California Is Not Broken
Posted in Main Blog (All Posts) on December 22nd, 2010 5:31 am by HL
California Is Not Broken
Bill Lockyer and Stephen Levy, Los Angeles Times
In the last month or so, an echo chamber of insults has engulfed California. An online opinion editor for the Wall Street Journal even called California “the Lindsay Lohan of states,” describing our state as having squandered its promise.Critics have suggested the state will default on its debt payments, that it is addicted to spending and that it has a hostile business climate. The criticism is long on inflammatory rhetoric, but it lacks any evidentiary foundation.
