Sunday, May 8, 2022

My home town scholar

Victor Davis Hanson: California Can't Go On Like This

California is sort of like a prodigal son. We've all had members of our family that we love, and we grew up with and we thought they were stable, and then they take drugs or they get wayward, they get in trouble, but we don't disown them. Well, we don't move away from them. We try to work with them and hope they can find redemption.

I think that's what we're doing in California.

That is literally and figuratively.   Economically California may not survive the down turn, it has a bullwhip problem:


 Called the bullwhip and happens because California has enormous negative feedback from the median states.

This economic malady will blow up in the next year or so.


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