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De Omnibus Dubitandum - Lux Veritas

Thursday, April 4, 2013

Stockton Was Murdered

Terry Jeffrey Apr 03, 2013
Were a rational person given the assignment to search this planet to find the best place for human beings to live and build wealth, he might well settle on San Joaquin County, Calif.   That is where Americans built a city called Stockton -- the municipality a federal bankruptcy judge just declared dead.   How did Stockton die? It was cold-blood murder…….In Stockton, as in many other American cities, government became the dominant industry.   Data developed by the Census Bureau on the economic characteristics of Stockton in the years from 2007 to 2011 show that the city had an adult population (16 or older) of 212,365. Among these, there were only 84,204 private-sector wage and salary workers and another 6,927 people who were self-employed in their own unincorporated businesses.  That added up to 91,131 people in Stockton working in the private sector for a wage or salary or for their own business.   Another 18,778 in the city worked for government, and 11,426 collected food stamps.
Assuming (for the sake of argument) that none of the government workers were also collecting food stamps, there was a combined 30,204 government workers and food stamp collectors in Stockton. Those 30,204 people living off the taxpayers in the city equaled one for every three private-sector workers and self-employed business owners…….A little more than two years ago in this column, I wrote that government had killed the state of California. That crime has now been repeated on a municipal scale. To Read More…..

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