USA Today reports that private pay has shrunk to historically low levels, which should send chills down Americans’ spines.  After 17 months, we are finally seeing the anticipated results of Obama’s well-designed policies.  And there are those who still think Obama isn’t intentionally trying to bankrupt the United States through the implementation of government programs, nationalizing of industries, bogus “reforms”–all under the guise of good will and fixing a “broken” system.

The excuse of “Bush created the problems, so we had to spend all this money and implement these reforms” is wearing thin.  And, frankly, if that is true, then why the result of historically low private sector pay and record numbers of people dependent on the government?   Shouldn’t the opposite have happened?  Isn’t that what a stimulus is?  Or, were those supposed stimulus and jobs bills vehicles to facilitate this exact result reported by USA Today?

From the USA Today article:

Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.

At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010.

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California has long had the reputation of being trend-setter to the nation. The Golden State was practicing Obamanomics back when Barack was still called Barry. And now its ways are catching up to it like a hard partier who looks in the mirror one day and sees the portrait of Dorian Gray staring back at him.

Get ready America: California’s unsustainable path is echoed by the federal government. One will crash before the other, giving us all a preview of things to come.

Part of what is slowly destroying California is its move from a land of plenty to a land of locusts. The state taxes and regulates resident companies to such an extreme extent it has driven many of them, and many tax-paying citizens, to other states. For decades California was a place to migrate to. Now it’s suffering an exodus. The fault lies in a political shift from being a conservative, low- tax state to a statist, high-tax nanny state. Californians used to be the freest people in the United States and the world, and now? Not so much. (more…)