Some guests just won’t leave on their own. Like the movie “Weekend at Bernie’s,” California has been dragging the rank corpse of socialism around for the past couple of decades and, needless to say, it’s starting to stink up the joint.
Bernie Drops by …
About 20 years ago, Sanders-style socialism stopped in for a return visit to California and never left. You could say that it has “fundamentally transformed” the state into something almost unrecognizable. You could also say that socialism has treated the state the way a frat party treats a beach rental.Indeed, the consequences of the Bernie-style socialist policies from Sacramento are as tragic as they are unnecessary. With its high-tech economy in Silicon Valley and throughout the state, as well as the entertainment industry, world-class wineries, defense corporations, and more, California is the richest state in the nation.
And yet, it also has the highest personal income tax rate in the country and sadly, the highest poverty rate. Not Alabama, nor Mississippi, nor Arkansas, nor any other flyover state that the left loves to berate is the national poverty leader, but California.
Walking Out of the Golden State
The answer is predictable and frustrating.Of course, that’s not all that socialist California can boast about. The richest state in the country also has people leaving it in record numbers.
But, unlike the Great Depression, when the poor Dustbowl Okies and Texans came to California to find a better life, it’s not a flood of jobless poor people who are leaving California. No, the people leaving today have jobs and own businesses in the greatest boom economy of the past 50 years.
It’s no secret that Sacramento’s socialist policies are literally making the state unlivable for the middle class. As California Rep. Doug LaMalfa, a Republican, noted recently, middle-class Californians don’t feel the benefits of the state’s growing economy.
Homeless and Housing Crises
And yet, even with its decreasing population, California has the most acute housing shortage problem in the country. Could that be due to the soaring costs of obtaining building approvals and the high regulatory, anti-business climate? According to Heritage Foundation senior policy analyst Adam Michel, that’s exactly the case. California laws actually prevent housing from being built.Meanwhile, the only other thing booming in California other than employment, the exodus, and real estate prices, is homelessness. Why is it that more people are living—and dying—on the streets in our high-performing economy in 2020 than were during the Great Recession of 2008–09? In fact, more than 25 percent of all homeless in the country live in that socialist paradise of ... California.
Living the Dream ...
Like the aforementioned frat party at the beach rental, California is living the dream of Bernie’s big socialism, and it ain’t pretty. Like Sanders, Sacramento has no answers, except to do more of the same—take more tax money from fewer taxpayers and raise the costs of doing business and add more people to the welfare rolls.As long as Sanders-style socialism runs the California show, the show will be run into the ground. As California’s decline into socialism progresses, it takes zero responsibility for its failures, even as it seeks to take everything you work hard to achieve.
Economic Growth Is a Choice
As the Trump administration continues to demonstrate, economic growth is no accident. It’s a choice. But so, too, is economic stagnation and social decay, as California finds itself face down in the ditch of socialist policies.There’s a lesson to be learned from this dismal truth, and it has everything to do with the choice we have in the upcoming election. And it really doesn’t matter if it’s Sanders, Joe Biden, or even Michael Bloomberg who gets the Democratic nomination—all of them will seek to apply California’s socialist economic policies upon the rest of the nation.
One long weekend with Bernie is enough.