this post was submitted on 11 May 2024
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They are trying. AB 2200 aims at laying the groundwork for universal healthcare. Minimum wage just went up to $16 for everyone and $20 for fast food workers. There are experiments going on in several cities with guaranteed income. But everything comes with a cost, and the state is having budget problems. There have been job losses associated with the wage increases. Employers have begun to get very picky about who they hire for even minimum wage jobs. Hours have been cut.
Even Democrats realize one state can't offer free stuff without attracting every freeloader in the country. Someone has to pay for the benefits, and if they tax those folks too heavily, they'll find another place to live. There's a real limit to how many social programs can be offered before they break the piggy bank.
Your conclusion makes no sense. California can’t afford the policies because states don’t print their money, the federal government does. And California doesn’t get much help from the federal government. So it’s constrained by what it can tax locally.
Those policies would work perfectly and cause no budgetary issues if the federal government paid for them by printing money.
The massive printing of money from 2008 to COVID really not make people realise that? We CAN pay for everything. The government just has to print for the money, and use it for that instead of bailing out the capitalists over and over.