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California: A Model for the Rest of the Country, Part 3

See Part 1 or See Part 2.


The Democratic presidential candidate and former New York City mayor likes a lot of what he sees in the Golden State and thinks its efforts on climate change, gun control and criminal justice reform sets a benchmark for other states to emulate.

“I think that California can serve as a great example for the rest of this country,” Bloomberg told supporters at the opening of his Angeles headquarters in January 2020.

What follows is a sampling of articles that deal with California's decline, something that is not a model for the rest of the country. 
Why is liberal California the poverty capital of America?
Guess which state has the highest poverty rate in the country? Not Mississippi, New Mexico, or West Virginia, but California, where nearly one out of five residents is poor. That’s according to the Census Bureau’s Supplemental Poverty Measure, which factors in the cost of housing, food, utilities and clothing, and which includes noncash government assistance…

Money Traps to Avoid in 2020

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Phil Town always (or mostly) has good financial advice. His money traps to avoid this year (or actually any year):

1. Don't buy a flashy new car. If you need a car, find a quality used car.
2. An expensive house you can't afford.
3. Streaming services. Don't over do it. Watch the small stuff. Stick to a budget.
4. Investing too much money in a 401(k).


California: A Model for the Rest of the Country, Part 2

Part 1 here.

On Leaving the Golden State

Guest Post by NicklethroweR. Posted on the Burning Platform.

The fabled Ventura Highway is all that separates my artist loft from the beach where surfing first came to the United States. Both my balcony and front patio face the freeway at about eye level and I could easily smack a tennis ball right on to the ever busy 101. Access to the beach and boardwalk is very important to a Tourist Town such as mine and I can see one underpass from my balcony and another underpass from the patio. Further up the street are two pedestrian bridges. Both have been recently remodeled so that people can not use it to kill themselves by leaping down into traffic. The traffic, just like the spice, must flow and the elites that live here do not like to be inconvenienced as they dart about between Malibu and Santa Barbara.

Another feature of living where I live would have to be the homeless, the insane and the drug addicts that wander this particular neighborhood…

California: A Model for the Rest of the Country, Part 1

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California's path is unsustainable

The Democratic presidential candidate and former New York City mayor likes a lot of what he sees in the Golden State and thinks its efforts on climate change, gun control and criminal justice reform sets a benchmark for other states to emulate.

“I think that California can serve as a great example for the rest of this country,” Bloomberg told supporters at the opening of his Angeles headquarters in January 2020.

California is a place unlike any other. It boasts perhaps the greatest natural resources of any state along with shining high-tech industries. However, like many good economic stories, government policies threaten its future.
Indeed, its government has made California unsustainable.
Of course, it wasn’t always this way. 
As the 1960s came to a close in California, it had a population of nearly twenty million. In the decade before, its economic strength afforded the construction of a vast State Water Project and higher education system tha…

Wealth Now Equals Immorality: You're Bad if You're Rich

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First a few comments. Democrats want to go after the "greedy billionaire class." No matter there are only 621 billionaires in the United States (163 live in California). You could tax all their wealth at 100% and still not pay for all the "free" stuff promised by the Democratic Party. The desire to increase your own wealth isn't viewed as virtuous by certain politicians; but they have become millionaires serving in Congress. (Sanders and Warren come to mind).

Here's my quote of the day, from Ben Shapiro at Townhall:

...the problem for Democrats isn't Bloomberg's spending. The problem is that the Democratic Party now treats wealth itself as an indicator of immorality. This week, Sanders tweeted, "Together, we are going to end the greed of the billionaire class." Never mind that creating tens of billions of dollars in value via voluntary exchange, employing tens of thousands of people, and providing goods and services to millions is far less…

3 Basic Money Skills Everyone Needs to Know

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YouTube URL: https://youtu.be/Ry3_WSS9Ojs

Unemployment Down, Wages Up

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The census report ten days ago revealed workers’ earnings increasing at 3.4 percent annually, a rate not seen since the best of the Reagan years, and the poverty rate has declined to 11.8 percent, the best figure that has been recorded since the end of the Clinton administration and still resolutely proceeding in the right direction.

Unemployment is at its lowest percentage since the Lyndon Johnson administration more than 50 years ago (and the numbers then were helped by having 545,000 conscripts in Vietnam). Minority groups are the principal beneficiaries of the Trump economy; this isn’t trickle-down, it’s surge-up. Average income for female-led single-parent households jumped 7.6 percent last year, well ahead of gains in higher income groups.


The poverty rate among female-led households fell 2.7 percent for African Americans, and 4 percent for Hispanics. Industries largely populated by women (and, historically, exploited women), especially hospitality and, to a lesser extent, healt…