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By the time you read this, the Obama administration will, no doubt, have bailed out the state of California. How can we be sure? Because it announced, on June 16, that it wouldn’t bail out California.
As National Review blogger Jim Geraghty often writes, “All statements from Barack Obama come with an expiration date. All of them.” California, like General (Government) Motors, AIG and Chrysler, will no doubt be labeled “too big to fail” and bailed out. If not by now, then some time in the weeks ahead.
That’s unfortunate, because there’s a simple solution to the Golden State’s...
Bending the California Curve
California is proof you can not tax your way to prosperity.
More and more Hollywood Liberals are moving out to Montana, Utah, and other conservative states where taxes are low.
And yet Liberals want to keep raising taxes.