California's state motto is "Eureka." Which means "I found it."What has California found?
A path towards economic catastrophe.
Why? This formerly great state has cultivated an entitlement culture and penchant for entitlement programs that simply boggles the mind. State employee unions demand and receive no pressure jobs, lavish benefits, and cushy early retirement packages. The definition of an "indigent" has been expanded to the point that it is almost an enticement to be unproductive and self-sufficient.
Still, California lawmakers seem unable or unwilling to make the connection between these unsustainable policies and astronomical budget problems. Instead they simply flounder and flop. It would be more amusing for those of us who do not live in California to observe this train wreck if we didn't have to simultaneously watch the European Union trying to figure out what to do with its own version of California (Greece). For the E.U. Greece is just a bit further down the entitlement-driven fiscal insanity road than the the state of "I found it." Read more:
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