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I'm sure he's a beach boys Manny seen all this before doesn't like what he's seeing now.
But it is what it is grow over here we go again.
Well that's the one thing that -- -- -- which is the American people have seen this before.
If California had had there state government spending increased just -- -- inflation since 1990.
Over the last twenty years.
They'd have saved 600 billion dollars OK which is about.
-- 600 billion dollars is what they're spending beyond inflation said there was no effort.
That restraint in California.
What Governor Brown is trying to do is to raise taxes to pay for the wildly excessive pensions and benefits that the government workers -- getting California more than taxpayers.
Aren't at or.
And this is everywhere -- -- candidate visit.
Ability or willingness to rein in even Miley did growth upsides pensions.
The growth of such benefits.
And that's lead to growth in Medicare of the growth of entitlements.
Just slowing -- down makes you seem like you're a heartless that's a big.
So so they resort to the one thing they know is this would like to gift that keeps -- -- gifts.
Raising taxes on the -- But but here's the good news over the last decade one point two million people.
Americans fled California.
And moved to other states they brought well with them.
As political refugees there income.
Which are now earning in Nevada and Texas and Florida.
Show you have political refugees both American taxpayers and their incomes and their -- that is moving out of the state.
Well internationally -- what -- -- but -- our tax rates invariably go up we know France's are gonna go up.
What we're -- rich people -- hide not that they should be very candidate can move their money.
Swiftly and easily but they always seek out the lowest cost environment -- didn't get the whole world's going this way it would what happen.
Well the whole world isn't going this way -- the California.
And France are out liars moving in the wrong direction.
Already America's paying a price because American businesses.
Are not willing to reinvest in America not because they're not patriotic but because they can do math.
And they know that America.
-- early Smart guy that is not registering with a lot of people a lot of people the democratic side of -- of agency command compound down.
Keep pounding this keep pounding this.
So obviously it's not resonating with everyone.
Well watch what happened in Merrill and -- and they said we're gonna tax millionaires the next year.
Only a third as many millionaire showed up perhaps -- on the tax filings and there we.
And again the same standards as well let me be the second time we can talk to better.
But here's the new way that that governor O'Malley who ways Obama to point out the left wing version of of war left wing version of Obama.
He now wants to raise income taxes on -- -- -- earns more then.
-- -- -- thousand dollars that new rich in Maryland is not a million.
That didn't raise them any money now it's a 100000 exactly what Obama will do promises to tax the rich.
If he gets a second term -- right for the middle classes throughout just it's O'Malley.
Has done in the state Merrill but.
There must be a political calculus so I was sort of -- -- -- it would because they feel that they can't stand the heat.
For bringing that -- down for -- who constitutes the rich then.
The proved politically even riskier I don't know why.
But it is what it is state -- state.
Case after case austerity drive in Europe is failed and politicians who venture and -- knocked out of office.
And I worry about that the political backbone globally.
Trial lawyer and labor union money Trump's tax payers and producers.
In general elections nationally.
That's not the case and again we're about to see this in Wisconsin.
Formerly left of center blue Democrat progress of Wisconsin.
They've seen the advantages of getting right of some of the abuses of organized labor's power in the public sector.
And they're gonna re elect Scott Walker.
That will be the model for the 24 states without Republican governor and a Republican legislature.
And that means that the bad states the bad examples like Maryland California.
-- either -- shape up.
Or lose the rest of their popular they're productive populations.
We shall see Grover -- always thank you sir.
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