CALIFORNIA: Job loss pulls down state's personal income level

Sacramento Bee ^ | 3/29/10 | Dale Kasler

[SmithL]

Californians lost their jobs at a faster pace than most Americans. Not too surprisingly, their incomes shrank at a faster pace, too.

Per capita personal incomes fell 3.5 percent in California last year, . . .

[SmithL]

Life in this Workers' Paradise.

[SeekAndFind]

U-HAUL, the trucking and moving company has done a study on interstate movement ( in and out of a state ).

Based their study the past 5 years, it seems that more people are moving OUT of California than moving in. The so-called Golden State has been bleeding population by the hundreds of thousands the past few years.

It will not be surprising to note that those leaving are the ones who are (hoe to put it ), more well-to-do trying to find a better life so that they can keep more of what they earn.

I will also guess that those staying on are those who are receiving the most generous welfare from Sacramento and of course the illegals who won’t leave because they have a better deal than what they can get back home.

With this in mind, and with the REAL unemployment rate in the state at close to 20%, it should not be surprising to see the average personal income level come down.

If this trend is not reversed, I will not be surprised to see many of California’s cities go the way of Detroit.

[chipper dave]

Government income leveling at work.

[Parley Baer]

“Based their study the past 5 years, it seems that more people are moving OUT of California than moving in”

This has been going on for years as Conservatives move out. However this does not take into account those who walk across the border from Mexico to replace those moving out of state.

[Mark]

I may have to let my man servant go. I'll have to fetch my peanut butter and grape jelly sandwiches myself.
P.S.: I, too, was in Vietnam.

[Red Badger]

People vote with their feet and their money.....................

[AEMILIUS PAULUS]

One glance at those now running the state and all is explained. (I understand that the legislature just appointed a fat gay Mexican as its head.)

[TheDon]

Kalifornia form of gov’t has not been able to produce a competent gov’t for quite some time. It is hard to imagine what it would take to fix it. Perhaps it can’t be fixed.

[Clemenza]

Using “ballot initiatives” whereby the citizenry votes for bennies and services, while also voting against taxes to pay for them does not make for efficient government.

[Clemenza]

Are the wealthy Dems fleeing the Bay Area and West LA? If that is the case, then the state really is toast.

[woodro43]

It will get worse. The state is ruled by the envirowaco Air Resources Board that will prevent new business growth & continue to drive out existing business across state lines.
California will never recover even if the rest of the country does.

[TheDon]

The “ballot initiatives” are hardly to blame for Kalifornia’s financial problems. The problem is voters who keep voting in corrupt Democrats into the legislature. Deficit spending is the order of the day with that crew. And they have created a horrible business climate which further reduces the tax base as companies leave the state for healthier business climates.

[Grampa Dave]

But we are so green!

[AEMILIUS PAULUS]

It could be fixed but for the fact that people probably could not stand the remedies.

[Sprite518]

Should be titled Too many taxes = Job loss = Personal Income Down

[Sprite518]

Should be titled Too many taxes = Job loss = Personal Income Down

[Myrddin]

I left San Diego, CA for Pocatello, ID in Dec 2000. The young lady at the U-Haul desk in Pocatello had previously worked at U-Haul on Camino Ruiz (between MCAS Miramar and Mira Mesa where I lived for 18 years). Pretty damn funny. My wife headed to an Asian spice shop in south Pocatello...run by a former resident of Chula Vista, CA where my wife and I grew up. We went to the dentist office and surprise! The receptionist at our new Pocatello dentist was previously the receptionist at our dental office in San Diego. Small world. Lots of folks moving.

[trapped_in_LA]

“The “ballot initiatives” are hardly to blame for Kalifornia’s financial problems.”

I would disagree with this, ballot initiatives are part of the problem. Every election we have tons of bond measures that are on the ballot that get passed, people view this as free money so why not fork over 40 billion for a high speed train between LA and SF? or 3 billion for stem cell research? Funny thing is the idiots may be right about it being “free money” because California is on the path towards defaulting on these bonds. It’ll work once but good luck selling bonds after that!

[Myrddin]

The initiatives i.e. Prop 13 were designed to put limits on the ability of the politicians to tax homeowners right out of their homes with endless increases in property taxes. It seems nothing will put the brakes on the spending. The RATS figure out a way around it every time.

The demographics were clear to me by 1999. I wasn't going to be able to retire in my home in San Diego. I sold it after 18 years and purchased a much nicer one in Idaho. The liberal voters and illegal alien voters far outnumber the conservative voters in CA. You'll never have another fair election. I felt no obligation to continue paying punitive levels of taxation and putting up with shitty liberal government. I voted with my feet.

[SeekAndFind]

Pretty damn funny. My wife headed to an Asian spice shop in south Pocatello...run by a former resident of Chula Vista, CA where my wife and I grew up. We went to the dentist office and surprise! The receptionist at our new Pocatello dentist was previously the receptionist at our dental office in San Diego. Small world. Lots of folks moving.

Well, I am not surprised to see conservative folks like you voting with their feet. Too bad really, weather-wise there isn't a state in this great country that can compare with California ( much less sunny San Diego ).

Here's one potential problem as I see it --- conservatives are not the only ones moving out. We have liberals who vote the wrong way who move out as well but remain clueless as to why their once great state has become the basket case it is. The danger will be when we have a lot of them moving to places like yours. They bring their clueless politics with them and eventually turn your new home into another liberal enclave.

Folks like you should not let it happen again.