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California exodus turns to stampede
WorldNetDaily.com ^ | February 20, 2008

Posted on 02/21/2008 4:07:43 AM PST by Man50D

WASHINGTON – California, which once lured Americans from near and far, is now driving out millions of the most productive residents – including high percentages of the most affluent.

"When California faced a Mount Everest-sized $14 billion deficit in 2003, one of the major causes for the red ink was the stampede of millionaire households from the state," says a report called "Rich States, Poor States" by economists Arthur Laffer and Stephen Moore. "Out of the 25,000 or so seven-figure-income families, more than 5,000 left in the early 2000s, and the loss of their tax payments accounted for about half the budget hole."

And it's not just the rich leaving.

Based on data from moving companies, California had the second-highest domestic population out-flow of any state in 2005, according to the report, "despite the beautiful weather, beaches, and mountains."

The bad news for California is that it faces $14 billion deficit this year, despite boasting one of the highest tax burdens in the nation.

The report, published by the American Legislative Exchange Council shows jobs are not just leaving the country – they are moving from state to state, with the population following.

"States are in direct competition with each other for human capital and business investment. State governments that think they can attract jobs and people, and grow their economies, by taxing their citizens at a higher rate than their neighbors are sadly mistaken," said Democratic Arkansas state Sen. Steve Faris, ALEC's 2008 national chairman. "Legislators should take a close look at where their state ranks in this book and use it as a tool to help them improve."

(Excerpt) Read more at worldnetdaily.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: California
KEYWORDS: arthurlaffer; bluestates; calbudgetcaexodus; california; californication; democratparty; exodus; immigration; liberals; publicpolicy; stephenmoore; taxes; taxtherich
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To: arthurus

If you were educated in California public schools, you’d understand the use of circular logic.


381 posted on 03/01/2008 9:54:33 AM PST by Eva (Benedict Arnold was a war hero, too.)
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To: George from New England
"Oh - I forgot nobody is moving into Florida anymore. "

And another thread today discusses California's growing exodus. That is a phenomena I'm living with 'cause the lady wants to stay here no matter what I think.

What you are describing sounds like two former winners that misplayed their hands because they thought people would continue to pay the tab no matter how high they set it.

That's kind of what I suggested - Cal, and I guess Florida, has been legislating as though there'd always be new hings to tax, higher wages, and people eager to pay for the sunshine.

Don't work that way, I'm even willing to consider snow a couple of months a year.

382 posted on 03/01/2008 10:36:08 AM PST by norton (house for sale cheap)
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To: Leftism is Mentally Deranged

I see welfare recipients driving around in better cars than the workers in this state.


383 posted on 03/01/2008 1:12:13 PM PST by television is just wrong
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To: dragnet2
Stuff like this is all I need to keep me out of California:

http://www.freerepublic.com/focus/f-news/1978714/posts

Tell me again, how you're freer in California than I am in Virginia, where I can educate my 6yr old free from government meddling.

Oh, I forgot:

Crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,
crime,

384 posted on 03/01/2008 4:21:26 PM PST by P8riot (I carry a gun because I can't carry a cop.)
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To: P8riot
I am in Virginia

Oh, I forgot:

crime

Hey, check out the stats between a large city in Virginia compared to.... LA, California....

Richmond, Virginia and Los Angeles Comparative Crime Ratios per 100,000 People

Hmmm...

385 posted on 03/01/2008 7:42:49 PM PST by dragnet2
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To: dragnet2

Earlier on this thread, you admitted you don’t live in Los Angeles.

Do you at least know enough about Los Angeles to recognize in practice “Los Angeles” includes a bunch of rather high-crime cities surrounding LA proper, on almost every side?... none of which are included in those puff statistics you’ve posted about 100 times.

Perhaps you can include Long Beach. Riverside. Echo Park. East LA. Huntington Park. Riverside. Compton. Hollywood. You know ... Los Angeles.

Or are you getting paid by the post, by Mayor LaRaza? ;)


386 posted on 03/01/2008 7:50:46 PM PST by Cringing Negativism Network
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To: Cringing Negativism Network
I'm sorry the stats don't conform with your predisposed perception. Read it and weep.

Oh,and I know more about LA than you could possibly imagine.

387 posted on 03/01/2008 7:54:52 PM PST by dragnet2
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To: dragnet2

Perhaps Watts. Wilmington. South Central.

While you’re at it.

Thanks so much.


388 posted on 03/01/2008 7:55:56 PM PST by Cringing Negativism Network
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To: Cringing Negativism Network
What don't you get about the City of Los Angeles? You realize were talking about a limit line, city limit line like in other cities? You get this right.

When I provide stats that say, "Los Angeles" what do you think that means?

Why are you so angry about LA having less crime per capita than most all over major cities in other states?

389 posted on 03/01/2008 8:03:30 PM PST by dragnet2
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To: dragnet2

Hey, what’re you some kinda troll? You weren’t even subtle about taking my comments out of context.


390 posted on 03/01/2008 8:06:01 PM PST by P8riot (I carry a gun because I can't carry a cop.)
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To: dragnet2

Dude. I live here. I plan to move at some point, because it feels like the place is about to come apart.

I understand you’re advocating something. What that is, I don’t know, but you’re clearly posting spin.

Oh. Hawaiian Gardens, and La Puente too please. :) Get some representation from 18th Street...


391 posted on 03/01/2008 8:07:45 PM PST by Cringing Negativism Network
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To: dragnet2

Well, I’ve been shot at in LA, but never in Richmond.


392 posted on 03/01/2008 8:07:48 PM PST by P8riot (I carry a gun because I can't carry a cop.)
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To: Cringing Negativism Network
Dude. I live here.

So what, you clearly don't know what the City Of Los Angeles means, nor do you seem to know anything about stats.

393 posted on 03/01/2008 8:11:12 PM PST by dragnet2
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To: Cringing Negativism Network

Do you disagree with 385? Yes or no?


394 posted on 03/01/2008 8:11:57 PM PST by dragnet2
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To: dragnet2

So what’s your dog in this? You seem to have some vested interest, in painting a rosy picture.

Chamber of Commerce?...


395 posted on 03/01/2008 8:12:53 PM PST by Cringing Negativism Network
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To: P8riot

I don’t care where you’ve been shot at Freddy. You disagree with 385 too?


396 posted on 03/01/2008 8:12:54 PM PST by dragnet2
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To: Cringing Negativism Network

Try answering the above questions pal.


397 posted on 03/01/2008 8:13:37 PM PST by dragnet2
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To: Cringing Negativism Network
So what’s your dog in this?

Try the facts jackass. You seem to have a problem with facts.

398 posted on 03/01/2008 8:14:53 PM PST by dragnet2
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To: Arm_Bears

All the whackos in my family moved out there fifty years ago; please don’t tell me they are coming back!


399 posted on 03/01/2008 8:20:19 PM PST by mathurine
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To: mathurine

What state do you live in?


400 posted on 03/01/2008 8:21:15 PM PST by dragnet2
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