26 September 2022

The Democrats Broke California and U-Haul

Greatest salesman for U-Haul in recorded History. U-Haul Literally Ran Out of Trucks Leaving California | National Review

California, however, bled outbound citizens so badly, it broke U-Haul’s ability to measure — because the company ran out of trucks to rent:

Heh.

California was followed closely by Illinois as the 2nd place state in the race to repel taxpayers. The politically correct term is "out migration."

While it is fun to laugh at California, it has real world implications. Canary In The Tax-Mine? California Sees 11% Drop In Revenue.

Compounding the situation is an 11% drop in personal income tax revenue than California expected this year, in what may be the new normal as we enter what may be a global recession. And let's not forget - the great migration out of California by residents and companies alike. A net 280,000 people left the state in 2021 for various reasons, which may be setting the state economy up for disaster.

Bet's on whether or not California gets a bailout from the rest of us?

Hat tip to Lawrence Person's BattleSwarm Blog for both stories

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