California’s fiscal wildfire is here. The flames are licking the highest levels of the state capitol in Sacramento. The flames surround the Democrat super majority-run legislature.
Democrats’ profligate spending, greed, and lack of imagination on how to run America’s most populous state have been disastrous. An investment research group says California’s “tax policy is killing the Golden Goose in the Golden State.” And that’s not the only problem.
Governor Gavin Newsom sent billions of Joe Biden’s specially printed, inflation-causing Covid money to voters for “inflation relief” before his latest election. He teed up “free” kindergarten for four-year-olds, and gave out “free” healthcare to illegal aliens. His reckless spending was the fiscal equivalent of putting on a pork chop suit and heading out to the closest dog park. Now, of course, he’ll be blaming this fiscal cliff on someone — anyone — else. Read more…