CALIFORNIA IS DOOMED! – Infographic

Problems run amok at all levels in the government. Years of outrageous healthcare benefits, pensions and salaries have made municipalities so broke that they cannot afford to pay for police, firefighters or even garbage collectors. It’s been voted the worst state to do business by CEOs for 7 years now.

It is evident, California is doomed.

Are your projections as bleak as ours? Check out our infographic and tell us what you think!

CALIFORNIA IS DOOMED! Infographic from Staff.com

 

Update from Rob Rawson (founder of Staff.com) on this infographic:

Hi guys. I wanted to share with you my honest thoughts about this infographic after I posted it, and now realize it is not an authentic representation of what I believe. Let me explain:

I created the infographic because I thought it would spread like crazy. I thought that people would be interested in the topic and would share it because of the sensationalist and obvious link-bait headline “California is Doomed!”. However it really didn’t get as much interest as I had hoped, and one reason is because it’s not authentic. I don’t really believe California is doomed (not yet at least). There are too many strengths of the Californian economy for it to be “Doomed”. However I do think that the points in the infographic are valid, and it could lead to it’s eventual doom if the situation gets worse over many years. There are some really worrying things about California, in particular the unfunded pension liabilities, the high taxes, the high prison population and the other points in the infographic.

There are powerful strengths of California’s economy, such as Apple, Google and dozen other tech companies. Anyway, those are my genuine thoughts and I’m sorry for being inauthentic when creating the infographic.

 
Prepared By:

Rob Rawson is a co-founder of Staff.com, a global recruitment platform where you can access very talented staff at affordable rates. They also have a technology called Time Doctor which is software to improve productivity and help keep track and know what your team is working on, even when working from home.

Rob resides in Sydney, Australia but can also be found in major cities around the globe, like Paris, Kiev or San Francisco.

Find Rob on Google Plus

 



5 Comments

  1. disgustedandamused says:

    You don’t mention the property tax rates. As I understand it (not a CA native), property taxes have been capped for years, so are other taxes above average to make up for this?
    Salaries for civil servants probably reflect coastal CA’s higher real estate prices. This is true for every high demand location in the US: East Coast, esp. Greater NYC (incl. CT, NJ) & Wash DC, but also Hawaii as well as the coastal neighborhoods of California. One solution to this, which most cities are loath to do, is allow city workers to live outside of the city, so that they can live in lower rent areas.

    • John says:

      I lived in New York State for many years. I had a 3200 sq ft home that I had build in 1992. When I sold the home in 2001 the property highest tax bill I ever had was 2,500. Today I live in a modest 2,500 sq ft home in San Diego county. The lowest property tax bill I have had for this home is 12,000. Property Tax rate is capped at about 1.25%, but homes are so over valued here the amount paid is huge. The bigger question is where do all these tax dollars go?

      • Agustin says:

        This reduces your monthly payments and can allow you to afford a larger home or save more money on a mortgage refinancing or home purchase loan. you want to purchase a car primarily for business use your business uses the cash accounting method you are looking for flexible car finance to suit your cashflow. There are lots of authorized combined with sensible reasons for having mortgage that you ought to be familiar with when you engage yourselves in this cope.

  2. Soquel Creek says:

    Great infographic. A small correction though. California has now been voted worst state for business for nine consecutive years (not seven).
    http://1.bp.blogspot.com/-WyJXsYTNB9M/UYqHCRwDeGI/AAAAAAAACco/eQS7Jb5WEjs/s1600/Chief+Executive+Magazine+Best-Worst+States+for+Business+2013.png

    You might enjoy some other stories of California’s recent “success” here.
    http://soquelbythecreek.blogspot.com/2012/10/california-oasis-of-democrat-politics.html

  3. Grayson @ Debt Roundup says:

    I love this infographic and think it speaks volumes. I will be putting this on my website tomorrow.


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