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Jeremy Bray
Jeremy Bray
1 year ago

A bit of a cliche I know but isn’t it a case of “ Go woke go broke”?

Matt M
Matt M
1 year ago
Reply to  Jeremy Bray

It’s a cliché because it’s true.

Andrew Martin
Andrew Martin
1 year ago
Reply to  Jeremy Bray

Yes a saying that I use a lot on MSN… heavens they still allow me to say it on their super censured forum.

Matt M
Matt M
1 year ago
Reply to  Jeremy Bray

It’s a cliché because it’s true.

Andrew Martin
Andrew Martin
1 year ago
Reply to  Jeremy Bray

Yes a saying that I use a lot on MSN… heavens they still allow me to say it on their super censured forum.

Jeremy Bray
Jeremy Bray
1 year ago

A bit of a cliche I know but isn’t it a case of “ Go woke go broke”?

Emmanuel MARTIN
Emmanuel MARTIN
1 year ago

To achieve social peace despite extreme wealth inequlities, as in Seoudi Arabia, California created a theocracy with a large clercial class. A woke theocracy instead of a wahabi theocracy, but a theocracy nonetheless.This worked for enforcing the social contract, providing a common and officailly enofrced narrative.
The wahabi clerics are intelligent enough to not sabotage the oil industry, and assume their role of preserving social peace even if using authoritarian methods
The woke clercis sabotages the univesities, tech, industrial hubs, media and quality of life that made California wealth.They do this through fatwas (aka regulations) and taxes (an almost unknown word in Seoudi Arabia)
No sympathy for the woke clergy

Last edited 1 year ago by Emmanuel MARTIN
Warren Trees
Warren Trees
1 year ago

Well stated. It also helps to have a fully compliant national media, which never reports on the negative and lies about what’s behind the curtain. This results in very conservative minded people voting for the complete opposite out of fear of being “wrong” about the approved narrative.

Richard Craven
Richard Craven
1 year ago

Excellent comparison, curious spelling notwithstanding.

Warren Trees
Warren Trees
1 year ago

Well stated. It also helps to have a fully compliant national media, which never reports on the negative and lies about what’s behind the curtain. This results in very conservative minded people voting for the complete opposite out of fear of being “wrong” about the approved narrative.

Richard Craven
Richard Craven
1 year ago

Excellent comparison, curious spelling notwithstanding.

Emmanuel MARTIN
Emmanuel MARTIN
1 year ago

To achieve social peace despite extreme wealth inequlities, as in Seoudi Arabia, California created a theocracy with a large clercial class. A woke theocracy instead of a wahabi theocracy, but a theocracy nonetheless.This worked for enforcing the social contract, providing a common and officailly enofrced narrative.
The wahabi clerics are intelligent enough to not sabotage the oil industry, and assume their role of preserving social peace even if using authoritarian methods
The woke clercis sabotages the univesities, tech, industrial hubs, media and quality of life that made California wealth.They do this through fatwas (aka regulations) and taxes (an almost unknown word in Seoudi Arabia)
No sympathy for the woke clergy

Last edited 1 year ago by Emmanuel MARTIN
AC Harper
AC Harper
1 year ago

Build it and they will come, tax it and they will go.

AC Harper
AC Harper
1 year ago

Build it and they will come, tax it and they will go.

Clara B
Clara B
1 year ago

‘These are the top 1% of earners, who pay roughly half of the state’s income taxes
This is just not sustainable. States cannot be dependent on such a tiny percentage of the population like this. We have a similar situation in the UK where only about half of working age people pay income tax.

Linda Hutchinson
Linda Hutchinson
1 year ago
Reply to  Clara B

No representation without taxation.

Warren Trees
Warren Trees
1 year ago
Reply to  Clara B

“It’s time that the rich pay their fair share!” shout the placard waving, red faced, ignorant masses, along with every democrat who ever runs for an office. But no one ever says what fair share means.

E. L. Herndon
E. L. Herndon
1 year ago
Reply to  Warren Trees

Indeed, California’s vanishing middle class is being taxed out of existence. The sanctuary state’s huge undocumented population battens on social welfare and pays almost no tax at all. Utterly unsustainable.

D Walsh
D Walsh
1 year ago
Reply to  E. L. Herndon

More and more people are saying, you can go to hell and I will go to Texas

The big problem of course is, the clowns who leave California then start to turn their new homes into California

And tidal waves couldn’t save the world from Californication

D Walsh
D Walsh
1 year ago
Reply to  E. L. Herndon

More and more people are saying, you can go to hell and I will go to Texas

The big problem of course is, the clowns who leave California then start to turn their new homes into California

And tidal waves couldn’t save the world from Californication

E. L. Herndon
E. L. Herndon
1 year ago
Reply to  Warren Trees

Indeed, California’s vanishing middle class is being taxed out of existence. The sanctuary state’s huge undocumented population battens on social welfare and pays almost no tax at all. Utterly unsustainable.

Linda Hutchinson
Linda Hutchinson
1 year ago
Reply to  Clara B

No representation without taxation.

Warren Trees
Warren Trees
1 year ago
Reply to  Clara B

“It’s time that the rich pay their fair share!” shout the placard waving, red faced, ignorant masses, along with every democrat who ever runs for an office. But no one ever says what fair share means.

Clara B
Clara B
1 year ago

‘These are the top 1% of earners, who pay roughly half of the state’s income taxes
This is just not sustainable. States cannot be dependent on such a tiny percentage of the population like this. We have a similar situation in the UK where only about half of working age people pay income tax.

J Bryant
J Bryant
1 year ago

Economic collapse of California is one of the few things that can really turn the tide against progressivism, imo. For the reasons summarized in the article, that collapse will probably only occur if tech abandons the state en masse. Because of its deep roots there, I’m not yet convinced that big tech will abandon the state.
California’s government has worsened year after year for at least the past twenty years. Each year people say the situation is unsustainable, but year after year things get worse and California somehow keeps rolling along. I don’t know why most people still live there, to be honest. I used to live there for a while but wouldn’t go back.
I suspect we’re witnessing the gradual collapse of the Golden State. There won’t be a final big bang, just a weary slump into something that looks uncomfortably like the poorer parts of Mexico. So far there’s barely a hint that Californians are willing to restore their formerly glorious state.

Hardee Hodges
Hardee Hodges
1 year ago
Reply to  J Bryant

“big tech will abandon the state” – many of the employees were working remote. A high salary can’t keep up with ever higher rents. The layoffs might be on those who were remote by choice. Those remaining are crushed by increasing taxes.

Betsy Arehart
Betsy Arehart
1 year ago
Reply to  J Bryant

They stay because of the climate.

Hardee Hodges
Hardee Hodges
1 year ago
Reply to  J Bryant

“big tech will abandon the state” – many of the employees were working remote. A high salary can’t keep up with ever higher rents. The layoffs might be on those who were remote by choice. Those remaining are crushed by increasing taxes.

Betsy Arehart
Betsy Arehart
1 year ago
Reply to  J Bryant

They stay because of the climate.

J Bryant
J Bryant
1 year ago

Economic collapse of California is one of the few things that can really turn the tide against progressivism, imo. For the reasons summarized in the article, that collapse will probably only occur if tech abandons the state en masse. Because of its deep roots there, I’m not yet convinced that big tech will abandon the state.
California’s government has worsened year after year for at least the past twenty years. Each year people say the situation is unsustainable, but year after year things get worse and California somehow keeps rolling along. I don’t know why most people still live there, to be honest. I used to live there for a while but wouldn’t go back.
I suspect we’re witnessing the gradual collapse of the Golden State. There won’t be a final big bang, just a weary slump into something that looks uncomfortably like the poorer parts of Mexico. So far there’s barely a hint that Californians are willing to restore their formerly glorious state.

Daniel Lee
Daniel Lee
1 year ago

California is fast becoming America’s own failed state.

Daniel Lee
Daniel Lee
1 year ago

California is fast becoming America’s own failed state.

D Walsh
D Walsh
1 year ago

California, the land of fruits and nuts

D Walsh
D Walsh
1 year ago

California, the land of fruits and nuts

Jay Chase
Jay Chase
1 year ago

The impact of the state’s labor regulations on businesses cannot be understated. They are truly insane, each year there are probably over a dozen new ones passed, and one of the latest is pure woketrash madness.
SB 1162 requires employers to submit burdensome reports to the state with the race and gender of each employee or contractor identified, and their job classified according to 10 different categories with the “stated purpose is to allow the government to identify wage patterns reflecting unjustified pay inequality among the different ethnicities and genders, which in turn enables the goverto enforce equal pay and anti-discrimination laws more effectively in California. This is expected to result in more investigations and prosecutions against employers whose demographic pay data shows pay inequality.”
So if you have a company with a lot of diversity hires (which most CA firms do) with sub-par performance whom understandably don’t earn as much, the state may launch an civil rights investigation against your company in the name of “equity”.
It gets worse every year, and the religious fervor with which the state attacks businesses with burdensome new regulations and ever-shifting rules in the name of their woketrash ideology makes you want to give up and leave.
In this words of the state’s first partner…
“To achieve a California for ALL WOMEN, we must dismantle the patriarchal systems that have barred women from access to equal pay, secure housing, fair prices on goods, and support services and privacy after a sexual assault,” said First Partner Jennifer Siebel Newsom. 

Last edited 1 year ago by Jay Chase
Jay Chase
Jay Chase
1 year ago

The impact of the state’s labor regulations on businesses cannot be understated. They are truly insane, each year there are probably over a dozen new ones passed, and one of the latest is pure woketrash madness.
SB 1162 requires employers to submit burdensome reports to the state with the race and gender of each employee or contractor identified, and their job classified according to 10 different categories with the “stated purpose is to allow the government to identify wage patterns reflecting unjustified pay inequality among the different ethnicities and genders, which in turn enables the goverto enforce equal pay and anti-discrimination laws more effectively in California. This is expected to result in more investigations and prosecutions against employers whose demographic pay data shows pay inequality.”
So if you have a company with a lot of diversity hires (which most CA firms do) with sub-par performance whom understandably don’t earn as much, the state may launch an civil rights investigation against your company in the name of “equity”.
It gets worse every year, and the religious fervor with which the state attacks businesses with burdensome new regulations and ever-shifting rules in the name of their woketrash ideology makes you want to give up and leave.
In this words of the state’s first partner…
“To achieve a California for ALL WOMEN, we must dismantle the patriarchal systems that have barred women from access to equal pay, secure housing, fair prices on goods, and support services and privacy after a sexual assault,” said First Partner Jennifer Siebel Newsom. 

Last edited 1 year ago by Jay Chase
James Stangl
James Stangl
1 year ago

Mr. Kotkin forgets to mention that a lot of CA’s problems, from wokeism to off-the-wall climate panic legislation to tax-and-spend fiscal policy can be laid at the feet of the single-party death grip that the Democrats have on state government. But then again, I suspect he votes reliably Democrat…

D Walsh
D Walsh
1 year ago
Reply to  James Stangl

And donates to them too, they all do

D Walsh
D Walsh
1 year ago
Reply to  James Stangl

And donates to them too, they all do

James Stangl
James Stangl
1 year ago

Mr. Kotkin forgets to mention that a lot of CA’s problems, from wokeism to off-the-wall climate panic legislation to tax-and-spend fiscal policy can be laid at the feet of the single-party death grip that the Democrats have on state government. But then again, I suspect he votes reliably Democrat…

G R
G R
1 year ago

How does CA utterly depend on high property prices? To me, this is one of its biggest issues and it is going after those prices more aggressively now. You even mention high property prices are a headwind later in the article.

Prop 13 froze tax rates. I’m confused. Can someone highlight how CA “utterly depends” on high property prices or was this an author error?

Ron Vinsant
Ron Vinsant
1 year ago
Reply to  G R

Most people in the US move every 5 years. Each time the property is sold the gain on the sale is taxed. Prop 13 is only good if you stay in one place.

JP Martin
JP Martin
1 year ago
Reply to  Ron Vinsant

When I lived in the US, there was a capital gains exemption on your primary residence (up to USD$500.000 for married couples and USD$250.000 for singles).

E. L. Herndon
E. L. Herndon
1 year ago
Reply to  Ron Vinsant

Prop 13 protects seniors, and enables them to continue living in the homes they fairly earned and paid for. California’s brutal and generic new “housing element” requirement will put pressure on towns and suburbs to condemn and eminent domain out of existence such relics of family life. California has come to embody the old Missionary Hymn: “Where every prospect pleases, and only Man is vile.”

Warren Trees
Warren Trees
1 year ago
Reply to  G R

From this site: https://wise-answer.com/how-does-prop-13-affect-property-taxes/
“You can no longer transfer your Prop 13 basis to your children, except under limited situations, see below. This is potentially the largest property tax increase in California history… but it will only impact the next generations; this is a new death tax and inheritance tax on real property owners’ heirs.”

Chris Milburn
Chris Milburn
1 year ago
Reply to  G R

Tax RATES and assessed VALUES are two different things, which must be separated to understand this. You can freeze tax rates, but if the state keeps assessing your property as being worth more every year, you pay more tax every year.

Richard Barrett
Richard Barrett
1 year ago

What does Kotkin mean by “onerous labour regulations”? If he means workers’ rights, then it is no fault of California that other states have undercut them with poor or inadequate labour regulations. It means the other states need stronger unions and better legislation.

Richard Barrett
Richard Barrett
1 year ago

What does Kotkin mean by “onerous labour regulations”? If he means workers’ rights, then it is no fault of California that other states have undercut them with poor or inadequate labour regulations. It means the other states need stronger unions and better legislation.