California State of the State: A High Speed Train of Taxes and Spending
California Governor Jerry Brown boldly championed an unabashedly liberal agenda throughout his 16th—and final—State of the State address. The governor declared, “California is prospering,” a stark turnaround from the economic…
State of the State: California
The governor is right: we cannot “construct some alternate universe of non-facts that we find more pleasing.” California’s economic outlook currently ranks 46th nationally, according to Rich States, Poor States. Ignoring the impending fiscal collapse due to unfunded pension liabilities, failing to reduce the onerous tax burden, and pretending that a state carbon emissions crackdown will alter global climate only will force others to flee Governor Brown’s vision of the future.