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Arnold’s Democrat – John Campbell’s Clarity – Mundell’s out before he was in.
THE FISCAL FUTURE OF CALIFORNIA This week, the FlashReport has been featuring some great original columns from folks we think are experts on California’s finances, and have very real concerns about where we should go from here. On Monday we featured a great piece from Jon Coupal, President of the Howard Jarvis Taxpayers Association, on why the idea of massive infrastructure bonds right now are a poor public policy choice for California. Today, we have a piece from State Senator (and soon to be Congressman) John Campbell, that look as where we should be going, in terms of fiscal policy, after the defeat at the polls of Proposition 76. Campbell, too, opposes a massive bond-obligation scheme without meaningful (and unlikely) fiscal reforms. Tomorrow we will be featured yet another piece from a prominent authority on why the borrowing scheme is a bad one, with some constructive input on handling California’s infrastructure… Read More