Arnold may be good at protecting John and Sarah Connor from cyborgs, but he's facing an even bigger threat with California's budget. California is an odd state. The Hollywood machine alone makes the state something of an economic engine all in itself. I mean, how many billions, trillions pass through the Hollywood machine daily?
All of that money alone could certainly fix things. And that's the problem. We will gladly pay an actor millions to play a single role. But we dare not throw that kind of money at the homeless or at healthcare, where it could do some good and help fix things.
In short, our priorities are messed up. And California is the perfect example of this. Maybe the Governer should hold a pledge drive and get some of these actors to give some money back. After all, we created them and watched their consistantly crappy movies.
And because things are out of whack. Namely our priorities, here's some of what Californians can expect. Larger class sizes, fewer police on the streets and more public offices shut down on weekdays. Just to name a few.
I'm not suggesting that the Hollywood machine is solely to blame. But it's a good example of how our priorities have been screwed up for a while now. America needs to get it's priorities straight and focus on the things that are important. It's just what you do during tough times.
We are all about Wealth here at WR, butyou can't enrichen a select few who make crappy movies, while your country is crying out in pain. Hmmm. Maybe an actor tax…
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Comments
3 Comments so far
Throwing money at the homeless doesn't fix the problem. Some people, no matter how many millions they are given, can squander it. I'm not interested in my or anybody else's money being thrown at a lost cause. Actors deserve their salary just as much as I deserve mine. Sure, I'm jealous that theirs is 100 times what mine is, but I could have taken acting lessons instead of going to college. We all live from the choices we make. The homeless deserve the fate of their choice just as much as I deserve mine. Neither I, nor anybody else, rich or poor should be held responsible for choices that are not their own.
Deeper cuts & higher taxes on the poor and the middle class in California will only increase the budget deficit. That is because the American people are overly stretched now. They just have no more to give. That means companies will not be able to sell their services & goods. And if you cut critical services, deeper & more costly problems will increase tremendously. So the simple solution is to tax high income earners. If you fail to do this, high income earners will pay dearly anyway. If you do tax high income earners, you will get a small down payment from CEO’s & executives that have been taking advantage & abusing the American people. In the future, the American people will invest in much safer investments especially the 401k, 403b, etc. investors. We simply will not invest in companies that pay their executives and CEO’s high &, enormous out of balance salaries & bonuses.
Taxing the high income earners will only cause them to tighten their belts even more, which will cause further reductions in production and further job cuts which will cause the economic downturn to continue.
The American people are just about fed up with their 401k's because they are taking a bath on them. But what is a 401k except an investment in a business anyway? Everything is connected, and you can't blindly think that a 401k is a safe investment if you are sabotaging the very thing that your 401k is invested in! 401k's are not safe, and the American people know it.
Investment is slowing down because Americans are scared to put their money into anything that they do not have confidence in. When investment goes away, so does economic growth. Blaming high income earners, of which successful investors are a part of that group, for the problems is folly and is not close to the problem.
The problem is that the governments are cutting critical services rather than non-critical services. They should cut the non-critical services first. Honestly, most government services are non-critical in the first place. They should cut the funding for the statue in the park but instead they cut spending on road maintenance. Nobody looks deeper into the budget and realizes the huge amount of useless crap that they could be cutting.
If the governments cut spending the American people will have more money in their pocket. That is an undeniable fact. Regardless of what kind of economic philosophy you believe, you should always be for less government spending.