California’s elected officials must be in La La Land when they state that California’s economy is thriving in large part because of its emphasis on enacting sweeping environmental legislation. California’s economy, like the rest of the nation, has been booming ever since the recession, but California is ranking up where the state is not proud of.
http://www.foxandhoundsdaily.com/2018/03/proposed-internal-combustion-engine-ban-devastate-california-economy/The California go-it-alone crusade to reduce emissions regressively impacts consumers. Today the California energy portfolio, the environment, and climate change are always discussed together. Here’s what’s really up – energy costs, poverty, homelessness, welfare and unfunded pension liabilities. California taxes and cost of living are higher than most other states. California’s energy costs are as much as 50 percent higher than the national average. Nearly 20 percent of California’s 38 million residents live below the poverty line. California has more than 33 percent of the nation’s welfare recipients.
California is home to 12 percent of the nation’s population, but startlingly 22 percent of the nation’s homeless population. Roughly 1.5 million households pay more than 50 percent of their income toward rent. Unfunded pension liabilities.
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