Mikeoxenormous
Diamond Member
How Detroit went broke: The answers may surprise you — and don't blame Coleman Young
So the rich and middle class just got up and left for greener states. The reason why i posted this history of facts, is that California is doing the exact same thing, but on a larger scale. Only a matter of time when all of California will look like Robocop's Detroit.
MSN
Instead, amid a huge exodus of residents, plummeting tax revenues and skyrocketing home abandonment, Detroit’s leaders engaged in a billion-dollar borrowing binge, created new taxes and failed to cut expenses when they needed to. Simultaneously, they gifted workers and retirees with generous bonuses. And under pressure from unions and, sometimes, arbitrators, they failed to cut health care benefits — saddling the city with staggering costs that today threaten the safety and quality of life of people who live here.
So the rich and middle class just got up and left for greener states. The reason why i posted this history of facts, is that California is doing the exact same thing, but on a larger scale. Only a matter of time when all of California will look like Robocop's Detroit.
MSN
The left is so stupid that they never learn from their mistakes but always double down, thinking that taxing the wealth out of people will make the poor very happy. Unless WALLS are build to keep the rich from moving away, the rich will find...you got it....greener pastures....Wealthy Americans Are Over California And Exiting With Their Money
Recently, a lot of rich people have moved out of California. This change has brought the state's population below 39 million, a historical all-time low since 2015.