Greetings Economists,
On Jan 6, 2009, at 8:50 AM, Max Sawicky wrote:
Naturally some states were doing fine, others like California are in
the soup.
CA by the way would not be in nearly such bad shape but for their
idiotic fiscal
rules, stemming from their idiotic initiative-and-referendum,
stemming from
their idiotic "center-left" electorate. (The idiotic electorate in my
own super-liberal,
high-income county recently approved a tax limitation law.)
Doyle;
You don't know California well enough to say such things. I assume
you means prop 13, which is a right wing initiative of the early
Reagan neoliberal era. We'll just see how much longer California
suffers under right wing strictures. In any case there is a real left
base to build upon here so I expect change to happen here when things
get critical.
thanks,
Doyle Saylor
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