The Soviet state of California

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  • This topic has 2 replies, 2 voices, and was last updated 3 days ago by MickMick.
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    • #10972
      MickMick
      Participant

      Gist of the article, written by a Manhattan Institute Senior Fellow, is that there are many parallels between the collapse of the Soviet Union in its final days and what we are seeing in our fair state, and it’s because it has become a one-party state, only in CA, it is the Democrats and their loyal, lapdog media.

      The Soviet state of California

    • #10973
      AvatarBeeg_Dawg
      Participant

      WTH happened to the Pacific Coast States? Oregon is so broken and corrupt it is also on the brink.  Washington legislature is trying to circumvent the voter initiative while looking for new ways to generate revenue after the largest tax increase in the state’s history.

      New motto for Libs – There is no problem we can’t fix with enough of your money.

    • #10976
      MickMick
      Participant

      It’ll be interesting to watch what happens to Seattle. The people, in their infinite wisdom, elected a nincompoop with no legislative experience or acumen. Seattle’s budget deficit in 2027 is projected to exceed $127 million, and she’s made a lot of promises.

      To get this link, I had to sign up for “Equity and Inclusion” from the Seattle Times., so…

      Seattle Mayor Wilson shakes up department leadership | The Seattle Times

      Don’t count on cost savings. The Seattle City Council and outgoing mayor didn’t do her any favors. They want to limit Wilson’s options.  They’ve already proposed significant new revenue sources, including a “public safety” sales tax increase, and more than doubling the Families, Education, Preschool and Promise Levy.

      The 2026 budget is balanced, but relies on a one-time $141 million fund balance left over from 2025 and a permanent assumed $10 million underspend that has (not suprisingly) been referred to as “inherently unsustainable.”

      I don’t want her to fail, but I just don’t see how she’s going to avoid it.

      Moody’s Analytics chief economist says that states representing 1/3rd of U.S. GDP (including Washington, Oregon, Wyoming, and Montana) are at high risk of recession. Says that California, Alaska, Nevada, Colorado and New Mexico will tread water. Idaho, Utah and Arizona should continue to expand. California and New York will be the bellwether states:

      These 2 states will determine if the U.S. slips into a recession while one more enters the danger zone, top economist says | Fortune

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