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Saturday, September 25, 2010

Why Does California Have Budget Problems?

I wish there was a comprehensive analysis of this question somewhere.
Maybe there is.
The usual suspects

Public employee unions
Public employee pensions
Poor immigrants needing services such as public education and medical care
demographic changes, too many young and too many old
tax policy causes wealthy to move to Florida
Anything else?
Prop 13
unemployment
initiatives of all sorts

So what is the truth? Who has really looked at it carefully?
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