Thursday, September 09, 2010

Public Sector Swamps Private Sector in California

A nice graph summariziing California's economic woes. I wonder how long it will be before the state decides that it will only pay pensions to those who file income tax returns in the state -- since that may be the only way to keep a few taxpayers in the state? (I'm guessing California's fiercely anti-business climate and anti-man environmental regulations will have long driven out any remaining productive businesses and individuals.)

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