Galt's Gulch

California Feudalism

Posted by $ Abaco 5 years, 4 months ago to Economics
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Click on the link to the study. This fleshes out what my contemporaries and I are feeling in Cali. Near the end, look at what's left for normal middle-class families after bills are paid. (spoiler alert...it's negative!). This is a very interesting study and report...
SOURCE URL: http://www.newgeography.com/content/006112-california-becoming-more-feudal-with-ultra-rich-lording-over-declining-middle-class

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  • Posted by Lucky 5 years, 4 months ago
    I have good memories of the Bay Area. So I went to the comments about San Francisco here-
    dailytelegraph.com.au/blogs/tim-blair...
    story/2a83123e90c40a41ee1e8d18de3fa65a

    Tim Blair, journalist with an Australian NewsCorp paper puts out one of my favorite blogs, not to be taken too seriously sometimes. Some of the comments are good, Australians are fairly up-to-date on the USA and many TimBlair readers must be US residents. One argument runs- but the highest crime and murder rates are in Republican states, a rejoinder says- but look at the cities with the most crime then check the party controlling those city governments.

    Wherever you may stand politically, the current situation and direction give no satisfaction. If there are solutions, the current actions of that State's and city governments are the opposite of what is needed.
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  • Posted by mshupe 5 years, 4 months ago
    Is Pat Brown Jerry Brown's father? The apple doesn't fall far from the tree. Brown and sycophants really believe the government formulas created California's former success much the European elite still believe in the "True Progressivism." Massive hubris and ignorance.
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  • Posted by $ Olduglycarl 5 years, 4 months ago
    The middle class are the producers and producers will eventually learn to Create, thus threatening the status of non producers and non creators; Therefore, the non producers and non creators "Must go down and confound" their production, [Tax] so that they can not create, "lest nothing be impossible unto them".
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