“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas

Monday, May 14, 2012

Jerry Brown doubles down on bad policy

Because of their generous social programs and the costs associated with taking care of illegal aliens, California is running a budget deficit of around $16Billion dollars. To complicate the problem, state taxes are very high as is the cost of living in the Golden State, so many companies and individuals are leaving in favor of more tax-friendly states such as Tennessee and Texas.

So what's a governor to do? A: Cut spending? B: Lure businesses back by cutting corporate taxes? C: Both? or D: do what Gov. Brown is doing, raising taxes on the remaining citizens and businesses?

If you picked D, you are correct.

How dumb can one man be? He'll drive still more people and businesses out of California and soon there'll be nobody left there except rich celebrities who shelter their wealth offshore and indigent illegal aliens. Then who'll pay for everything?

Gov. Brown indicates, on a scale of 1-10, his level of understanding of tax policy and its consequences

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