California under Newsom

[Mick1]

I haven’t watched Bill O’Reilly in a very long time, but here’s a few points he makes about Governor Newsom’s California and the economic miracle he wants to export to the rest of the United States:

• California has the highest unemployment rate in the country (and after the minimum wage hike for fast food restaurant workers — excluding Newsom’s own restaurants, which pay 20% less than the cited minimum and exempts Panera’s restaurants — the unemployment rate is surely going to rise).
• 67% of California counties have lost population.
• The highest cost of living in the Continental U.S.
• A diminishing middle class, down from 62% in the sixties to 48% today
• The highest rate of cost-adjusted poverty in the U.S.
• One third of all U.S. welfare recipients
• Half of all unsheltered homeless in the U.S.
• Higher level of income inequality than all but 5 states
• Huge geographic disparities, with median household income in some regions at only one third of the more affluent regions
• Ranked 49th in homeownership
• K-12 system ranked 40th (D+ grade)
• Last in literacy in the U.S.
• Once highly-rated infrastructure now ranked 31st
• An unreliable supply of water
• An unreliable and unaffordable supply of energy
• Perennial out-of-control forest fires
• Persistent ranking as the most unfriendly state in which to do business
• A fragmented political environment unable to address root causes
• Per Stanford, the state is hemorrhaging population to Texas, Arizona and Nevada (we lost a U.S. House of Representatives seat)

https://siepr.stanford.edu/publications/policy-brief/californias-population-drain#:~:text=California’s%20high%20cost%20of%20living,states%20like%20Arizona%20and%20Texas.

Audaces fortuna iuvat

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