ECONOMIC FREEDOM: "California ranks 48th in the nation in economic freedom". Only Hawaii and New York are lower. SOURCE: FREEDOM IN THE 50 STATES.
INCOME EQUALITY: California ranks 47th in income equality. Only New York, Louisiana and Connecticut are lower. SOURCE: Wikipedia
COST OF LIVING: "California has the 3rd highest cost of living in the nation." Only Hawaii and New York have a higher cost of living. SOURCE: The Federal Reserve Bank of St. Louis.
53% OF CALIFORNIANS ARE CONSIDERING MOVING OUT OF STATE: "53 percent of Californians are considering moving out of state due to the high cost of living. Millennials are even more likely to flee the Golden State — 63 percent of them said they want to." SOURCE: SFGATE and Edelman Intelligence.
62% OF CALIFORNIANS BELIEVE OUR BEST DAYS ARE BEHIND US: Edelman intelligence
BUSINESSES ARE LEAVING: "More than 40 large corporations have left the Golden State in the last two years alone. The figure includes at least 10 public companies worth a combined $375 billion." SOURCE: THE WASHINGTON FREE BEACON & the CALIFORNIA POLICY CENTER.
COST OF HOUSING: California has the 2nd highest median home price in the nation. Only Hawaii is higher. SOURCES: World Population Review and Zillow
COST OF RENT: California's median rent for a 2 bedroom is the 4th highest in the nation and for a 3 bedroom is the 2nd highest in the nation! SOURCE: RentData.org. Here is a more detailed breakdown;
The median monthly rent for a 2 Bdrm. apartment nationally is $843.00.
The median rent in California is $1,526.00. That's a $683 difference. Only Hawaii, Massachusetts and New Jersey are higher.
The median monthly rent for a 3 Bdrm. apartment nationally is $1,138.00.
The median rent in California is $2,103.00. That's a $765.00 difference. Only Hawaii is higher.
This information is based on data from all 50 states plus the District of Columbia and the U.S. territories of American Samoa, Guam, Mariana Islands, Puerto Rico, and the U. S. Virgin Islands. It is subject to change. Check their website for the most current data.
COST OF HEALTH CARE & HEALTH INSURANCE: We have the 4th highest per capita expense for health care ($9,859 per person). SOURCE: World Population Review
Obamacare would not have passed without the support of the the health insurance and pharmaceutical (Big Pharma) industries. Obamacare Enriches Only The Health Insurance Giants and Their Shareholders by Forbes explains the impact that Obamacare's passage had on the health insurance industry. Big Pharma got what they wanted too. This Wall Street Journal's article spells out their secret deal with the Obama Administration.
Politicians were willing to give away the store to get Obamacare passed and the lobbyists knew it. Lobbyists Swarm Capital to Influence Health Reform. It was like sharks at a feeding frenzy. Lobbyists outnumbered members of Congress by 8 to 1.
WE'RE 37TH IN PRE-K TO 12TH GRADE EDUCATION: SOURCE. Insider Of greater concern should be our world wide rankings. The United States is 38th in math, 19th in science and 14th in reading according to Wikipedia.
CALIFORNIA HAS A $713 BILLION UNFUNDED PUBLIC EMPLOYEE PENSION LIABILITY: The actual number depends on the rate of return on the assets in the two funds. This 2017 article from the California Policy Center gives a thorough explanation. The State uses a return on investment (ROI) of 7% and estimated the unfunded liability at $258 billion. That's a rate they have not been able to achieve in recent history. The liability is $713 billion if the Citigroup Pension Liability Index (CPLI) is used. The unfunded liability is $1.02 trillion if the 3.73% rate from the Stanford Institute for Economic Policy Research (SIEPR) is used.
COST OF GAS: "We pay more than $1.00 a gallon above the national average for gas." SOURCE: AAA. Not only is the extra $1.00 per gallon not significant to the affluent, but the less affluent typically have longer commutes to work according to the California Legislative Analyst. There are 115,000 Bay area workers have a one way commute to work of at least 90 minutes according to the San Jose Mercury News.
POVERTY: "over 35% of Californians live in or near poverty" SOURCE: The the Public Policy Institute of California indicates that 35.2% of Californians were living in or near poverty in 2018 before COVID.
PATERNALISTIC POLITICIANS HAVE DOMINATED CALIFORNIA POLITICS FOR OVER 60 YEARS. Wikipedia shows Democrats have controlled both houses of our State Legislature for 56 of the last 62 years. They've controlled the Governorship, State Senate and Assembly in 32 of the last 62 years. Meanwhile, Republicans have controlled the Governorship, State Senate and Assembly in just 2 of the last 62 years. That was over forty years ago in 1969 and 1970 while Ronald Reagan was Governor.
TAXES: "The wealthiest Californians already pay the highest personal income taxes in the nation." SOURCE: The Tax Foundation
TAXES: California has the highest sales tax in the nation at 7.25%. SOURCE: Tax-Rates.org
TAXES: California corporations pay the 8th highest taxes in the nation: SOURCE: The Tax Foundation indicates that the highest earning Californians pay a top state rate of 13.3%
THE GREATEST INCOME, WEALTH GENDER AND RACIAL EQUALITY ARE IN COUNTRIES THAT EMBRACE LIBERTY: View the map or look at the chart and judge for yourself
INCOME EQUALITY BY COUNTRY: Wikipedia
GENDER EQUALITY BY COUNTRY: Wikipedia
RACISM BY COUNTRY: The World's Most and Least Racist Countries. SOURCE: The Root
STRUCTURAL RACISM DEFINED: Laws, rules, or official policies in a society that result in and support a continued unfair advantage to some people and unfair or harmful treatment of others based on race.
MEDIAIN INCOME OF VARIOUS ETHNIC GROUPS: SOURCE :Wikipedia
|Hawaiian & Pacific Islander||$64,865|
|American Indian & Alaska Native||$48,370|
A HIGH COST OF LIVING OPPRESSES THE POOR: See "Economic Freedom & Our High Cost of Living" above. Policies that raise the cost of living have minimal impact on the wealthy but are stifling to lower income families.
A HIGH COST OF LIVING IS STRUCTURALLY RACIST: Its negative impact is more severe on low income families - a group over represented by Blacks and Hispanics.
A HIGH COST OF LIVING IS A HEALTH ISSUE: Our high general cost of living means low income families have less money to spend on health care. That, combined with high health care and health insurances costs is why "The Gap Between Rich And Poor Americans' Health Is Widening." SOURCE: National Public Radio
A HIGH COST OF LIVING IS AN EDUCATION ISSUE: "...housing costs an average of 2.4 times as much ... near a high-scoring public school than near a low-scoring public school." SOURCE: The Brookings Institute
CALIFORNIA HOME PRICES AND RENTS ARE NEALRY THE HIGHEST IN THE NATION
RESTRICTIVE GOVERNMENT ZONING CODES, TORTUOUSE PLANNING PROCESS, HIGH FEES & OTHER REGULATIONS ARE THE PROBLEM
THE STATE PICKS WINNERS AND LOSERS WITH TARGETED RULES: Politicians recognized the problems the planning process presents. They could have streamlined the process for everyone. Instead, they passed SB35 in 2017. It set out a streamlined process that only applied "if at least certain percentages of the units are available at affordable housing costs to very low income, lower income, and moderate-income households for at least 30 years." That's one example of the targeted approach politicians use to pick winners and losers.
Labor unions were another of SB35's winners. They used their influence to insert a requirement that projects must meet prevailing wage requirements in order to qualify for the streamlined process. Those prevailing wage requirements require employers to open up their books to prove the prevailing wage requirements are being met.
LESS AFFLUENT CALIFORNIANS ARE FORCED TO MAKE TRADEOFFS: The California Legislative Analyst identified several tradeoffs the less affluent make. These include;
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