Those of us in the current events “business” spend a lot of time pointing to the disaster-in-waiting with the national debt. Maybe we should more clearly show how one state is running ahead of the curve, providing a cautionary tale for those at the national level. California, once rescued from financial embarrassment by Ronald Reagan when he was governor, has reverted to its old ways. Of course, that’s no surprise, seeing as how the voters in the state chose to place Jerry Brown back in the governor’s mansion. This is the same Jerry Brown who followed Reagan’s tenure and who undid all the positive progress.
The state is billions of dollars in debt, yet keeps on spending as if there’s no problem. When Gov. Brown called for higher taxes, opinion polls showed the voters approved of that remedy. The old maxim remains true: the government is merely a reflection of the people who vote it into power. They are getting what they deserve. Unfortunately, those who voted for real change and lost are suffering along with those who are trying to pretend there’s a bright tomorrow via the taxing and spending route.
The debt is growing and there’s no end in sight due to the foolish policies the politicians are pushing. If this sounds familiar, it should:
Individual cities are suffering as well from their bloated promises to their citizens. Some have taken steps to reverse the trend, but most remain blind to the sinking ship:
One city in particular, Stockton, has decided to declare bankruptcy. Has this ever happened before? I’m not sure, but it’s another indicator of the mess that’s been created:
All the governor’s horses and all the governor’s men . . .
The latest fantasy is that the state can afford to spend billions on a new rail system, while ignoring fiscal reality:
It’s sad to witness a once-thriving people fall into ruin, but it’s happened time and again throughout history:
As California goes, so goes the nation? No, it doesn’t have to be that way. It’s not inevitable. We the People still have the opportunity to make wise choices. We can start being wiser again this November.