California has power, California cares

Brad DeLong points us to Macro Advisers, which has now downgraded its estimates for second-quarter growth. As Brad says, these estimates now suggest that we have now gone through a year and a half of “recovery” that has failed to make any progress toward closing the gap between what the economy should be producing and what it’s actually producing.

And nobody in power cares!Krugman

One government action we can take to solve our economic problems would be to default and dismember the California state government. Break the state up into four mini-states and get a fair democracy.  That is fiscal stimulus, and if my 1/5 a Senator Babs wants fiscal stimulus, then have her speak out on under-representation.