The Façade Of California’s Economy Is About To Crumble, by Tyler Durden

Let’s see, you drive off hard-working, taxpaying citizens and welcome the homeless and illegal immigrants. How long can you do this before your economy collapses? I left California ten years ago and it was starting to fall apart even then. Now, it’s got one foot in the grave. From Tyler Durden at zerohedge.com:

Statistical data and economic projections can be incredibly misleading without taking context into account.   This fact is often exploited by governments around the world, and there is probably no better example than the state of California.

There is an old mantra when it comes to warfare, which is to never buy into your own propaganda.  That is to say, never buy into the lie that you are “winning” if you are actually losing.  The economic and political news coming out of California is consistently dismal these days, and yet state politicians and bureaucrats continuously insist that things have never been better.  Furthermore, they really know how to spin their data.

For example, CA has been losing more people to relocation in the past few years than at any time in the past century.  Try to research this subject matter and you will be buried in an avalanche of pro-Cal fluff pieces from the local media designed to obscure the problem.  State numbers indicate a loss of 117,000 people in 2021 alone (on top of huge losses in 2019 and 2020), but this number does not mention context.  Over 280,000 people LEFT the state in 2021 for a number of reasons, though covid lockdowns and vax mandates seem to be high on the list.  But the government then adds new residents to the mix to diminish the losses.

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