Where it all went wrong for California

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Where it all went wrong for California

Post by charvaka on Fri Apr 29, 2011 4:07 pm

The Economist special report on California

The perils of extreme democracy
California offers a warning to voters all over the world

Apr 20th 2011 | from the print edition

CALIFORNIA is once again nearing the end of its fiscal year with a huge budget hole and no hope of a deal to plug it, as its constitution requires. Other American states also have problems, thanks to the struggling economy. But California cannot pass timely budgets even in good years, which is one reason why its credit rating has, in one generation, fallen from one of the best to the absolute worst among the 50 states. How can a place which has so much going for it—from its diversity and natural beauty to its unsurpassed talent clusters in Silicon Valley and Hollywood—be so poorly governed?
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Re: Where it all went wrong for California

Post by doofus_maximus on Fri Apr 29, 2011 4:29 pm

thanks for posting..

fascinating to read about the fourth branch..
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Re: Where it all went wrong for California

Post by Propagandhi711 on Sun May 01, 2011 11:40 am

california acted like a golden child that couldnt do anything wrong, for 30+ years. hubris. it is somewhat disingenious for economist to suggest that the kooky liberal types that have a stranglehold on california can bring it back from abyss. in place of the hardy frontiersmen of the past, now they have these crazy liberals that spend inordinate amount of effort legislating against 2 parts in a million of pollutants but think nothing of injecting/inhaling mind altering, body tissue killing shit into their body. guess it's time for them to find out that prosperity comes 'hard' industries and not on vapor-ware, as rest of america is slowly finding out.

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Re: Where it all went wrong for California

Post by Idéfix on Tue Dec 20, 2016 8:15 pm

And now, this: http://www.politifact.com/california/statements/2016/dec/19/jerry-brown/are-jobs-california-growing-hell-lot-faster-texas/

The crazy liberals have brought it back. Meanwhile, in Kansas, the Brownback experiment in putting conservative ideas into practice is falling on its face.
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