Res ipsa loquitur. Note that, while Greece is #3, Spain isn’t even in the top 10, while California is.
In the real world, California spent itself into de facto bankruptcy, and tax-paying Californians as well as the companies employing them are leaving in droves for places like Texas. In BHOzo’s alternate universe, “Washington needs to be more like California“.
Tim Cavanaugh explains why California hasn’t even seen the worst of its woes. He refers to a long, very detailed, and very depressing, piece by Steve Malanga on how public sector unions gradually saddled the state with unsustainable entitlements: “The Beholden State“. Read this latter article in detail. And weep.
Reason TV has a great video for Tax Day: “More taxes or more jobs? California shows we can’t have both“.
While on the subject of Tax Day, and the many Tea Parties planned for it, don’t miss this post on specious ‘raaaaacism’ accusations: “Don’t leave it to Cleaver, Part VII” And as Insty suggests: “SEE A TEA PARTY “CRASHER?” Report ‘em to PJTV.”
And finally, James Lileks: “No taxation without satirization“.