vista Equity Partners is planning to move Active Network, Websense, and Omnitracs to Texas.
  • Evidently Los Angeles can no longer support a WNBA team. (Hat tip: Dwight.)
  • Allied Van Lines confirmed that Texas remained the number one destination for relocation in 2013.
  • 14 things non-Texans don’t understand.
  • Charles Krauthammer Nails ObamaCare

    Friday, December 20th, 2013

    This is far from the first time Charles Krauthammer has taken the wood to ObamaCare, but this piece provides an admirable takedown for column length:

    In fact, Obamacare is a full-scale federal takeover. The keep-your-plan-if-you-like-your-plan ruse was a way of saying to the millions of Americans who had insurance and liked what they had: Don’t worry. You’ll be left unmolested. For you, everything goes on as before.

    That was a fraud from the very beginning. The law was designed to throw people off their private plans and into government-run exchanges where they would be made to overpay — forced to purchase government-mandated services they don’t need — as a way to subsidize others. (That’s how you get to the ostensible free lunch.)

    It wasn’t until the first cancellation notices went out in late 2013 that the deception began to be understood. And felt. Six million Americans with private insurance have just lost it. And that’s just the beginning. By the Department of Health and Human Services’ own estimates, about 75 million Americans would have plans that their employers would have the right to cancel.

    Also:

    Three years ago I predicted that Obamacare would turn insurers into the lapdog equivalent of utility companies. I undershot. They are being treated as wholly owned subsidiaries.

    Read the whole thing.

    LinkSwarm for December 13, 2013

    Friday, December 13th, 2013

    A lot of ObamaCare, a little on guns, and a pinch of everything else, from Ace, Instapndit, and elsewhere:

  • Man with critically ill son gives up on ObamaCare after 50 tries to buy insurance.
  • Complain about your insurance being cancelled due to ObamaCare? That’s an audit. For you, your advocate, and your insurance salesman.
  • Finally, after furiously covering for Obama when it counted, Liberal media tool Politifact is forced to admit that “If you like your health care plan, you can keep it” is the lie of the year.
  • Oregon spent $300 million on its ObamaCare exchanges only to sign up a grand total of 44 people.
  • Here’s a chance to vote for the ObamaCare launch as top Fail of 2013.
  • After 2 hours of open heart surgery, Gateway Pundit’s Jim Hoft is losing his insurance thanks to ObamaCare.
  • ObamaCare is already pushing low-wage workers out of jobs.
  • Charles Krauthammer: The ObamaCare enrollment figures are bunk.

  • Kathleen Sebelius is really getting tired of answering questions on why she sucks.
  • Obama earns a 62% disapproval rating among independents: Quick! He better give a speech!
  • Every time you think the ATF has sunk as low as they possibly can, they dig further.
  • After months of propaganda from the Democratic Party’s media wing and millions of Nurse Bloomberg’s dollars spent, the American public is now now more opposed to gun control than when the year began.
  • How the EU and Obama are blowing it in Ukraine.
  • Time magazine thinks Pope Francis is important because of his “rejection of church dogma.” In other news, the people running Time magazine just aren’t very bright.
  • Georgia Tea Party opposes tax giveaways for sports franchise billionaires. As well they should.
  • Problem: UT regent Wallace Hall investigates corruption and inluence peddling at the university. Solution: Impeach him.
  • Ted Cruz makes it into a question on Jeopardy.
  • Update on Wiliamson County race filings. John Carter, Tony Dale and Larry Gonzalez are all running unopposed.
  • Reminder: Dogs are awesome.
  • Texas vs. California Roundup for December 11, 2013

    Wednesday, December 11th, 2013

    Time for another roundup of Texas, Red State Champion, versus Blue State California:

  • Texas is the tenth best run state in the union, while California is the worst.
  • The vast gap between California’s haves and Have Nots.
  • The federal court Detroit bankruptcy ruling has made CalPERS nervous. As well it should.
  • Ditto public employee unions. “Government agencies should have the right to reduce future accruals, just as private-sector employers can — and they shouldn’t have to wait until they’re insolvent to do so…In California, prospective benefits are sacrosanct because of a series of poorly reasoned legal rulings…The system must be fixed before more municipalities reach bankruptcy. For state and local governments to climb out of their deep holes of pension debt, they must first stop digging.”
  • A succinct statement of the problem “California local governments cannot thrive if escalating retirement costs crowd out money for public service.” Plus: “Bargaining effectively occurs between unions and those elected largely because of money from unions.”
  • Today’s California city teetering on the edge of bankruptcy: Fresno. (“Fresno? No one goes to Fresno anymore!”)
  • 18 LA County Sheriffs department deputies indicted for “beating jail inmates and visitors, trying to intimidate an FBI agent and other crimes.” (Hat tip: Dwight, who notes “They tried to intimidate an FBI agent? Does LACSD make it a practice to hire and promote deputies who are dumber than a bag of hair?”)
  • Speaking of police behaving badly, 28 Santa Monica cops took home more than $200,000 last year. For comparison, Austin’s chief of police earns $198,819 a year.
  • Even California isn’t wild about Obama anymore.
  • California lobbyist organizes a second junket to Cuba.
  • Charting the Texas oil bool.
  • Cognizant moves operations center from New Jersey to College Station.