California isn’t a failed state

Brett Arends pushes back on the idea that California is a failing economy that will inevitably need the federal government to bail it out.

Californians are so productive that every year they send billions of dollars in surplus dollars to the rest of America. Year after year they have sent vastly more in federal taxes than they ever get back in federal spending. California isn’t our Greece, it’s our Germany. It isn’t Little Orphan Annie. It’s Daddy Warbucks. Fact. The conservative-leaning Tax Foundation, which tracks the data, calls this surplus a “fiscal transfer.” I call it a bailout.

Via Wonkette.

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