California is one of the outstanding examples of how a free system can collapse in a creeping process into a state economy and then into socialism. Danger is great that given the fact that the state has gone into deep debt to create pseudo-jobs, irreparable damage has been done to the next generation. Ultimately being the employer of last resort is more than just a weird turn in weird politics of the radical left.
pull down to refresh
72 sats \ 1 reply \ @denlillaapan 28 Nov
Careful with numbers like these; job growth can be negative, so "accounting for x% of" has no meaning. (The sum isn't 100 anymore).
I have a Mises piece on this from yeeeears back,
https://mises.org/power-market/how-not-use-percentages-news-story
reply
47 sats \ 0 replies \ @Undisciplined 28 Nov
It's just like calculating win shares, then.
reply
21 sats \ 1 reply \ @TNStacker 28 Nov
California reinvents itself about every 25-30 years. It will be fine.
reply
68 sats \ 0 replies \ @SimpleStacker 28 Nov
I hope so because I'm kinda stuck here in the short term
reply
58 sats \ 2 replies \ @gmd 28 Nov
Not just the number of jobs, but the bloated compensation... if you want your mind blown check out http://www.transparentcalifornia.com
Search for some common occupations like "public defender", "nurse", "police", "ultrasonographer", "teacher". The number of pages of people clearing >500k is insane... there has been zero fiscal oversight
reply
0 sats \ 1 reply \ @TomK OP 28 Nov
Oh good link, thank You. The left at work, eh??
Happy Thanksgiving
reply
11 sats \ 0 replies \ @gmd 28 Nov
😠yup! happy thanksgiving to you too!
Unfortunately the interface to that website sucks but I'm sure if there was an easier way to navigate the underlying database it would be easier to identify the bloat and more shocking to the public how much waste there is. People are complaining about mayors of major cities making 200k meanwhile random ultrasound techs are clearing 300-400k...
reply
47 sats \ 0 replies \ @7e6e393a56 28 Nov
What state policy guidelines were able to do to the State of California:
-- It alone accounts for 48% of the national homeless population in the United States, has an exorbitant number of fentanyl users and significant increases in robberies and homicides
reply
47 sats \ 2 replies \ @cryotosensei 28 Nov
I’m surprised that California doesn’t attract much foreign investments such that the new jobs are predominantly government generated.
I wonder if these new jobs are necessary or frivolous?
reply
47 sats \ 0 replies \ @SimpleStacker 28 Nov
The cost of doing business in California is just too high. Not only is it a regulatory hellscape, you have to pay workers a lot more because living costs are so high.
I don't meet as many people in California as I used to who say they're from other states. Few people want to come here anymore and the ones who stay are usually staying because of job or family
reply
0 sats \ 0 replies \ @Enemy_of_the_state 28 Nov
🤣🤣🤣
reply
0 sats \ 0 replies \ @DavidoftheDesert 28 Nov
reply
0 sats \ 0 replies \ @Butterfinger 28 Nov
Looks like a place with broken families.
reply
0 sats \ 0 replies \ @Satosora 28 Nov
FTS.
They are so government controlled that they wont know their way forward.
reply