zlacker

>>pessim+(OP)
This idea is not really new - the California Master Plan for Education essentially promised a free higher education to everyone in California. In 1960. [1]

As these things go, the plan was eroded over time, with the (in)famous Proposition 13 of 1978 dealing a big blow.

[1] https://en.wikipedia.org/wiki/California_Master_Plan_for_Hig...

>>xmddmx+Bo
There is this meme that Prop 13 is responsible for everything bad in California because of course we could pay for anything if we had more money. In reality the CA budget has grown faster than inflation for decades. https://www.statista.com/statistics/313176/california-state-...

>>slavbo+2G
That comparison makes no sense. At the very least you’d want to look at per capita figures.

Prop 13’s impact on the political economy, empowering comfortable boomers, is probably as bad as its impacts on the budget.

>>shuckl+UG
Prop 13 drives real estate prices up and rents while they lag also follow. And that drives the price of labor up as well. Even more malign it discourages muni's from approving housing because the property taxes don't cover the services that muni's have to pay for.

>>Gibbon+jP
> And that drives the price of labor up as well.

This is the real reason manufacturing is leaving the West, not regulation and not evil plan by China. This is also the real reason for culture of thowing away things and not repairing -> a new dishwasher costs £300, but a mechanic needs to charge £100 an hour to pay rent.

If you rent is 50% of your income, the rent is actuslly 75% of your income -> because when you pay for anything, say get a plumber, 50% of your money goes to pay the plumber's rent. If, hypothetically, rents were zero, the plumber would cost twice less. You would have 4 times more money.

>>Clumsy+5y1
But not 100% of your income goes to paying for labour in your local economy. You buy goods and services that are from elsewhere (food from France, entertainment from America) etc.