California Innovation

California Innovation

Bloomberg ranked all states in terms of innovation and California came in second, right behind Massachusetts, by one point. It's never been a secret that California is a powerhouse when it comes to innovation. We've been so for many generations. While we face multiple challenges in our quest for independence, notably water…

California Vs The American Oligarchy

California vs the American Oligarchy

Thomas Piketty et al., expand on their earlier work showing how the US is entering a new gilded age. The main points are: The bottom half of the country has been shut out from income growth for 40 years. Government spending has helped lift lower incomes, but only a little.…

The Fading American Dream

The Fading American Dream

In the last half century, children's prospects of doing better than their parents has decreased by almost half, from 90% to 50%. The decrease is due much less to the decrease in GDP than it is to the unequal distribution of wealth during that time. If the growth in the…

California Needs A Severance Tax

California Needs a Severance Tax

Thanks to Christian Billson There is a little known fact that California is the only major oil-producing state that does not have a per-barrel oil extraction tax, referred to as a Severance Tax. There was a failed initiative in 2014 for a Severance Tax of 9.5% that could have raised $1.5-2…

The Universal Basic Income

The Universal Basic Income

One item on the CNP platform, the Universal Basic Income, is sure to raise some eyebrows. But it shouldn’t. UBI is not a new idea. It’s been around for a few generations and has garnered broad support spanning the political spectrum, from Friedrich Hayek and the Cato Institute to Martin…

A Socialist Bank In Deep-Red Dakota

A Socialist Bank in Deep-Red Dakota

If you've read the CNP platform, you'll notice it calls for the creation of a public credit union. This is a fantastic idea that reminds me of the success of the nation's only public bank in North Dakota. The BND receives all state taxes and thus has a "captive deposit…

California: Low Dependency & High GDP

All while being the largest donor to the American government. Dependency: 1 = Most Dependent Tax Rates GDP 2016’s Most & Least Federally Dependent States

California’s Advantages

California’s Advantages

Thanks to Mário De Sá Campos We have a GDP of $2.5 Trillion, which makes up 1/8 of the USA's GDP of $18.7 Trillion. We have the sixth biggest economy in the world. With the advent of Brexit, we may slip ahead of the UK and be the fifth. We have…