Problems run amok at all levels in the government. Years of outrageous healthcare benefits, pensions and salaries have made municipalities so broke that they cannot afford to pay for police, firefighters or even garbage collectors. It’s been voted the worst state to do business by CEOs for 7 years now.
It is evident, California is doomed.
Are your projections as bleak as ours? Check out our infographic and tell us what you think!
Update from Rob Rawson (founder of Staff.com) on this infographic:
Hi guys. I wanted to share with you my honest thoughts about this infographic after I posted it, and now realize it is not an authentic representation of what I believe. Let me explain:
I created the infographic because I thought it would spread like crazy. I thought that people would be interested in the topic and would share it because of the sensationalist and obvious link-bait headline “California is Doomed!”. However it really didn’t get as much interest as I had hoped, and one reason is because it’s not authentic. I don’t really believe California is doomed (not yet at least). There are too many strengths of the Californian economy for it to be “Doomed”. However I do think that the points in the infographic are valid, and it could lead to it’s eventual doom if the situation gets worse over many years. There are some really worrying things about California, in particular the unfunded pension liabilities, the high taxes, the high prison population and the other points in the infographic.
There are powerful strengths of California’s economy, such as Apple, Google and dozen other tech companies. Anyway, those are my genuine thoughts and I’m sorry for being inauthentic when creating the infographic.
Rob Rawson is a co-founder of Staff.com, a global recruitment platform where you can access very talented staff at affordable rates. They also have a technology called Time Doctor which is software to improve productivity and help keep track and know what your team is working on, even when working from home.
Rob resides in Sydney, Australia but can also be found in major cities around the globe, like Paris, Kiev or San Francisco.
Find Rob on Google Plus