California and Greece and Easy Comparison

California is broke. California is broke as a result of too much spending and too little revenue to pay for it. In 1996 Californians voted 2 to 1 NOT to pay for health care and education for illegal immigrants. The 9th Circuit found this to be unconstitutional and so for the past 14 years California has paid by some conservative estimates 4 billion dollars a year for these services which amounts to a 50 billion dollar problem that is the difference now between solvency and a bankrupt California. (See data below) Maybe if Meg Whitman gets elected she will have better luck than the present Governor. Regardless in a very liberal entitlement oriented state Whitman will have a tough time changing the culture. That is precisely what is happening in Greece and will down the line happen in the U.S. You simply can not continue spending without some negative ramifications. The spending from the Obama administration is insane (Einstein's definition - doing the same thing over and over again and expecting different results).

The European socialist system is failing in Greece, Italy, Spain, Ireland, France, and the United Kingdom. Why then must we hold these countries up as a model of where we want to go? Any economist that supports this sort of fiscal irresponsibility is an idealog with a political agenda that is not in the best interest of the U.S.

If you read this blog, I don't ask you to believe me. I simply ask that you study and listen and base your opinions on facts and not the talking heads in the media bombarding you with information that is many cases provably false.

Supporting data
1. Analysis of the latest Census data indicates that California's illegal immigrant population is costing the state's taxpayers more than $10.5 billion per year for education, medical care and incarceration. Even if the estimated tax contributions of illegal immigrant workers are subtracted, net outlays still amount to nearly $9 billion per year. The annual fiscal burden from those three areas of state expenditures amounts to about $1,183 per household headed by a native-born resident. (http://www.fairus.org/site/PageServer?pagename=iic_immigrationissuecentersffec)