California’s economy is slowing, and it couldn’t come at a better time. Don’t get me wrong — as a worker, investor, and property investor, I’d love to see the economic good times go on forever. But as someone who has covered the state’s public-policy battles for more than 20 years, I realize this immutable truth: The only thing that restrains the state’s progressive lawmakers is financial hard times. When coffers are full, they spend like crazy and plot far-reaching new programs.
The idea is to keep the state poor because Hispanic failed legislature will cause a crash otherwise.
Hence, Hispanics always have multipliers lower than English Law governments. The difference is checks and balances, Calizuela has none, we are boom and bust. We pay a huge cost for badly educated Hispanic legislatures.
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