The private sector is facing a very bad economy that has dropped the
real wages to a 20-year low. The average weekly private sector wages have fallen 1.4% throughout the country for 2009.
In Colorado, the minimum wage as been reduced for the first time since in the inception of the minimum wage in 1938.
Millions of private sector retirement plans have gone from being a 401k to becoming a laughable 201k – or even worse.
Unemployment is reaching 13-percent throughout California, as businesses are fleeing a state that has saddled them with the ’solo-responsibility’ for California’s recovery.
As a whole, the Golden State is coming to a realization that government regulation has made it impossible for profitability.
And, as the private sector asks for relief, there are no rescuers coming from the public employee union members.
Read the full report at "THE BATTLE FOR CALIFORNIA'S FUTURE".