Thursday, September 29, 2016

Where Does the Money Go?

About those government ‘investments’ . . .
by Kevin D. Williamson                                     
The water war in California touches everything: fish and farmers, the Endangered Species Act, political fights between the parties and within both the Democratic party and the state’s rump of a Republican party. But there is one aspect of the problem about which there is broad agreement by everyone from Senator Dianne Feinstein to conservative farmers in the San Joaquin Valley: The state needs more and better water infrastructure.
Question: Why doesn’t it have any?.............
California’s government, like the federal government and most other state and local governments, spends its money on salaries, benefits, pensions, and other forms of employee compensation. The numbers are contentious — for obvious political reasons — but it is estimated that something between half and 80 percent of California’s state and local spending ultimately goes to employee compensation. (Interesting analysis here.) That is where the money goes.............Read more

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