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 Post subject: Krugman: California Ruined By GOP, Rest Of Nation May Follow
PostPosted: Tue May 26, 2009 10:30 am 
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Krugman: California Ruined By GOP, Rest Of Nation May Follow

California, it has long been claimed, is where the future happens first. But is that still true? If it is, God help America.

The recession has hit the Golden State hard. The housing bubble was bigger there than almost anywhere else, and the bust has been bigger too. California's unemployment rate, at 11 percent, is the fifth-highest in the nation. And the state's revenues have suffered accordingly

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"Behind every great fortune lies a great crime."
Honore de Balzac

"Democrats work to help people who need help.
That other party, they work for people who don't need help.
That's all there is to it."

~Harry S. Truman


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