California, more examples of failed Democrat policies

From National Review June 2014:

"When Toyota stunned Torrance, California, by announcing that it is moving its North American headquarters to the Dallas [Texas] suburbs, [Democrat] Governor Jerry Brown retreated into denial: "We've got a few problems," he said.  "We have lots of little burdens and regulations and taxes, but smart people figure out how to make it."  The people at Toyota are, by most estimates, pretty smart, and they've figured out that the burdens in [democrat controlled] California are not small ones: They include the highest taxes in the country, a regulatory environment that chokes off enterprises large and small, and a state government that is, if all of its liabilities are properly accounted for, probably insolvent.  Toyota does not manufacture automobiles in California, which apparently is not much interested in businesses based on atoms rater than bits.  It does manufacture in Texas, Kentucky, Mississippi, and Alabama, and moving its headquarters closer to its operations makes sense.  Outside of Silicon Valley, California's economy remains in free fall - in March, the state had the nation's 4th highest unemployment rate.  One Torrance resident said that the Toyota move would "tear this place apart".  Honda moves its headquarters out of California in 2013, Nissan left in 2006.  California has enourmous advantages: talent, climate, ports, and more.  Its greatest gifts are natural; its economic disaster is entirely man-made [by democrat leadership]."

Quote of the day: Redevelopment Authorities (city planning)

"...RDAs [redevelopment authorities] operate in the most expensive way possible.  It is a fact that government, as an entity, is the least efficient way to do anything.  Witness the high-speed rail conflagration in California and the recent collapse of cities [bankruptcies] throughout the US.  For an RDA to use tax money to provide for development that should and could be privately accomplished with efficient and effective leadership simply inhibits growth.  Californians are now paying more than 65% of their income in [combined] taxes.  How can someone earning less than 7 figures survive on a disposable income that is 35% of gross?  The affordable housing crisis is a result.  Simply put, there is no private money left to invest.  It all goes into taxes, which are used to pay for unnecessary government programs, wages, and benefits.  The situation will get worse as the tax base declines when people decide they can no longer manage to live in California."                  - Joseph E. Herbert