Both states have too many government workers--in fact, Texas has more than California. But California pays them so much more that California's pensions are bleeding the state dry, says Dan Mitchell of the CATO Institute. Kevin James, a mayoral candidate in Los Angeles, says L.A. City Council members are given cars, and they earn more than $170,000 per year.
California has bankrupt cities, like San Bernardino. 3/4ths of the city's money goes to what they call public safety--unionized cops and firemen. Politicians promised them more than they have, but the public doesn't seem to realize WHY their city went belly up. Our special correspondent, Kennedy, went to what she says looks like "ghost town" for answers.
Texas doesn't win all the California-Texas comparisons. Government is more likely to seize your property in Texas. Scott Bullock from the Institute for Justice says that asset forfeiture is a big problem in Texas, as well as eminent domain abuse.
Friday, January 18, 2013
Texas vs. California
John Stossel has produced a series where he makes the comparison. As they come on line I'll post them.