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Authored by Mike Shedlock via MishTalk.com,

On a cost-adjusted basis, California leads the nation in percentage living in poverty.

Blame the Progressive oligarchs like Governor Newsom.

Unemployment rates from the BLS through April. State level data lags by one month. Chart by Mish.

Warning to the World

Spiked makes a strong case that a dominant class of oligarchs and woke bureaucrats has bled the Golden State dry. It’s a Warning to the World.

The Path to National Ruin

If you live in California and vote for Progressives, you deserve what’s happening. The problem, of course, is the rest of the state does not deserve the madness you impose.

Going one step further, if you are also for slave reparations in a state that never had slaves, then you deserve to lose your house to someone clearly more deserving than you. At a cost of $569 billion, the only way to pay these reparations is for people to be taxed out of their homes.

What’s happening in California is also playing out in Illinois led by Progressive governor J. B. Pritzker.

At the city level look at policies by Chicago by mayor Brandon Johnson, New York City mayor Eric Adams, Boston mayor Michelle Wu, and San Francisco mayor London Breed.

“Wu has argued for charges including shoplifting and disorderly conduct to be beyond the reach of prosecutors along with other serious crimes including the receiving of stolen property and even driving with a suspended license.”

There are too many Progressive idiots to name them all.

February 4, 2024: Cost of Running a McDonalds Jumps $250,000 in CA Due to Minimum Wage Hikes

March 26,2024: California Restaurants Cut Jobs as Fast-Food Wages Set to Rise

March 30, 2024: California’s Deficit Is $222 Billion and the State is $1.6 Trillion in Debt

April 6, 2024: California Bill Would Create a Legal Right to Ignore Boss’s Emails After hours

Congratulations Overdue

Apologies offered. I failed to congratulate California when it passed Washington D.C. to take the highest unemployment rate in the nation.

California Leads the Nation in New Unemployment Claims

Also note the surge in unemployment claims is led by California.

On June 13, 2024 I noted Initial Unemployment Claims Jump the Most Since August 2023

What Happened to the Biden Surge After Trump Was Convicted?

For those who missed it, please see What Happened to the Biden Surge After Trump Was Convicted?

If Biden were to win, promotion of economically insane policies, reparations, and bailouts of states like California and Illinois would be in the cards. That is what’s at stake in the election, but few see it.

If that isn’t the future you would like for the US, then think about how you vote.