California State Budget Crisis Not Caused by the Recession

by Peter Phillips

The budget crisis in California has been artificially created by cutting taxes on the wealthiest people and corporations. The current “crisis” is a shock and awe process designed to undermine wages and unions in the state and force labor concessions to protect corporate profits.

According to the California Budget Project, tax cuts enacted in California since 1993 cost the state $11.3 billion dollars annually. Had the state continued taxing corporations and the wealthy at rates equal to those fifteen years ago we would not have a budget crisis today.

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Shock Doctrine California Part I,, Part II and Part III

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One Comment

  1. While only secondarily germane to the bigger issues covered in this article, I would like for readers to note that Naomi Klein’s book, “Shock Doctrine,” helped serve to condition the public so that they would “appropriately” frame the upcoming economic destruction, which we are only now finally witnessing.

    Naomi defines the “the shock doctrine” as using the public’s disorientation following massive collective shocks – wars, terrorist attacks, or natural disasters — to achieve control by imposing economic shock therapy.

    What the public is NOT supposed to see is that the economic downfall was manufactured by those who seek to benefit from it. This is territory where Naomi’s book does not venture, as we are not supposed to see the forces that lead-up to these traumatic events, we are only supposed to see the vultures reactions post-event. I must applaud Catherine for presenting the forces that lead up to our present condition.

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