If you want to know where Obama’s policies are taking us, look no further than my home state of California. We have taxed and spent ourselves into the ground and our current governor and legislature has still more spending bills planned.
Our gasoline tax is 64.5 cents for every gallon of gas that we put in the tank, 46.1 cents of which is the state gasoline tax. We have the highest rate in the country, even higher than democratic strongholds like New York and Massachusetts.
The highest state income tax rate is 9 percent, surpassing all states save for Hawaii and Oregon.
Sales tax in California is the highest in the country at 8.25%. As if that wasn’t enough, the state is making plans to raise them yet again to over 9 percent.
Our average electricity prices are the eighth highest in the country, at least for the time being. The state is making plans to require 30 energy of its energy to come from renewable sources by 2020. Since this is extremely unlikely to happen, it guarantees that even though our energy prices are among the highest in the country, they will climb still higher as the years go by.
More good news. California has slightly over 10 percent of U.S. population, but accounts for 1/3 of all welfare recipients in the country.
Now we’ve been repeatedly told by Obama and by the press that the increased spending is meant to stimulate the economy and create a strong recovery. Therefore, because of all these taxes and spending, we should be doing pretty well, according to their logic.
However, the unemployment rate in California is 11.3 percent, the second highest in the nation. Only Nevada is worse off than we are. We’re borrowing 26 cents of each dollar, an enormous number for an individual state and the 6th highest in the entire country.
Look at what has happened to California over the past decade. Look into our crystal ball. California is a refutation of Obama’s big spending agenda and it’s exactly where he’s taking the rest of the country. He and his supporters claim that it will get us out of the recession; the facts show otherwise.