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Mike Shedlock--California Taking A Swan Dive Off The Fiscal Cliff Into An Empty Bath Tub 10.Dec.12

  • Broadcast in Finance
Financial Survival Network

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Mike Mish Shedlock is a long term critic of wasteful government spending, greedy public sector unions and the inability or unwillingness of any politician to bring it all under control. He believes that California ,or Taxifornia as he calls it, is about to implode. The effect of all those newly passed taxes will wind up with less taxes collected and more money spent. There's a huge sucking sound as small businessmen, millionaires and billionaires flee the state. California has truly killed the goose that once laid the golden eggs. The Country needs more right to work states. 

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