Damn if this doesn’t just about sum things up. Politicians in this state always talk about never having enough revenues, as in taxes, yet we year over year manage to grow a budget that includes record revenues. Nobody, certainly not voters, ever asks “hey what the hell are you spending all that money on?”.
We have a record level of population yet pretty low unemployment, which would suggest that with all those people that there is indeed economic activity that includes income taxes, payroll taxes, property taxes, sales taxes, fees that are just another word for taxes, gas taxes, utility taxes, school taxes, park taxes, “special” taxes, bridge tolls (taxes), and so much more that it would be difficult to actually quantify it. For every new tax that is introduced or existing one raised there is spending that goes up as well and then the state borrow billions from Wall St. to cover the gap because no one in Sacramento ever suggests doing anything with taxes other than spending them.
At some point we Californians should ask ourselves, how we inherited a state with near perfect weather, the world’s richest agriculture, plentiful timber, minerals, and oil, two great ports at Los Angeles and Oakland, a natural tourist industry from Carmel to Yosemite, industries such as Silicon Valley, Hollywood, and aerospace—and serially managed to turn all of that into the nation’s largest penal system, periodic near bankruptcy, and sky-high taxes.