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California's Gold Rush Has Been Reversed (Entrepreneurs are fleeing heavy taxes in the state)
Wall Street Journal ^ | January 10,2009 | DEVIN NUNES

Posted on 01/10/2009 8:42:51 AM PST by SeekAndFind

On Jan. 24, 1848, James Wilson Marshall found gold at Sutter's Mill, in Coloma, Calif., sparking a mad rush of some 300,000 people desiring to strike it rich. San Francisco grew from a tiny hamlet to a boomtown in no time, and in 1850 California entered the Union as the 31st state.

With this history at their back, state leaders might have understood that people have a propensity to get up and move when a better life is to be had elsewhere. But no. After more than 150 years of being a destination, California is becoming a place entrepreneurs, investment capital and the hardy workers who made it a global leader in agriculture, technological innovation and scientific research are fleeing. This exodus is the marker of something deeper than a national recession. It's a sign that the attempts by state leaders to spend their way back to prosperity are killing California.

While it has the sixth highest tax burden in the nation, according to the nonpartisan Tax Foundation, California is facing a breathtaking $40 billion budget deficit this year. This comes on the heels of a decade-long spending spree. Last year the state budget was $131 billion, up from $56 billion in 1998.

Citizens are burdened by all manner of state regulations. To mention just one example, this year a new law enacted by ballot initiative bans cages chicken farmers use on the grounds that it is inhuman to put birds in cages that prevent them from spreading their wings. Complying with the new law will cost farmers hundreds of millions of dollars, which will force many to leave the state. And that will force us to buy our eggs from other states and, possibly, others nations, such as Mexico.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; News/Current Events; US: California
KEYWORDS: bluestates; california; exodus; goldrush; taxes
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To: avacado

And we have too many liberal Yankees moving to Alabama!


21 posted on 01/10/2009 8:59:22 AM PST by proudofthesouth (In spite of what's going on in the world, God is still in control.)
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To: SeekAndFind

If the politicos in Washington were not such arrogant, condescending assholes, they could look at California as a projector of where the US is heading.

But, “they know best.” So we’re stuck.


22 posted on 01/10/2009 8:59:47 AM PST by upchuck (Get ready for 2009: Pray; Raise/conserve cash; Pay your debts; Pray; Stockpile; Buy ammo; Pray)
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To: SeekAndFind

Texas


23 posted on 01/10/2009 9:00:31 AM PST by SoftwareEngineer
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To: avacado
If you are a liberal Californian heading to Texas... DON'T. I'll whip your butt personally. We have enough of you Kalifornicators as it is...

I'll bet you hear this all the time from the Kalifornia transplants: "It's nice here, but it would be better if..."...? Or how about, "That's great, but we used to do it like..."...?

You're pissin' in the wind, avacado. We said the same thing here in Nevada years ago, to no avail....

24 posted on 01/10/2009 9:01:01 AM PST by randog (Tap into America!)
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To: SeekAndFind

......NOT LOOKING GOOD AT ALL.......

Looking good to me....

Like Gaza where Hamas must die before there is any possibility of change, Californis must become violently ill and puke up all the marxistenvirowackohippiequeeahhomeless bugs that cause the problem.

Until the days when good guys will insult their leftist neighbors on the street or classroom or church, nothing will happen


25 posted on 01/10/2009 9:05:25 AM PST by bert (K.E. N.P. +12 . The original point of America was not to be Europe)
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To: SeekAndFind

Isn’t Kalifornia a microcosm of what the US has become — taxes, labor unions and government interference in our daily lives?


26 posted on 01/10/2009 9:05:46 AM PST by 353FMG (The sky is not falling, yet.)
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To: SoftwareEngineer
I've two minds about my beautiful former home state:

On the one hand, I want to see the Left-wing leadership of the state drive California into the ground -- to illustrate the folly of "progressive" politics.

But on the other hand, that scenario could be economically catastrophic for the rest of the country, as what happens in California never stays in California.

It reminds me of the classic old joke:

What is the definition of mental conflict?

Watching your mother-in-law drive off a cliff -- in YOUR new car!

27 posted on 01/10/2009 9:06:53 AM PST by Flycatcher (Strong copy for a strong America)
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To: FlingWingFlyer
California is hopeless.

Exactly right.

There is not hope when liberals are in control and they insist that big government is the solution.

But, I would rather have those people running away from California to stay put. They helped to create the problem, and wherever they go, businesspeople or not, they will still vote for more liberals. There are many large businesses in California and Washington state that created many jobs, especially in the tech in IT industries. Yet, the leadership and employees in those companies are overwhelmingly liberals. They are part of the problem.
28 posted on 01/10/2009 9:08:11 AM PST by adorno
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To: SeekAndFind

California used to be the place you went to to get away from excessive laws and taxes. Massive migration has changed all that. It’s hard to find people in California that were born in California. I’m going to hang in there with hope that all the foreigners leave. (My family has been here since 1780)


29 posted on 01/10/2009 9:08:57 AM PST by californio (Coast Guard Vet/ 211 Dick)
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To: SeekAndFind

That’s ok.

We’ll just open more chicken farms here in Washington.


30 posted on 01/10/2009 9:09:58 AM PST by djf (< Tagline closed until further notice. Awaiting bailout >)
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To: SeekAndFind
I’M NOT SURE HOW THIS CAN BE REVERSED BECAUSE CALIFORNIANS CONTINUE TO VOTE IN THE SAME PEOPLE WHO CAUSED THIS PROBLEM IN THE FIRST PLACE. Taxes remain high, and lawmakers employ all the tricks in the book to produce “balanced” budgets from shifting expenses around to borrowing ever larger sums of money. NOT LOOKING GOOD AT ALL.

It can't be reversed because they are supplanting the Hard-Working Patriotic Americans with Illegals who don't share our culture, who feel no shame at taking free-bies from the government (re: Taxpayers) that they have no rights too, and who refuse to assimilate. They're loyalty is to the countries they have come from.

Sorry to say it, but their is no hope for California.


31 posted on 01/10/2009 9:10:13 AM PST by SoConPubbie (GOP: If you reward bad behavior all you get is more bad behavior.)
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To: californio

“. (My family has been here since 1780)”

You’ve got me beat....1850.


32 posted on 01/10/2009 9:13:33 AM PST by AuntB (The right to vote in America: Blacks 1870; Women 1920; Native Americans 1925)
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To: SoConPubbie

1/4 of the state of California are illegals who pay no tax and make the other 3/4’s of the legal citizens pay for their housing, healthcare, car crashes, prison, etc while they send the money out of our economy to another country.

California citizens did this to themselves by refusing to enforce immigration laws. Now, they are bankrupted by the colossal spending and unending taxes.

Once the remaining large employers flee the state, the house of cards will come crashing down.


33 posted on 01/10/2009 9:15:34 AM PST by WaterBoard (Somewhere a Village is Missing it's Socialist.)
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To: FlingWingFlyer

> California is hopeless.
So is New York !!!


34 posted on 01/10/2009 9:16:03 AM PST by BuffaloJack
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To: GreyMountainReagan
Californians come in and start turning this state into another California.

When I was a kid California was a friendly western state. During the late 60's to early 80's there was a flood of very liberal eastern types that turned California into the $%!thole it has become. Take it from an native ex-Californian. Remember the old black and white Lassie show? Yep, California was really that great one time. Of course, that California does not exist any more either. And many of the people now leaving are the ones, (or their children,) that came and created the mess in the first place.

35 posted on 01/10/2009 9:16:42 AM PST by D Rider
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To: SeekAndFind
But in the years that followed the in-migration slowed, and in 2005 it reversed, when a net 52,000 people moved out. In 2008, the outflow topped 135,000 people.

And these are net numbers. Think what they would be if all those illegals were not pouring in. Yikes!

36 posted on 01/10/2009 9:18:02 AM PST by Free State Four
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To: SeekAndFind

>>It’s impossible unless you create a visa for interstate migration. For better or worse, this is the UNITED States of America. People who cause problems in one state by voting in the wrong people will abandon the state’s problems for greener pastures.

There are already laws on the books limiting where child molesters can live. Perhaps a similar law should be passed limiting Democrats.


37 posted on 01/10/2009 9:18:24 AM PST by vikingd00d (chown -R us ./base)
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To: SeekAndFind
I’M NOT SURE HOW THIS CAN BE REVERSED BECAUSE CALIFORNIANS CONTINUE TO VOTE IN THE SAME PEOPLE WHO CAUSED THIS PROBLEM IN THE FIRST PLACE.

And then they move to states where taxes are lower and conditions are more favorable and bring their voting habits with them, thus changing the business landscape. And, yes, it is irritating.

38 posted on 01/10/2009 9:18:26 AM PST by Desdemona (Tolerance of grave evil is NOT a Christian virtue (I choose virtue. Values change too often).)
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To: Tarpon

“It’s as if the government believed it’s own fairy tale...”

They have to continue believing the fairy tale or they’ll have to admit that they are wrong, which will never happen.


39 posted on 01/10/2009 9:21:47 AM PST by 353FMG (The sky is not falling, yet.)
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To: SeekAndFind

The Mexicans are looting California from their perches in government in Sacramento.


40 posted on 01/10/2009 9:22:04 AM PST by ckilmer (Phi)
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