Peter Thiel Blows Joe Rogan’s Mind by Explaining the Real Reason California Hasn’t Collapsed

Dave Rubin of “The Rubin Report” shares a DM clip of Peter Thiel explaining to Joe Rogan the surprising reason California doesn’t collapse despite it’s awful governance, and why it’s more like Saudi Arabia than people realize.

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[xenialafleur]

The Republicans in NC are working on getting rid of the income tax. They've been dropping it by 1/4 percent every year.

[NunYa]

The difference is the oil fields dont move. Businesses can move whenever they want.

[natskivna]

The "disease" that is California bleeds over to other states. When the population that is in CA is sick of the cost of living, they sell and move but bring an unnaturally large demand for housing and limited jobs to where ever they move. And in doing so, they also bring lots of cash driving housing costs up to levels the locals can't match. Here in Montana, the cost of housing in places like Bozeman is so high they have literally priced locals out of the market. Native Montanans can't afford to purchase a house in the city they grew up in. Target employees make $25 an hour and up there because otherwise they wouldn't be able to live there...and even then they have to split housing costs. It's a nightmare.

[chuckwalter]

Taking my retirement money and leaving California. Newsom decimated what used to be a beautiful state.

[tomservo]

Tech companies are beginning to leave California.

[ColoradosBackyard]

I went to Tennessee with my family on vacation last year. We ended up walking in downtown Nashville for nearly an hour. Didn't see a single homeless person and hardly saw any litter on the sidewalks.

[flemishpopulist]

Can you imagine how prosperous CA could be if the government got out of the way?

[mh_golfer]

Saying it is stable is a stretch, raising taxes will only work for so long.

[LOLINC]

The California <-> Saudi Arabia comparison is brilliant!
California flourishes in some ways, in spite of all their terrible policies not because of their terrible policies.

[LilGloFrog]

The weather is not worth staying for. The whole state is burning. Born and raised in California and we had to leave last year. Couldn’t afford it anymore. And we lived in the more affordable and conservative northern part. The homelessness, crime, flood of illegals, fires, 110+ degree heat, taxes, insane fire insurance isn’t worth the struggle to stay.

[michellee]

As a Californian who is leaving when my husband retires…PLEASE VOTE RED! Do not let our country turn into what has happened to California. 🙏🏻🇺🇸❤️

[alienboss]

I just moved to Vegas from LA a few months ago. We love it. Built a big house for cheap, one of the best food scenes in the world, lots of fun stuff, friendly people, international airport. The weather is beautiful most of the year. No mosquitoes, hurricanes, earthquakes, tornadoes, or state income tax.

[liberty-matrix]

"We took paradise and turned it into hell. It was very hard to destroy California, it's got huge amounts of timber minerals, oil, natural gas. So it was very hard to destroy that inheritance but we did. We have the highest gasoline process in the United States. We have almost half of the nation's homeless people. We have one-third of the nation welfare recipients. We have the highest income tax, it's sad." ~Victor Davis Hanson

[JoeJordan-th]

When I was a kid back in the 50s and 60s everybody wanted to live in California. Now its a rat hole

[davidanderson]

I grew up in the 50's 60's. Taxes were low as well as great schools and roads.

[roberthart]

As somebody who lives in LA, don’t let the whole Hollywood and celebrity reputation fool you… it’s a dump for the most part

[Icecold]

Vote Blue if you want all of the US to look like California.

[jonathanjacobs]

Mass crime, feces on the street, and a 26 billion hole in the books. Stupid.

[mrca]

I fled CA after 40 years for the Free State of Florida that with no state income tax has a 20 billion dollar surplus. Ca with 14% income tax and second highest gas tax has an 80 billion short fall. Guess where the money goes? MOOCHERS. They vote for elected officials who give them free stuff, preferential treatment and govt jobs with no chance of being fired then huge pensions in their 50%. It is the poster child of Atlas Shrugged and producers are shrugging and heading to Galts.. aka DeSantis...Gulch.

[DaleMeese]

You left out the amount of Fed money that is dumped into California to bail them out.