California already approached the Federal government asking for a bail out during Obama's first term. Mark my words these states are going to claim they are too big to fail and try to force a government bail out.
But, but, but, "Ca. has the 6th largest economy in the world." This is what I get from the liberals on this board when I give Ca. a reality check.
Well that's phony math actually. Because everything from gas to housing to dental work is 2.0 to 4 times more expensive than other states. California is an ISOLATED INFLATED economy. So beware the claims and the numbers. It's the nearly $1Mill in Cali dollars that I heisted from selling my not so fabulous tract home there when I left. Spends much better elsewhere.
So -- it terms of adjusted value dollars to the REST of the states -- it's not so fabulous. They get away with it because LARGE sectors of their economy are self-contained and do not buy/sell from a supply chain outside the state. Like Silicon Valley. Completely economically isolated in terms of production. Or Hollywood. Pretty much the same. It can only HAVE an agriculture sector with a constant influx of cheap labor. And the land is becoming too valuable for agriculture.
Isn't that kind of where the whole U.S.A is heading though?
I mean, our cost of living is too high, therefor nations like China, Mexico, Vietnam, India, etc. tend to siphon out our jobs, and thus wealth, and tax-base.
Actually, the only clear solution is to throw the suckers who don't believe in paying Americans behind bars.
I certainly don't want to settle for less as a country, how is that patriotism?