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zappaman

(20,606 posts)
Fri Sep 13, 2013, 02:09 PM Sep 2013

Jerry Brown's Tough-Love California Miracle

California was on the edge of bankruptcy and this governor has done a great job reversing the bullshit created by the Gropenator.
This should be a lesson for the rest of the country of what can be done when there is no Republican obstructionism.

"In recent years, California industry has received intense lobbying from Republican governors like Rick Perry of Texas – who has been trying to lure companies to his state by promising low taxes, cheap labor and minimal environmental regulations. For California's governor, the Zero Net Energy Center stands as proof that such efforts are "really screwed up" and that America's economic progress need not be a race to the bottom. "We're trying to make it work for everybody – corporations, workers and the environment," Brown says. "This is the wave of the future, and we're going to push it right across this country, and right across the world."

Just two years ago, the idea that California could be a global model for anything was laughable. When Brown took office, the state was staggered by double-digit unemployment, a $26 billion deficit and an accumulated "wall of debt" topping $35 billion. California was a punch line for Republican politicos – a cautionary tale, they said, of the fate that awaits the nation should it embrace Left Coast-style economic, social and environmental liberalism. On the campaign trail in 2012, Mitt Romney joked that "America is going to become like Greece, or like Spain, or Italy, or like . . . California."

But in astonishingly short order, America's shrewdest elder statesmen blazed a best-worst way out of California's economic morass. With a stiff cocktail of budget cuts and hard-won new taxes, Brown has not only zeroed out the deficit, he's also begun paying down the debt. "Jerry Brown's leadership is a rebuttal to the failed policies of Republicans in Washington," says Neera Tanden, president of the Center for American Progress. "California is proving you can have sane tax systems, raise revenues, eliminate structural deficits and have economic growth."

Read more: http://www.rollingstone.com/politics/news/jerry-browns-tough-love-miracle-20130829#ixzz2enVWiB3t

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Jerry Brown's Tough-Love California Miracle (Original Post) zappaman Sep 2013 OP
And forgot to mention the minimum wage raise! zappaman Sep 2013 #1
What an amazing job done by Hutzpa Sep 2013 #2

zappaman

(20,606 posts)
1. And forgot to mention the minimum wage raise!
Fri Sep 13, 2013, 02:17 PM
Sep 2013

Since this article was written, the minimum wage will be going up to $10 an hour in California!

SACRAMENTO — A bill that would boost California's minimum wage to $10 an hour by 2016 won approval by the state Legislature on Thursday and was sent to Gov. Jerry Brown, who said he would sign it.

The measure would raise the current $8 minimum wage to $9 an hour next July 1 and to $10 on Jan. 1, 2016.

The 25% increase would be the first minimum-wage hike in California in five years and would put extra money in the pockets of an estimated 2.4 million Californians.

http://www.latimes.com/business/la-fi-minimum-wage-20130913,0,1527959.story

Hutzpa

(11,461 posts)
2. What an amazing job done by
Fri Sep 13, 2013, 02:25 PM
Sep 2013

Gov Jerry Brown, truth is most of us here knew he was the perfect man for the job and he has not
disappointed us.

Excellent work Mr Brown.

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