The four-part solution for California is clear: don’t raise the state’s crushing taxes any higher; reform public-employee compensation; make use of ample natural resources; and stop the flow of illegal aliens. Just focus on those four areas—as California did so well in the past—and in time, the state will return to its bounty of a few decades ago. Many of us intend to stay and see that it does.Too simple? Let's give it a try for a few years by concentrating on basic governmental services, e.g, education, transportation, and public safety, and by eliminating expensive trophy projects like $100 billion high-speed rail lines to nowhere.
Watch what animal spirits are unleashed. I hope I live long enough to see it.
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