California’s economic demise a preview of what progressives are planning for the rest of us
LOS ANGELES – It’s been said that one can see what the United States will be like 20 years from now by studying what’s going on in California today.
That’s because the Golden State is considered by many to be the nation’s cultural and political trendsetter.
If that’s the case, then the U.S. is in for some very tough times.
Joel Kotkin, a professor at California’s Chapman University, has studied the Golden State’s current economic conditions and reports that various industries are disinvesting in the state due to excessive taxes and smothering environmental regulations.
The most recent example is “Toyota’s decision to pull its U.S. headquarters out of the Los Angeles region in favor of greater Dallas,” writes Kotkin in a May 2 column.
Toyota’s departure was preceded over the years by numerous fossil-fuel energy companies that shifted operations out of California, due to anti-business and pro-green policies.
Economic conditions are so prohibitive that even the left-wingers in Hollywood are trying to save money by filming in more business-friendly states.
“Since 2010, California has managed to miss out on a considerable industrial boom that has boosted economies from the Rust Belt states to the Great Plains and the Southeast. Los Angeles and Orange counties, the epicenter of the state’s industrial economy, have actually lost jobs. Since 2000, one-third of the state’s industrial employment base – 600,000 jobs – has disappeared, a rate of loss 13 percent worse than the rest of the country.”
Kotkin expects the “deindustrialization” of California to continue, given the state’s political climate.
Logic would suggest that lawmakers in Washington D.C. and the state capitals would notice California’s sputtering economy and adopt policies that are 180 degrees different.
But conservative columnist and talk show host Dennis Prager says that will never happen, as California is the embodiment of the progressives’ vision for the rest of the nation.
Prager writes in a recent column:
“The left and the political party it controls do not care if their policies force companies to leave the state (or the country). They don’t care about the coming high inflation caused by Quantitative Easing (printing money) … or the job-depressing effects of high taxes, or energy prices that hurt the middle class, or compelling businesses to leave.
“They don’t care because the left is not interested in prosperity; the left is interested in inequality and in the environment. Furthermore, the worse the economic situation, the more voters are likely to vote Democrat. The worse the economic situation, the greater the number of people receiving government assistance; the greater the number of people receiving government assistance, the greater the number of people who will vote Democrat.
“Therefore, both philosophically and politically, the left has no reason to be troubled by bad economic news. And it isn’t. It is troubled by inequality and carbon emissions.”
Prager adds, “And until conservatives, independents and the Republican Party understand this, it will not be possible to defeat the left.”
Authored by Ben Velderman