Thursday, December 6, 2012

Economic illiteracy reigns in California

Poor Californians. They're convinced that soaking the rich will be their fiscal salvation.

The Sacramento Bee explains how hard California's rich may be hit:
Thanks to passage of Proposition 30 last month, high-income Californians would pay the nation's highest marginal income tax rates -- nearly 52 percent -- if President Barack Obama and Congress fail to make a deal to avoid the so-called "fiscal cliff," according to a new study.
Meanwhile, it's public employee unions and their pension funds that are the lodestone around the necks of drowning cities and states.

So what do the unions do?

Produce clever propaganda to blame the rich and "their towers of money" for all that's gone wrong.

Here's one posted prominently on a California teachers union website, a union of people who teach California's kids in public schools.Take note of the scene where the rich guy takes a wiz on the poor and middle class folk.

The way I see it, if anyone's doing the pi**ing, it's the unions.

Update: After being outed by online media, it looks like the union has taken the original video private. It's cut the golden shower video from this version now publicly linked on the union website, but you can still hear the trickle down at about the 2:50 mark in the timeline in the edited offering:

No comments:

Post a Comment