What Went Wrong With California?

[@PBoyle]

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[@kungfujoe2136]

soylentgreen is ppl

[@Crembaw]

Would really like some better quality of data on these crime claims, Pat. I’ve lived here my whole life and none of that tracks with anything I’ve heard from people who actually live here regardless of politics. The only crime I’ve suffered my entire life here was the theft of my Warhammer minis.

[@morganseppy5180]

@@PBoyle the fact that individuals have to pay to clean up their information but banks pay nothing for data breaches is yet another clue that the rot is conplete in the US

[@morganseppy5180]

@@Crembaw you sweet summer child.

[@YuzuruA]

@@Crembaw I am glad that criminality can be explained singlehandedly by toughness on crime, no other factors envolved. It makes life simpler.

[@CanalTremocos]

Patrick finally picking a side on the East Coast / West Coast rap feud.

[@Zenith121691]

#PBoyle50 his promo code and street name

[@Snp2024]

Patrick only rap for mid west true america 🦅🦅🦅🦅

[@CanalTremocos]

@@Snp2024 Where housing prices are low and manufacturing productivity is high, yo.

[@justabaldguy]

Ah but he didn't choose this life, this life chose him.

[@FuZZbaLLbee]

Coming straight out of Palo Alto!

[@morgan3392]

Hearing that California singlehandedly has a larger economy than all of India is insane, and puts some things in perspective...

[@NEPALI-NINJA]

Who cares about India such a nasty smelly overcrowded wasteland

[@The_Quaalude]

Entertainment and technology rule the world 😂

[@maifantasia3650]

"Growing over half of America's vegetables, fruits and nuts." The dry humour is off the charts!

[@GeoMeridium]

One of my friends living in San Diego pays $2700/month for a 1BR and pays for a car because he has to drive to work. My other friend in Bangalore pays $130/month for a very similar apartment, and is driven to work by her employer, because that is common practice. Even GDP PPP is a pretty inaccurate tool for measuring the purchasing power of economies, except for imported goods that most people don't actually need to get by.

[@travisadams4470]

But not much cleaner if it keeps going on its current path

[@I_Am_The_Devils_Advocate]

24:22 "Designed in California Assembled in China Taxed in Ireland" 😂😂😂

[@jerryburg6564]

Applies only to large multinationals. If you’re a business headquartered in California, you’re fucked.

[@UlshaRS]

Registered in the Maldives Shelled in Delaware

[@SpentAmbitionDrain]

And now: Moved to Texas.

[@3komma141592653]

"Double Irish with a Dutch Sandwich" - A tool used mainly by United States multinationals since the late 1980s to avoid corporate taxation on non-U.S. profits.

[@cv990a4]

Yet California real estate prices continue to be in the stratosphere. It's always hard to reconcile the notion that a place is screwed or f*cked or whatever when the place you're talking about also has massively high real estate prices. It's like the Yogi Berra saying - no one goes there anymore, it's too crowded. And a ton of pepple have been talking about how it's unsustainable - for at least 30 years. So yeah, might be unsustainable, but might also stay afloat longer than most of us stay alive.

[@marianchicago4002]

Not sure if people remember or Patrick heard the story but 7-12 years ago, city of San Francisco was trying to build a public toilet in a park for the homeless, it paid over 1.2 million dollars to have a single toilet built, I believe like 3 different consulting companies were brought in, 2 architectural companies worked on it, it had to clear 5-7 different commissions including environmental impact, there were lawyer fees at almost every step, I believe the actual construction of the toilet was the smallest of the expenses to build the actual public toilet. California is a poster child for doing what sounds good instead of doing what works.

[@glfxfa5452]

Patrick Boyle cites the Economist, which recently endorsed Kamala Harris. Focus onhe politics. The plethora of dirty politicians who enrich themselves manipulating laws .

[@Sataka23clips]

Stupid woke leader ship😂

[@harrymills2770]

That's nothing. You should hear our committee argue over where the new Coke machine should go.

[@RobertLutece909]

This isn't a new problem. Years ago SF was trying to put in a half dozen public toilets. There was a French company that had a successful design installed all over the world. It was too small to sleep in, and the doors opened automatically after a set period of time, so it wasn't a good place to do drugs either. It cleaned itself between uses, and seemed like the perfect solution. But it wasn't wheelchair accessible, so the city paid the manufacturer millions of dollars for a larger version. Unfortunately the junkies figured out how to jam the doors shut, and it was big enough to stretch out in, so they moved in. IIRC, the city ended up tearing them out after less than a year.

[@OhNotThat]

So what works is no public toilet? I'm confused.

[@colineason8759]

"Over 419 thousand regulations" Patrick didn't want to say 420

[@stevozrepto5558]

. Get a ban for that 😜😜😜🍺☘️

[@MirzaAhmed89]

@@stevozrepto5558 April 20 regulations

[@matthewmilan6979]

Nah, he didn't want to say four-turdy.

[@dabeage]

Did you notice Texas was number 5? They don't pay income tax but how much you want to bet they will soon?

[@FictionHubZA]

So close to greatness.

[@Muljinn]

A couple other pressure’s on California’s water problems is their staggeringly wasteful approach to irrigation and their rotting water infrastructure. Not that many years ago, nearly 40% of the treated water in LA was lost to leakage and *nobody* was making any serious effort to fix that.

[@component9008]

The problem is that no politician wants to take water rights away from farmers, even though they use and waste most of the water due to the stupid regulations from hundreds of years ago.

[@dutchybag]

Sounds like you probably have, but if you haven't read Cadillac Desert, the best book on CA water

[@DonHavjuan]

Don't forget the homelessness making the place looks like a post apocalyptic wasteland

[@hiwind58]

Delta smelt.

[@shacktime]

The moronic landscaping practices across the state definitely don’t help.

[@kennyle8640]

I'm not homeless, so I can't speak from experience on the matter, but I do want to offer one possible reason why half the homeless are in the Golden state. If I were homeless, it's possible to live year-round on the streets of the metropolitan sections California. It wouldn't be pleasant, but survival is possible. The same cannot be said for, say...Maine or Wyoming. You'd die from the bitter cold. That fact alone would pay a large part of where I'd want to migrate to, if possible.

[@jacqdanieles]

Given that such a natural incentive exists, CA would be smart to create a disincentive to counter an influx from other states.

[@Danielle_1234]

@@jacqdanieles For decades CA's response to this was tough on crime, where homeless people would end up in prison, but then budget issues happened and it turned out CA was spending over 200k a year per prisoner, so the response was to reduce sentencing for non-violent offenders.

[@brook_angel]

​@@jacqdanielesman. You're saying you'd rather want them to die elsewhere... That's messed up.

[@kenw4930]

@@jacqdanieleslike what? Shooting homeless or locking them in prison?

[@tronpauli1475]

This only half explains it. Having good weather isn't new. So what changed?

[@bdflatlander]

I am 71 years old and have lived in So Cal all my life. What helped my wife and I afford to live a comfortable life in So Cal is that we got on the real estate merry-go-round very early in our marriage (like less than 6 months). We traded up twice from our first home (a 3 bedroom townhouse) and used the equity in our first 2 houses to trade up. We now live in Ventura County (right next to LA County) and we own our house outright with no mortgage debt. Bottom line, in order to live the ‘California Dream’ you better have a lot of money. It’s very hard for a middle income family to get a financial foothold in California today compared to past generations like mine (I’m a Boomer). I know lots of people who have moved out of California in the past 10 years to live in more affordable locations. California’s two biggest financial hurdles are housing costs and taxes. We pay $19K a year for property taxes and are in the 9.0% marginal state tax rate. Our homeowner’s insurance is almost $5K a year.

[@robbrown4621]

Wow, your taxes are huge. I pay $1,200 property tax per year in central Florida and have zero state tax on income. I live thirty two miles away from beautiful beaches and Tampa's International Airport can get me non stop to destinations all over Europe, Mexico, and South America. Worst comes to worst, I transfer in Atlanta and spend an hour or so in that airport. On the money I am saving by not paying the property tax that you are paying (about $18K) + no state tax on profit I earn in stock investment, I can take three very enjoyable vacations including trips to Thailand, Japan, and Chile. The one very big issue for me are the hurricanes that have been getting worse every year. Hurricane Milton this past October was a nail biter and we had three feet of water in the street but were lucky that none reached the house. Close call, I would say. But California has environmental issues too. I have been thinking about moving to Tucson, AZ where the property tax rate is similar. Not worried about the heat so much.( Florida humidity and 95 degree heat nine months out of the year is miserable). I would just make sure I have a bad ass A/C unit. The 2.5% Arizona state income tax is not too bad. The 5.6% sales tax in Arizona is 0.4 percent under Florida's sales tax rate. If I purchase $10,000 worth of stuff in a year, the extra money I would save in Arizona would be $400 per year. The 2.5% Arizona state income tax, say on $40,000 income, would cost me $1000. So, the extra $600 to live in Arizona might be worth the comfort of not having to fear a category four or five hurricane... :) Even double that amount might make sense to me. I am almost 70 now...

[@Shimmy246]

It’s not only California that house prices are beyond what most young people can afford. Houses have shot up in price while most wages have barely budged for 20yrs. Adults still living with their parents in their 40’s have skyrocketed.

[@pfranks75]

One of the happiest days of my life was when my daughter moved back from CA to MO. She made an excellent salary but struggled to stay afloat. It is a beautiful place but a one party state makes it difficult to get ahead.

[@_0______00__________0_______0]

I've also been in Southern California my whole life, though I'm 30 years younger than you. My own experience has been that most of my friends who have started families have moved out, California is too expensive to raise kids. Most of the people I know who are left are either boomers who bought houses when the market was more affordable, or people my age or younger who have no plans on having kids and have the disposable income to actually live here. I think housing prices in California will stay awful until the boomers start dying off in droves (no offense). They'll leave their houses to their kids, many of which have moved out of state and will just want to sell. The market is suddenly flooded with homes and prices begin to go down. Unfortunately though I think California is so expensive it won't ever get competitive to middle class families again. You either need to be rich enough to afford the taxes, or poor enough to qualify for government support.

[@Bergerons_Review]

So you are in low cost renting even though you own your house.

[@DataIsBeautifulOfficial]

The only startup currently scaling in California is U-Haul.

[@daylate]

​@@rogermoore8977it got too blue. So he'll go to a red state and trying to turn then little blue. Stay where you are. Stay at the place you effed up and don't eff up our place.

[@banditkeithkingofduelmonsters]

@@rogermoore8977 What's a zombie in this context? Fentheads? Tranqwanks?

[@Snp2024]

​@@banditkeithkingofduelmonstersoverworked maybe ?

[@erloriel]

@@banditkeithkingofduelmonsters The joke may have been that zombies eat brains and that - if the zombies are moving out - the average Californian lacks this organ.

[@rogermoore8977]

@@banditkeithkingofduelmonsters I’m talking about old school zombies not woke zombies.

[@DeepakKutsa]

When you said “the arts” and showed and “NFT” 😂

[@michaelmoorrees3585]

You're not suppose to measure "art", the same way you do other things. That said, a photo of a dog turd is more artistic, than almost all NFTs I've ever seen.

[@jessy7093]

@@michaelmoorrees3585I judge art wygdo

[@martian8987]

@@michaelmoorrees3585 arguably a dog turn is more unique

[@HarryPujols]

And "immigrants" and showed Prince Harry.

[@MarcosElMalo2]

@@HarryPujols If he had said immigrants who came illegally, he could have shown a photo of Melanie.

[@Mobius_Pizza]

I moved from CA to MI, losing 10% salary, but has housing cost slashed by half, gasoline cost slashed by half, general living expenses down by 20%,, and is much happier with life in general. The schools are better with longer hours more suitable to working parents too.

[@jsizzlesaurusrex]

Shh, don’t invite anyone else

[@michaelmanning5379]

And winter for four months of the year. Snow pants rather than board shorts in January.

[@kakashigaiden111]

You couldn’t pay me to live in Mississippi again

[@TheBackwardsLegsMan]

@@kakashigaiden111 That's good because MI is Michigan, not Mississippi.

[@MahdiKnicks]

@@TheBackwardsLegsManhopefully it’s not detriot lol

[@SlavikChiley]

Okay, the dry "fruits and nuts" jab was hilarious. 0:15 Credit where credit is due.

[@ionfallout7790]

😂😂😂

[@Seeklip196T]

We said that back in the 70s..."California : land of fruits, nuts and flakes"

[@verabolton]

And the short video editing in that very moment 😂 Golden! 👍

[@laraharrison-stow3403]

OOf that apple taxed in ireland gag is gonna win you a letter from a lawyer written in helvetica

[@martian8987]

with a side of wingdings

[@Yoshikaable]

​@martian8987 Windings is Windows dingbats, I wouldn't be surprised if that's illegal in the infinite loop

[@MarcosElMalo2]

I think Helvetica has been deprecated in favor of San Francisco and San Francisco Pro. Say what you will, but at least it’s not grotesque. 😉

[@obtuseangler768]

@@MarcosElMalo2 I've been handing my stuff over in Bahnschrift lately. I'm really a blue collar guy, it's less nerdy/easy to read and nobody's complained yet. Not that anyone works in 'complaints'

[@whazzat8015]

Helvetica, that's a Swiss font no?

[@Sub0x-x40]

I remember california when i was a kid... Seemed like a mythical place full of synth wave music, hot babes and eddie murphy

[@burtturdison4445]

That was the 80s and 90s. When Baywatch was on TV

[@barrydworak]

It was still the land of opportunity then. It seems mythical now, but I was there.

[@zackaryfrancisco2795]

Growing up San Francisco was able to me as a 90s kid as the mythical American dream. Lovely homes, safe, clean, stunning views, friendly neighbors. No one ever mentioned the street poop.

[@barrydworak]

@@zackaryfrancisco2795 poop wasn't there in the 1990s. I was there a lot then with a girlfriend whose mom lived there. Beautiful city then.

[@SirBlackReeds]

You should have seen all of the sleepy beach towns in the '60s and '70s.

[@JCDenton3]

My family went to Las Vegas from LA in the early 2000s shortly after 911. We had no future in CA, but in NV my mom was able to buy a house on her income alone after my dad passed when before the two together couldnt afford anything in CA. Social costs existed too, they had 2hr plus commutes to work each way. I was literally raised by my nanny, and knew more spanish than english and thought she was my mom because I never saw my real parents. NV was not perfect, I eventually moved on, but it gave two and then one professional a better shake than CA did, and put me through college virtually debt free (10k only) with state scholarships and other support. I hope California turns it around, there isnt a more beautiful place in the country, but things have to change.

[@dutchybag]

I live in far north California, near Oregon. The best geography in the country

[@PaulVerhoeven2]

This in CA are changing and will continue to change, to the WORSE like they have been for 30+ years.

[@js-gc2hk]

@@dutchybag i live in south California, near LA. the worst geography in the country where we see people on the streets living in tents is the only view I'm getting while driving on the freeway and on my way home

[@skimaskedabi]

All the cali migrants unfortunately has made vegas an unreasonably expensive place to live, from rent to groceries. Yall might be used to exorbitant prices for everything but you dont *have* to pay 8 dollars for a half gallon of OJ everywhere in the country yall

[@Tristan_Sylvain]

Patrick Voice is deeper than usual, this means this is important

[@natest.laurent1602]

the water shortage doesn't just hurt agriculture. it directly impacts residents with obscene water bills. i left the state ten years ago, but back then my water bill was more than my electric, internet, and recycling combined. also it's hard to overemphasize how wild the housing market is.

[@DwightStJohn-w1l]

the Chinese suitcase money left about ten years ago when dad passed in the San Gabriel Valley. In our safe community in north El Monte there is NO rentals and few sales, but house prices are steadily up. The elephant in the room is the underwater homes (the list is public on a map) that date back to the credit crunch almost 20 years ago. rather than leave and screw their credit rating, families and extended members stayed, but the BANKS have owned the places for those years (i.e. the people pay a mortgage so on paper they "own@ but not really, so what is happening?? No MAINTENANCE. Those homes are becoming "droppers", lot value. A couple I've known since HS have just had their house marked uninhabitable by the city, they're OUT. A few months later, Richard died and it's all feral cats now. surprised squatters have't found it, but it's on our quiet cul-de-sac!!! this isn't going to end well, and it ain't over until it's over.

[@dw3403]

They have HOA's that will not allow zero scapes. In other words, you can't grow what naturally grows in the state. You need lawns, and plants that need water to survive.

[@lesp315]

I live in California and the water bill was never higher than electric. Maybe you had a farm or an Olympic size swimming pool. Sounds like a BS.

[@natest.laurent1602]

@@lesp315 how wonderful for you. and no, i lived in a tiny apartment with 3 roommates in san fran. we made a house effort to take short showers. i don't have receipts to prove it in a random comments section, but it was the case; my water bill was nuts.

[@lesp315]

@@natest.laurent1602 No Way.

[@pmcfearson9453]

The idea of a 70 billion dollar deficit and stating it’s not about spending is a wild statement.

[@rni4069]

if you have a surplus, then two years later, you have a deficit with no huge changes in how you’re spending your money, then yeah, it makes sense that overspending is not the issue. not having enough money coming in, is the issue.

[@ew10662]

The LA Times’ solution…. Tax the middle class more.

[@wisenber]

That budget surplus that went away two years ago included $54B in direct funding for COVID. California received more than $500B in total COVID spending. The problem is California (like many states) didn't treat the federal windfall as the one time thing it was and instead expanded their spending to consume it.

[@franciscosariles]

Put the money to use, not helping anyone in the coffers. In 2022 45/50 states are running without deficit.

[@wisenber]

@@franciscosariles Most states didn't create permanent new programs with temporary money. California did. Meanwhile, several states have been looking at their current surpluses and trying to find ways to lower taxes. The federal COVID spending in 2021 when the economy was already recovering also poured fuel on the inflation fire. Not borrowing the money needed to fund it would have accomplished more.

[@Orson2u]

@@wisenber -SURE, one can see all the new bridges and mended roads, improved water needs, energy investment, and active environmental management of fire….NOT!

[@wisenber]

@@Orson2u That was the ironically named "inflation Reduction Act", not the mega COVID stimulus that created the inflation used as an excuse for more spending the next year on the IRA.

[@lijay1]

re-check those numbers. California did not get a half trillion dollars. It was about 3% of what you said. Like 15 Billion. lol.

[@caniblmolstr452]

This aged well

[@odarpi1]

Was literally looking for this comment.

[@josephfarrell6978]

This is my favorite rap news channel.

[@JRRodriguez-nu7po]

At 1.5x

[@FictionHubZA]

They call him the drink.

[@jakeforrest]

⁠@@JRRodriguez-nu7po I tried 1.5x and it works as a charm

[@Rudini5]

​@@FictionHubZAThey call him the what? A beverage of sorts?

[@FictionHubZA]

@@Rudini5 He he was a kid they called him the juice box. But, now he's the drink.

[@TheMowgus]

Argentina had a Batchelor tax?! This deserves it's own episode!!

[@rahulat85]

US have it too. It is called single filing.

[@PeterT-i1w]

@@rahulat85 it's still a lot cheaper than alimony

[@rahulat85]

@@PeterT-i1w Alimony is never cheap in California. Damm many prenups also can be thrown out.

[@adamm2716]

what's wild is i gotta pay for their schools even tho i don't have kids and the school fail at educating

[@BetaBuxDelux]

@@adamm2716 Americans is getting dumber. 🤣

[@chrisholbrook7117]

As an economic refugee from California I can really agree with all of this! It was a great place to live 30 to 50 years ago, but, sadly, it has changed for the worse. I miss it, but I am never going back. One thing that you didn't go into is the number of houses that were bought by investors, rather than residents. Over 20% of houses bought in many California cities are bought by investors who have no intention of ever living in those houses. As a financial market California Real Estate is a much more attractive investment than the stock market or other options!

[@mixn44]

BTC up 109 % YTD.

[@robertthompson0]

Sounds like US equivalent of London in terms of property.

Where are you now that's so great?

[@danimalfarm]

Very much agree on the impact of real estate speculators. They're why building new luxury housing isn't creating vacant housing. There are perverse incentives that reward corporate landlords for squatting on vacant property that can't be rented at their asking price.

[@jamesharkins6799]

Artificial scarcity​@@danimalfarm

[@buffalosoldier7360]

As someone who worked with the homeless for the city and county of San Francisco for 30 years I can tell you that many states, particularly republican states dumped thousands upon thousands of homeless individuals on the city. The city’s homeless budget was around $250 million every year for my entire career. The hardcore homeless population never declined…

[@GarbagePlateROC]

There it is. The red states blame game.😂 Wouldn’t be a problem if California has vagrancy laws (like the rest of the country)

[@handlehandleton]

Homeless people travel freely to wherever they want. California actively competes for a high homeless population with all the services it provides and the lax law enforcement. Even if they are "dumped" they are choosing to stay. There are no consequences for the petty crimes, drug use, and tresspassing that has come to define the modern homeless person.

[@beeceelad]

Those CA unemployment statistics are way off. Many high-skilled gig workers who were previously employed at Hollywood studios have no work. The entertainment industry is at an all-time dismal low, and those freelance gig-workers aren’t considered in those unemployment statistics. The unemployment rate in CA is far worse than what’s on paper.

[@lightworker2956]

People who have stopped looking for work, or who haven't been able to find work in some time, or who are severely underemployed, are all excluded from unemployment statistics.

[@gamesguy]

The entertainment industry mostly moved out of CA long ago. And the U6 unemployment statistics does include them

[@shacktime]

The so called gig and sharing economy is the most blatant employment scam I’ve seen in my lifetime and one of the most egregious in the nation’s history. It has added significantly to the state’s working poor and working homeless population.

[@eriklondon2946]

Correct. Unemployment doesn't count you after you are unemployed for 1 year or more. You want to look up "Labor Force Participation Rate". But basically all the numbers coming out of Leftist states are lies, or arn;t being counted anymore. Like crime rates in SF. People just stopped calling the police, because it takes them 3 days to get to them.

[@SM-nz9ff]

Well they keep hiring for a modern audience that doesn't exist so they can unf_ck their politics and learn how to life

[@DaveNarn]

I don't know if California is running out of oil as you say. I do know that drilling has been limited due to permits not being approved until the drill company runs out of money during the waiting period and leaves. California's legal actions has been shutting down refineries. The goal is to be oil free and all electric by 2035.

[@hereforthechips7710]

California has a huge oil field in Los Angeles/Long Beach. You just cannot get to it because it is built out.

[@larrym2434]

Oil companies create artificial scarcity of gas additives that are mandated in California to keep California gas prices high.

[@ThisDique]

​@@larrym2434a south Korean oil company has exclusive rights to air rate the gas. Most of the oil doesn't get made and used here. It's imported. Anything produced in CA is supplemental to that if it isn't sold elsewhere.

[@sprezzatura8755]

Rumor has it a 49 cent tax increase on gasoline is forthcoming. Almost everyone is in favor of cleaner, sustainable energy and transportation. But there is a rational way to engineer the transition. California government has no clue.

[@catalinacatg8861]

The refinery in Port of Los Angeles is shutting down in next few months. Get ready for gas to go up again.

[@beatenbytheclown]

As someone who lives in London, not exactly a cheap place to live, my eyes watered at my grocery bill when I visited my sister in Berkeley in 2022. Average earnings in the state might by nominally high but the cost of living is astronomical. Whilst there my sister wanted to renovate a small en-suite bathroom and was quoted $164k.

[@randomnobody8770]

This makes no sense. I've spent plenty of time of time in both places. CA famously produces TONS of food; the home of Trader Joes. London grocery is WAY more expensive than Berkley/LA/SF ime. I just looked at data by state and CA grocery is almost the same as FL.

[@shane_rm1025]

You don't have to shop at whole foods 😂

[@mikes-wv3em]

thats why costco and aldi are so popular. i have no grocery problems.

[@brandoncarpenter9681]

You must have went to Berkeley bowl, amazing produce, but expensive everything else. Yes quality food in California is very expensive. Can still find crap food for cheap.

[@metaleggman18]

The costs for renovation were because wealthier people had extra money during the pandemic since they weren't traveling and going out, which lead to a lot of contractor work. When demand spikes but supply is the same, prices go up, simple as. It's been bad enough even trying to get someone to want to do the work can be difficult.

[@jaysanchez2]

As a contractor I can say this video is missing a lot of information but it’s worth mentioning how expensive land is here and how expensive running utilities is and expected ROE is on new development. Housing forsure is the number one issue in Cali, having a bunch of people move here and pay top dollar for property doesn’t make it easier. Regulations are a drop in the bucket bro

[@melh937]

Your dry humor is immaculate.

[@Cntr-Cmd-Delete]

he’s an ai

[@davidmoores7608]

@@Cntr-Cmd-Delete Absolute Irishman?

[@SigFigNewton]

If you watch carefully you can see his lips becoming more chapped over the course of each video. He takes breaks from humor to rehydrate his skin.

[@eliethia_munay]

@davidmoores7608 💀

[@ProdigalSunTzu]

Larger companies here have used regulations to crush smaller ones. Years ago large dairy firms were supporting regulations which they should usually be against. But in this case they knew small family run dairies couldnt afford to pay to upgrade. Once the regulations passed some conglomerate showed up to my grandparents dairy offering to buy it since making upgrades was so expensive. If that wasnt already bad enough the state took some of my grandparents land for that fantasy bullet train theyvw promised to build for over a decade

[@CopingContinuous]

Now if only the state would take over that much more efficient diary production and return the benefits to californias via public welfare programs?

[@moth.monster]

Yes, fast trains. A magical fantasy device from the impossible to imagine lands of "Japan" or "France"

[@sixfiftyfive2386]

Errrrr welcome to reality - this is how regulations are always used. A balance needs to be struck between public concerns & stifled innovation - there are no "solutions," there are only tradeoffs.

[@SigFigNewton]

Lack of competition and companies growing larger has been especially pronounced since Reagan weakened antitrust

[@SusCalvin]

I usually look at how farmers are organized. If they are not, others get a lot more say.

[@TheJamonLance]

Yo, it's Patrick Boyle, the finance rap king, Talkin' 'bout Cali, where the tax man stings, People packin' bags, headin' out of state, Cuz crime on the rise, and the rent's too late. Homeless in the streets, man, it’s outta control, Regulations got 'em stuck, losin' all their soul, From Silicon Valley to L.A.’s shore, Folks sayin', “I can’t take it no more!” Boyle’s droppin' bars, mixin’ knowledge and facts, Rappin' ‘bout taxes that hit like an axe, If Cali don’t change, the exodus won’t stop, So listen to the finance king when he drops!

[@ВладимирКруглов-к9о]

Needs much more likes.

[@noellecannon1411]

This comment was generated by CoPilot AI haha jk Fire bars 💯💯

[@williamrossetter9430]

No one calls CA "Cali" if they live there, pal. Get the lexicon right please: SoCal, OC, NorCal, etc.

[@CJBroonie]

@@williamrossetter9430lighten up, it’s a rhyme.

[@gwynn2528]

My family lives in a town where the average house is $600,000 and the average job is $30,000 a year. Also, companies are moving to Texas because there is a nifty law there where you can take the assets of a successful company, put them into a sister company and then all the workers get nothing when the company goes public and a few CEOs get millions. This happens a lot. So yeah, my family is on the verge of being homeless.

[@carrotblog1746]

I live in Vietnam, the biggest city in our country have the house price to income of 37 and people still believe number only go up. I feel so frustrated

[@The_Quaalude]

You better do all you can to move fam

[@ryanshaw4250]

The western buyers are responsible on this one.. This actually started in California, they they took their massive real estate asset values and bought the hell out of the US west coast which then caused a tidal wave of 1 million dollar homes. Now people who live in a crappy house that is literally in a barren desert like southern colorado or utah can buy a housing complex in your country or even places like Japan if financed. The bubble will not die until global depression and its all a finance game/bubble.

[@mamotalemankoe3775]

Yeah the South East Asian multiples are insane. Some cities have 40× or more income multiples. Absurd stuff.

[@skyak4493]

@@mamotalemankoe3775 Everyone is focused on the evil of housing affordability, but nobody dares questions the sacred cow of urbanization. Housing cost is not unaffordable, the location is unaffordable. The problem is componding the “fertility crisis”. Our most “successful “ youth must go to cities for high paying jobs and desirable mates. Once they are there, the cost of living and culture sterilize them. You think city and state budgets are a crisis? Take a look at how much of the “income” being taxed is cap gain/inflated price, and how much of the spending is deficit social services promises. The reality is that we can’t afford to live as we do and not grow.

[@DwightStJohn-t7y]

Viet co-worker in Canada told me he's housed is parents in a 400,000 dollar home in Vietnam. !!!

[@FullLengthInterstates]

A big issue with balanced budgets is politicians are always pressured to return the surplus to constituents. This sounds nice but puts your municipal and state governments in the same precarious situation as individual households and high risk businesses that all live paycheck to paycheck. Countercyclical spending is impossible if the organization isn't allowed to save. A strong government needs both the ability to collect high taxes, but also the ability to hoard the revenue for a rainy day.

[@martinr2040]

good point! greeedy effin boomers!

[@101realtor]

Not even always pressured but the huge surplus we had during covid was legally required to be returned to the citizens due to some law that was previously put in place.

[@jimfoye1055]

Dude, lay off the Keynes.

[@Beholderost]

@@101realtorthat’s insane

[@bubbajones5905]

....but politicians DON'T save surpluses, they just expand spending programs.

[@Erik-rp1hi]

I've lived in the beach cities of LA all my life. It has gotten bad. The weather is the only thing going for it. Fires are ruining the mountain living way of life also. I sold my home for 2.25 million in 2020 and now living in my machine shop, 8K sq. ft. with prop 13 taxes on it at $10K. Living off the home investment money is super easy now.

[@davidharris1530]

To me, its kind of sad that as a buisness owner you had to sell your fine home and now have to live in your shop in order to stay in that state. That's the problem with that place, they can keep thier scenery. Im never coming back.

[@NunoFerreiraX]

0:28 😂 I'm still laughing at the fruits and nuts illustration... 😂

[@KMbuilt]

Me too! Well played! 😂

[@janeeden919]

Me too😂

[@janeeden919]

As David Ike said, every mighty Oak is a nut that stood its ground.

[@stockjonebills]

lol I know. 😆

[@zonegaming3498]

Lived in Oregon, California ruined this beautiful state. I had to move because of gentrification. All the apartments got sucked up by invaders and it went from 500$ for a 1 bedroom to 1200$ for a studio in 5 years. Even a full time job I couldn't afford a studio apartment. I left and now I own a house and I make only 16$ an hour.

[@trinydex]

you are the success story that more need to hear. when a place gets insane from gentrification, get out.

[@janibeg3247]

We have friends that moved out of California to get away from high taxes but we have relatives that moved to California to be near the beach.

[@MakerInMotion]

There's plenty of beaches that are not in California.

[@mechanicalmonk2020]

I moved out so I can afford a house. Not a day goes by that I don't think about going back. Just need .... LOTS more money before I can make that move

[@justinmiller7150]

@@mechanicalmonk2020we moved back from Denver. It was worth it.

[@Dafty2k]

Yeah if u look at it California is literally Garden of Eden , a Paradise!

[@SigFigNewton]

@@MakerInMotionare these beaches warm year round and safe from hurricanes

[@davidcobb464]

States and cities are up and down. I remember when Pittsburgh was in the dumps, then the best big city in the country. The benefit of being older is to see cycles. By the way, it is the only benefit.

[@lecsipillar8924]

The shock sent through my spine when you cited a graph from George Mason University as I sit here, on that exact campus, listening to you!!! So cool!

[@chunyuenlau56]

California is the best example of just because the economy is big it doesn't mean it's a good place to live in.

[@gugy68]

It’s a great place to live. Not every place here is like is portrayed in the video with homeless and violence everywhere. Yes, it’s expensive and we have lots of issues however the weather, people and scenery are fantastic. We need a reset especially with the government we have but if I leave is to go overseas. The entire country is going through many of the problems shown here.

[@sammieollie]

Its really nice actually. You should come visit San Diego. For me, the taxes are very low and schools are fantastic. Gas prices are high, but we don't drive much. And electricity prices are insane. House prices are high, but not too dis-similar to most western states. There are cities in Montana where house prices are higher than San Diego. Its a great place to get your career started and make some money. I'm thinking about moving only because my dream is own a bit of land and cooler climate.

[@GueroMexicanGT]

I mean there are places that are nice but you have to be a millionaire at this point it sucks.

[@troodon1096]

@@GueroMexicanGT Even if you're a millionaire you can do a lot better elsewhere.

[@here_be_dragons9184]

California is one of those high risk/high reward places. You have very high skills, very high salaries and very high costs. There are many places like that: NYC, London, Paris... Rewards are high but costs are high too so it's a subtle balance that is always in the risk of tipping on the wrong side...

[@eddenoy321]

Patrick grew up on the mean streets of Boyle Heights.

[@DwightStJohn-t7y]

and graduated from East Los Angeles junior college with an Associates Degree............in Chicano Studies.

[@shawnington]

IM very confused, I live in California, when talking about sales tax he said California is one of the few places that don't tax services, so why am I paying 13% sales tax?

[@sicksock435446]

Interesting video. I'm surprised you didn't touch on California's vibrant Rap scene. Part 2 video maybe...

[@RacingVagabond]

Would love a history of rap doc narrated by Patrick.

[@emma_tm]

part 2 is in this video actually, it's just told through double entendres you missed

[@Gavriloprincep]

​@@RacingVagabondomg the dry wit and delivery of words that have never left his mouth before would be amazing.

[@rastas_4221]

That would definitely be a banger video. Maybe he could do one on april fools.

[@bokkenrijder172]

…or the corn industry…

[@SebastianJArt]

It’s worth noting that building regulations must be stricter in California due to earthquakes and larger building are “over-engineered” compared to rest of the country. $$$

[@jed1nat]

I also think California is the only state with its own electrical code book, lol...

[@Luigiman59able]

@@jed1natCalifornia uses the same NEC code book as the rest of the country. CA does have unique energy savings requirements (Title 24) however.

[@jed1nat]

@@Luigiman59able Title 24 is what I'm talking about. And there's an amended code book that is referenced in plans where it says "CEC" instead of "NEC".

[@majorsynthqed7374]

But Florida has a similar issue with building to hurricane standards. All new building must be able to withstand winds of 150 mph.

[@andrewsalmon100]

Thanks Patrick. More fine analysis.

[@Mitchell_Tillstrom099]

I was homeless in Los Angeles until a little less than a year ago. I wrote a novel about street life as a young adult, it's called Where Did You Sleep Last Night? By Mitchell Tillstrom, It'd mean the world to me if any of you could buy a copy or tell your friends about it. Thank you and have a great day 🙏🏼

[@jimgraham6722]

I lived in the Bay area in the 1960s and LA in the seventies. It was a fun place then. I have made a few nostalgia trips in recent years, it has changed, a lot.

[@famenycvp1]

I am a New Yorker living in CA for over 6 years now. Grew up in NYC - moved to LA for “weather & lifestyle”. Disliked LA and now living in coastal San Diego neighborhood. Cost is crazy - tax is nuts - policies are bonkers. I don’t deal with homeless because our neighborhood is very private and wealthy. From my perspective - the people that choose to reside here now are mainly doing this for lifestyle and quality of life. Basically if you can afford it good for you. The avg cost for a home in my neighborhood is over $1.5M

[@grega8875]

You think New York is cheaper? Try getting a two bedroom in billyburg for under 6 grand a month

[@NuNugirl]

I left NY for The Space Coast. Bikes, boards and boats are everywhere. No State income tax. It’s getting better every day. Even the eye of the hurricane that passed through my area did very little damage. You can have your California private wealthy neighborhood.

[@mjaybee]

North County!

[@Nichole-wd5ce]

@@NuNugirl and people like you are pricing out native floridians out of their cities and neighborhoods, congratulations. You messed up your own state and now moved to Fl to mess up a new one.

[@NuNugirl]

@@Nichole-wd5ce Jerlous much 😘 My very successful son who lives in FT Lauderdale just married a gorgeous successful Floridian.

[@stinga_]

This guy knowledge, comedy and sarcasm is unmatched 😂

[@jimfesta8981]

The California dream ended in the 1970s when housing costs began to shoot up. In the San Fernando Valley, back then you could buy a home for 30 to 40 thousand dollars. Try doing that today.

[@andyerwin3535]

It started with gray Davis, then Arnold then Jerry brown, now Newsom, it's been in a death spiral since the mid 80's

[@acs66562]

No. It started in the 70’s with Jerry browns first time in office, and him allowing California’s government workers start unions

[@michaelcoletta4547]

​@@acs66562yep... even FDR cautioned the dangers posed by public sector unions

[@RickTrent-i9r]

Too much one sided State Governmnt FOR TOO LONG! THERE'S NO BALANCE BETWEEN PARTYS.

[@RickTrent-i9r]

It actuallly goes back to Jerrys Father, EDMUND. It's been ran by DEMOCRATS ever since, on downward trend since. It's WHY I LEFT 30 YRS AGO

[@aliceputt3133]

Try Ronald Reagan and closing the Mental Health Institutions creating instant homelessness and defunding the University of California and starting tuition. Also allowed clear-cutting redwood forests.

[@therowofboats4840]

I don't know this to be fact but as a Californian I feel as though housing has become a sink for big business investing-especially given the climb in housing cost here. It's impossible to beat out cash offers by big business on homes and many of the people I know looking to buy have had this experience.

[@jeffb1880]

This is the first video from this channel I have watched. Thank you for NOT just giving an overly simplistic ideological polemic like most videos that deal with economic or political issues on KZbin. I want well reasoned and researched information that isn't looking at the world through an ideological lens. And I think you succeeded with this video.

[@vissermatt1058]

i would recommend watching his forbes young entrepreneurs video. its pretty good. "forbes has a fraud problem"

[@MarcosElMalo2]

You’re in for a treat as you go through the back catalog.

[@media4amigos]

"I want well reasoned and researched information that isn't looking at the world through an ideological lens." Ahhh, the Reasonable Centrist- a self-stylization that absolutely does not exist. exactly the type of person to drift further and further right as they accuse everyone else of being crazy leftists. i think you should try to mature out of this naive delusion.

[@CrescentRollCarl]

That Elon photo had coffee coming out of my nose.

[@Johnwashere-dt2ov]

Lucky for you and me it wasn’t a full body photo.

[@steveburke7675]

...that boy hasn't seen the sun in decades.

[@ВладимирКруглов-к9о]

Ew disgusting! No need to write that here!

[@Yoshinomic-hm8hf]

They edited out the supermodel tsucking on him

[@president2887]

😂😂😂😂😂😂😂

[@95K-y2n]

As a Californian who decided to live in a lower cost of living state and subsequently I enjoy a higher standard of living with the same profession. It has been a trade off for sure, but a worthwhile one overall.

[@ElectronicWitchcraft]

My main OG rap and rapping homie in the house.

[@uselessfacts-nd7pj]

Your insight is always fascinating!!

[@RE-pn5yq]

That was very bloody informative- I just found your channel and with an accountants mind, I’m hooked on your logical analysis (and references as you go). 🎉

[@PASTRAMIKick]

they're just now realizing you can't tax hobos

[@fozzir]

Family of 5 here in San Diego. SDGE $550 a month, Gas at $5 a gallon, $350 a month. Don't get me started on groceries, auto insurance, propositions added to the property tax bill etc.. $ gets spent like the wind.

[@alcoyne3333333333333]

Im just back from another holiday in American. Never again. You people need to stand up and fight your government on prices and taxs .

[@gamesguy]

Sdge 550 a month and you haven't switched to a solar PPA? You'd cut that in half. Property tax is lower in CA than most other states, especially Texas.

[@fozzir]

@@gamesguy Solar, lol wit NEM 3, it's DEAD, batteries alone are 45k, ask me how I know and the warranty is only 10 years, then you have to get new ones. I said "propositions added to the property tax bill" not the property tax bill itself. Those propositions have doubled in in the last 5 years.

[@gamesguy]

@@fozzir Did you read where I said PPA? It's free, you pay nothing. You just agree to buy power from the solar company at agreed upon contract rates that are much lower than sdge rates. Why in the world would you need batteries? So you're complaining about something irrelevant, got it. All these propositions add up to like 0.25%. Meanwhile other states pay 3%.

[@MarcosElMalo2]

@@alcoyne3333333333333 The government doesn’t set prices.

[@tocsa120ls]

Patrick, have you ever done a video about the 2010 flash crash?

[@matthewheath7839]

Yes, he has

[@tocsa120ls]

@@matthewheath7839 is it members-only? I get no results for 'flash crash'

[@tylerfun3158]

Having friends who live in California is the best way to feel better about your hometown.

[@web9529]

13.3% state income tax at $1million+ doesn't seem high from the pov of a foreigner. It's actually lower or at par compared to every Canada province...

[@TANK-qi5wg]

That says more about Canada than it does about the United States. Also, millionaires in the state are expected to pay federal income tax in addition to state income tax. Compare this to states like Texas, that have a 0% state income tax.

[@notme222]

State + Federal in California or New York is 55%. That's higher than BC or Ontario at 53.5%. Had Biden gotten the increase he asked for earlier this year, it would have reached 59%.

[@JustAnotherLoverOfMusic]

@@TANK-qi5wg however Texas has the fifth-highest property tax load in the country. "In fact, when the total tax burden levied by each state is taken into account, Texans pay a higher percentage of their incomes in taxes than Californians do-quite an accomplishment considering that Texas has no personal income tax. The cash to keep the state operating has to come from somewhere, so Texas makes up what it misses by not collecting income tax by slamming its residents with relatively high property and consumption taxes." from Wallet Hub

[@Tokamak3.1415]

That's the state tax ON TOP OF the federal tax. If you owe 33% rate to the Fed, and 13% to the state you're now at 46% total. Just south of Vancouver in Seattle, WA the state income tax is 0%.

[@larrym2434]

At least Canadians have their health insurance covered.

[@nunyabidness117]

California gas tax is 69.8 cents/gallon, not 60 cents.

[@mechanicalmonk2020]

Nice

[@ILoveTinfoilHats]

It's about 3x that in Canada 🥲

[@PlagueGuy]

Nice?

[@michaelmoses8745]

Nice (?)

[@djmit44]

A little less than 70 cents?

[@BrownStarKachina]

Since we're talking about California, why doesn't this video have a prop 65 warning?

[@yankinwaoz]

As a native Californian, I want to thank you for pronouncing the place names correctly. It’s nice to hear.

[@Therecouldbehope]

Patrick, the answer is simple; we live as residents in south Florida for 8 months and Point Loma during the summers.

[@AEVMU]

Lived there for the first 38 years of my life and in many ways I had it better than all but the wealthiest residents. I left and have never looked back. The crime, cost of living, and absurd pace of life are a problem, but for me its the people. Almost everyone is either extremely materialistic and completely fake and shallow, or just severely out of touch with what matters in life. Ego, money, power, active image maintenance, and physical things, are way too high on most peoples list. Very very few people even know what being content means. They trully think they are happy, but they have no clue that daily hapiness, which can be bought, is not the same as being content. California is quite frankly absurd. CA is good for the ultra wealthy, but if you are that wealthy, there are better places in the world to live/buy residence.

[@wimvanaerde6249]

They are spiritual poor, am I correct? Greetings from belgium

[@Quantris]

I put to you that this is not true everywhere in the state. It is a HUGE place.

[@slartibartfast1268]

The picture you paint with your broad brush is ridiculous.

[@SirBlackReeds]

@@Quantris It's true for the coast. Sadly, the indland's never going to become part of Nevada.

[@RandomVideoWatcher7]

@@slartibartfast1268 have you ever picked up a paint brush?

[@GrahamCrackers764]

Resident of San Diego CA here. Homeless situation here is WAY OUT OF CONTROL! I’m out of here as fast as can be. Too bad, used to love this city but I’ve had enough. Will not miss CA in the least.

[@KevinKimmich44024]

I was just out in LA last week--I've been there three times this year for work--the homeless situation there is nuts. I guess the locals are used to it or something. I was in a reasonably nice area of LA, but every street is a makeshift camp. Every house or neighborhood needs a fence and maybe security guards. Good weather doesn't offset the problems so many people bring.

[@GrahamCrackers764]

@@KevinKimmich44024 Agreed on the weather bit. It’s crazy how people just act like this is the norm.

[@Estefania999]

Les Zeppelin just changed a song title posthumously to “Going Out of California “

[@laara1426]

1989, the speaker at my graduation was the mayor of San Francisco. He vowed to end homelessness. We are still waiting.

[@EdDale44135]

You end homelessness by giving people homes, or by making homes more affordable.

[@LurchLures]

Income tax is among the steepest in the USA , topping out at 13.3 percent for millionaires. Wow.They wouldn't like Britain.

[@nathanjohnson9464]

That’s just state tax, add on the federal on top of that

[@vulpo]

I didn't know about the UC System. That explains a lot. I wonder why everyone isn't doing this.

[@MarcosElMalo2]

The UC system is tops. The Cal State system is not far behind, as good or better than other state schools and competitive internationally. On top of that, our community college and city college system is pretty good at preparing students to complete their 4-year degrees at 4-year universities. What is missing is a strong vocational education system, but this is also a problem nationally.

[@hockeygrrlmuse]

Yeah, I recently worked on a report that touched on the Master Plan for Higher Education, developed in 1960. Community colleges feed their top students into UCs and CSUs, and local high schools get priority admission to both of those systems as well. Community colleges are extremely affordable, about twice as cheap per unit as the next state - and San Francisco even has a program for city residents that ends up being about $40 per semester (textbooks not included, of course). There is certainly some administrative bloat happening, with university presidents & other high-level staff receiving absurd salaries while paying their actual teaching staff barely above a living wage, but as a whole, the system is super impressive and remains a high-quality education system serving a considerable student body.

[@SirBlackReeds]

@@hockeygrrlmuse Or is it? 🤔

[@rni4069]

@@hockeygrrlmuse not to mention that community college is free for the first two years, no matter how rich or poor you are. that, combined with great transfer programs to top universities, makes california an incredible place to education-wise.

[@jl4056]

Love the subtle humor. "These are all new words to me."

[@LonChera-1]

loved California back in the day. unfortunately not anymore. so glad I moved

[@chubulu9842]

@Pboyle, who’s your tailor? Would nominate you for best dressed KZbinr 😊

[@TorbenRudgaard]

With high taxes in CAL - how come they got so many homeless? CAL out perforn the Nordic countries in every financial number, and yet we have zero homeless and everyone got full free unlimited healthcare. Sooo where are all the tax dollars going?

[@Not-Ap]

That's the question that everyone living here is always asking. The answer is most likely multiple choice with all or multiple being right. The state infrastructure is wholely inadequate, yet the necessary repairs never seem to happen, despite the budget for it being there.

[@HelixChaga]

As someone who has lived in Florida nearly all their life, could you do a deep dive like this about my state?

[@MrMadvillan]

forgot that the film industry is going to vancouver and atlanta.

[@markdc1145]

And Albuquerque!

[@SirBlackReeds]

Heck, the companies are probably going to relocate to Hong Kong within a couple decade.

[@TheAndroidNextDoor]

California's touted stats as one of the most productive areas on Earth seems like an effect of inertia at this point. The state has begun to fall but still has an illusion of towering heights simply by virtue of having not yet hit the ground.

[@EvilMonkey7818]

Productivity is a funny economic term in this case, as a massive part of California's economy is real estate speculation. Despite losing half a million in population housing prices have risen more in CA than the rest of the US as a whole since the pandemic. That itself is inertia, just as is commercial estate which has nowhere to go but down as the population bleeds out. Whenever we hit an officially declared recession (when?) it will hit especially hard in California since it's economy is driven more by debt and tax collection than any other state except maybe NY or IL.

[@TheAndroidNextDoor]

@EvilMonkey7818 I think it's already begun to hit, but like trying to turn the Titanic to avoid the iceberg, it's already too late. I remember the experts and government officials literally changed the definition of a recession just to avoid being in one, as if "officially" lowering the category of a hurricane from a 5 to a 1 will somehow make it less devastating when it makes landfall. I just think the effects have yet to materialize on paper. On paper, everyone scammed by Madoff still had all their money a few days before the bottom fell out and I think California is in the same situation.

[@Lucie.Greening]

Well rounded video. Thank you, Patrick!

[@joenoneofyourbusiness6487]

The thing with prop 13 is that most older people who are retired and on fixed incomes cannot afford the taxes on their houses if appraised at current levels. It would literally be more than their previous mortgage! They are not "rich older people", they are your grandparents and the real problem is that houses are not worth this much.

[@waterwomaninFL]

California has so many problems because of too many laws. It’s been like this for years. I have a friend who took the United States medical licensing exam in California. After that, his medical school closed and because of this he couldn’t get his records. California had the only set of records agencies in hospitals would accept. They would not release his records. He ended up losing his license to practice medicine after all that training. I tell everyone who I can to never take a licensing exam in California. It was a travesty and even with a lawyer, he could not get his records released. There was absolutely no reason for this.

[@JustinSorci]

I was born in California (Bay Area), graduated from a California State University with 3 degrees (2 degrees in Economics), but I moved to Washington state in 2017, because in order to afford to live in California you need a corporate CEO income, and there's only one of those positions per company, LOL. In a nutshell, California is a great place to live if you're at the bottom freeloading off of the system, or a billionaire.

[@Ausplainer]

This issue with the American left is their ideals are misdirected into stupidly destructive policies. Conservatives are guilty of this too but it's insane to see a movement against police after a single event and now businesses are refusing to operate their while people feel unsafe. Attempting to "save" black people has harmed all people. They decide to tax rich businesses overly harsh, but do it to the point they just leave. Now the state has less money for poor people. They decide to help feed drug habits with kindness instead of institutional care. There's now record homelessness. There's amazing intention but media gaslighting refuses to address uncomfortable topics and a lack of honest conversation has left people destructively misinformed.

[@brucemichaelwentworth3857]

Freeloading off the state isnt great, not even in California.

[@mack-uv6gn]

Do a video on Texas and Florida when you can, you did an exceptional job with this video.👍

[@spacewizard69]

1:37 that is the best picture of Elon Musk hands down

[@shinjinobrave]

If you ask me the Californian dream has turned into the Californian nightmare!

[@jakeweston8616]

California has gotten so bad that the porn industry moved to Florida too

[@MarkKal-y5l]

Living in CA for decades, I have benefited from education and the rise of high tech industries in the SF Bay Area. The biggest problem I've seen is too many people. The "mass exodus" is not big enough to reduce congession and environmental damage of over population. A growing economy with a decreasing population would be ideal in my opinion. The homeless issue and crime issues presented are decreasing in my experience, not increasing. They peaked right after covid shut downs. I think in a few years CA will still lead the country in income and budgets will be balanced from huge gains made in booming tech investments. CA will create sustainable businesses with less pollution. We want sustainable quality of life, not ever growing population. Just my opinion of the liberal agenda, worth what I charge for it.

[@Tragicmagicshow]

This tracks with how I view things, also as a lifelong California resident. The state is full. Economists and politicians never account for this, but there are just too many people in a state that--despite its size--really doesn't have very much land to develop. Some folks just gotta go.

[@bjr4567]

Yet Governor Newsom appears to be Joe Biden's biggest supporter of an open and unrestrained southern border, as deleterious as that is. Go figure.

[@tlalocraingod2205]

Looking only at relocations is missing a big part of the story. How many new companies are being founded in CA?

[@gidds99]

One of my favourite channels 👌 Let's go 🚀

[@Meowhsss]

6:58 Gas in California is expensive due to state taxes, nothing to do with them not producing it. It’s costs $.02 per gallon of oil to get it in a tanker from Saudi Arabia to the USA, it’s negligible.

[@cdorman11]

At $.65 per gallon, the taxes can't be what explains the extra $3 per gallon. Cali requires a special blend to burn cleaner. CARB stands for California Air Resources Board. It's a clean air agency created in 1967 by then-governor Ronald Reagan, and it enforces stricter emission standards than the Environmental Protection Agency (EPA) for vehicles in the U.S.. Why? To address the smog problem. The skies are much better now than 30 years ago.

[@philippebackprotips]

Seen from Belgium, they still have it easy...

[@SirBlackReeds]

The absolute state of Roman Catholicism in both appears to be more or less the same.

[@johnmarsh5390]

After listening to Mr. Boyle's critique of the state, I really want to live there! He makes it seem pretty attractive in comparison to lots of other places - except maybe for home prices...

[@MarkArcher1]

UC grad here from '15. I was an EE and switched to SE which is what is on my degree. I found the UC system to be a huge waste of time and money and wouldn't recommend it to anyone that wanted a good education. Just wanted to toss that out there in case anyone was overcome with envy after hearing your description of it.

[@rni4069]

i’m sorry you had a bad experience, but that is one case out of millions. it is a good education, some of the world’s best. plus, with hundreds & hundreds of subjects to be studied, you can’t make a generalization like the education “isn’t good” because you aren’t educated in every field. it’s top class for a reason man.

[@rni4069]

my experience was awesome, and so was my siblings, my friends, my cousins, etc. i’m sorry you didn’t feel that way.

[@MarkArcher1]

@@rni4069 several issues with your comments. First, I never made any such generalization. I said it was my experience. Seems like your UC education didn't leave you with good reading comprehension. Second, if you, your siblings, cousins and friends all got in, it clearly can't be that prestigious. This is in no way a knock on your friends and relatives. It's just an issue of tautology. Something that is commonly accessible is not prestigious. Or you've purposely used language to make what is actually a small group of people seem like a large group of people, which isn't being intellectually honest. Either way it doesn't reflect well on the UC system. Finally, I'm glad you brought up all those hundreds of fields of study. This is a finance channel (and maybe a rap channel) so we should all consider the return on investment for all of those degrees. The fact is that many of them have negative ROI even for the top students. But most students don't learn this until after they graduate which reflects terribly on the UC system. So, thanks for your replies. I'm glad you found my comment interesting enough to engage with. I'm also very glad you and your family and friends all enjoyed the UC system. But, based on my experience, I still can't recommend the UC system to anyone who wants a good education. I do think it's a good place to get credentialed though if that's what you're going for. Hopefully we all know those are very different things.

[@angelsummoner]

@@rni4069yeah, I went to Davis for Bach and now UCSF for PhD. I’d recommend it to anyone!

[@edblair1]

That picture of Elon was real? Lol

[@SirBlackReeds]

I believe it's AI generated. However, there's a shirtless image of him at his yacht. He still looks fat in it.

[@jerrywood4508]

The Proposition 13 limitation on increases in assessed valuation was an extremely easy problem to predict, and an extremely difficult trap to escape. Ironically Republicans in Texas have been trying to create a similar problem here by attacking the ability of county assessment authorities to match taxable value to actual prices. In 1981 the state mandated annual revaluation of property at as close to market value as possible. This happened because of inequality in revaluations that meant that new home buyers were paying property taxes at close to full value, while long-time owners of homes were paying at a fraction of the real value. Ever since then that requirement has been whittled away because of antipathy to property taxes in the Republican Party. The lieutenant governor even proposed eliminating all property taxes in favor of an expanded sales tax, but the idea died quickly when it was pointed out that it would require a sales tax rate of over 22%.

[@Y0tsuya]

Proposition 13 also contributed to the high housing cost as homeowners here tend to sit tight which limits the supply of housing for sale, leading to buyers chasing a dwindling number of listings. There's a silver lining in that the property revenue is fairly stable so if we remove prop 13 it might exacerbate the tax revenue instability.

[@Nianiabe]

Your voice is deeper for the pre sponsor chunk of this video, then it returns to normal during the sponsor. Then it gets deep again after the sponsor. That's pretty fun. 😆