Saturday, December 20, 2008

California suffers the ravages of "no new taxes - small government."

California has two lessons to teach.

California has a constitution that requires a two-thirds vote to pass the budget. Roughly 40% of the legislature consists of conservatives who demand "No New Taxes!" under all circumstances.

The result? California posts 8.4% jobless rate, third highest in U.S.. The state is about to go into bankruptcy, and it is the direct result of the Reagan Revolution and Proposition 13.

Except for the very wealthy, good government provides a better way of life than the pure libertarian Free Market. That's the first lesson out of California.

And the second lesson? The Republican Party is good for nothing except obstructionism. They'd rather fight and obstruct others than work with them. This is true across the nation, but as usual in America, California is leading the way. Conservatives have given America the current Recession, the worst since the Depression - which was also caused by the same Libertarian conservative philosophy. The cause of the economic disaster is just clearest in California. The rest of the U.S. is going to follow California into the economic pit because of the Republican Party.

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