Old Rick

What Went Wrong with California, New York, and New Jersey?

As a California escapee, I'd note that one issue that was implied but not addressed directly is that of capital flight from the "progressive" states to the capital friendly states. Note where the foreign auto manufacturers located their plants for instance. One hopes that the Obamaists can read the tea leaves and see that crap and trade, health care (not) reform, illegal immigrant amnesty, higher taxes on wealth,and pork barrel stimulus will drive jobs out of the U.S. In another post on SA is a discussion of the disastrous effect of C&T on the U.S. steel industry. As capital can take flight from "progressive" states to cap friendly states, so to from "progressive" countries to cap friendly countries. I wonder who our John Galt will be??