Sunday, September 1, 2013

The friday unemployment numbers are an event

Look at this chart.  Two interpretations, one, California has not passed the hump and is fading fast. Or two California has gotten its large city back on track.  These opposite futures will not coexist after Friday.

I look for resolution, and I fear that California is not past the hump.  The negative forces of Darrel Steinberg are alive and well in the state, the largest economy in the union. The politicians in DC should take notice, how did DC politics end up waiting on this terrible legislative menace, one Darrel Steinberg, who has completely congested the US economy?

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