Not one nickel for California

There isn't a single compelling reason to provide the girly-man of American gubernatorial fiscal responsibility, Arnold Schwarzenegger, with a nickel from our federal coffers. His failing California remains the poster-child for liberal fiscal insanity and it's time for the free-range chickens to come home to roost.

Investor's Business Daily reports that:

 

"Gov. Arnold Schwarzenegger has an idea: He wants President Obama to give him $8 billion - or else, he says, he'll kill or slash most of the state's welfare programs, cut pay for 200,000 state workers and end two tax breaks for big corporations."

 

It's clearly time to start killing and slashing. For decades California has enabled its spendthrift legislators, feather-bedding public-sector employee unions and welfare recipients (comprised of both native-born and illegal immigrants) to the tune of a $21 billion annual deficit with no sign of sufficient tax revenue in sight. Meanwhile the confiscatory tax policies and unfriendly business environment of the Granola State continue to hemorrhage both businesses and jobs to more enlightened states.

According to the IBD, California is home to more than 1/3 of the nation's welfare recipients. Their abysmally underperforming schools are home to the 2nd highest paid teachers in America. Despite their utter ineptitude, the state legislators are:

 

"the country's highest-paid state legislators, pulling down nearly $100,000, with $30,000 in tax-free money for their "expenses" and a state-provided car for their use."

 

In addition, California is rated 48th out of the 50 states in terms of tax-competitiveness with over $493 billion worth of new tax regulations for businesses since the year 2000. Where is the light at the end of this tunnel?

Why should taxpayers from states like my home state of Indiana chip in to support Californians in the manner to which they have become accustomed? Governor Mitch Daniels has striven to create a climate of encouragement for both new and established businesses here while consistently exercising fiscal restraint. Why should we contribute to ensure expensive gold-plated retirement packages for the "the public employee unions that have systematically looted the public" coffers of California and now come looking for more sensible Americans to fund their fiscal insanity

Let ‘em hit the wall and file bankruptcy. It's time for the insolvent public sector in California to start turning away welfare recipients, closing government offices, and defaulting on public employee union benefits including pensions until they can be renegotiated in the light of fiscal responsibility to all Californians, not just the special pleaders.

 


Ralph Alter blogs at Right on Target www.rightot.blogspot.com


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