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Reminds me of Spain. When public workers start to get more than private, bad things will start to happen. First: a bigger interest in intervention and keeping
by germandiago 4y ago
Reminds me of Spain. When public workers start to get more than private, bad things will start to happen.
First: a bigger interest in intervention and keeping the system to keep votes.
I know California has had a super strong economy but... if you go down this road it will be a matter of time. Even if it is decades.
The problem with this is that once it starts it makes for a vicious circle that gets bigger and bigger and the ones who pay the increasing bills (private economy) get eventually pissed and leave.
I heard many companies moving to Texas/Florida for having an increase in the tax that corporations pay.
- rsj_hn 4y agoCurious, did you live through that era in Spain? Do you have some stories to share?
- germandiago 4y agoDriving now but stay tuned.
- telotortium 4y agoI'm interested in hearing too.
- dcow 4y agoA democracy functions up until the people learn they can vote themselves rations from the larder, money from the treasury.