He, and Californians generally, are depending on the rest of us, forced by President Obama, to bail them out.
There is a nonsensical idea floating about that Californians deserve to be bailed out because they pay more in federal taxes than the federal government spends in or gives to California. This makes not sense. Federal spending is not based on insuring that each State receive in Federal expenditures how much money its citizens pay in Federal taxes.
If Californians, on retirement, leave their heavily taxed state and move to another, thus taking Federal Socialist Insecurity and Medicare funds with them, this does not mean that we need to bail out California!
I’m not willing to help pay for California’s overpriced orgy.I doubt if anyone else is either.
Excuse me, but California "bails out" the rest of the United States to the tune of $30 billion a year, to this day. The higher incomes here mean that people pay higher income taxes to the Feds. California's share of Federal expenditures is $0.78 on the dollar it sends to Washington.
But who would leave the Golden State? We have that super Bullet Train! (Oh...wait...maybe we don't have it quite yet.)
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