Saturday, January 16, 2010

Liberalism is What is Killing California.

Kevin Starr, author of an eight-volume -- so far -- history of the (formerly) Golden State, says California is "on the verge" of becoming something without an American precedent -- "a failed state." William Voegeli, writing in the Claremont Review of Books, tartly says that "Rome wasn't sacked in a day, and California didn't become Argentina overnight." Indeed.

It took years for liberalism's redistributive itch to create an income tax so steeply progressive that it prompts the flight from the state of wealth-creators: "Between 1990 and 2007," Voegeli writes, "some 3.4 million more Americans moved from California to one of the other 49 states than moved to California from another state."

And the state's income tax -- liberalism codified -- intensifies the effects of business cycles on the state's revenue stream: During booms, the stream surges and stimulates government spending; during contractions, revenues dwindle but the new government spending continues. Voegeli says that if California's spending had grown no faster than population growth and inflation from 1992 to 2006, it would have been $65 billion less in 2006, and per capita government outlays then would have equaled not those of Somalia or Mississippi but of Oregon, which is hardly "a hellish paradigm of Social Darwinism."

More.

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