Category Archives: Economics

Partitioning California

It’s not as crazy as The Economist thinks:

No doubt water, pension liabilities and Democrats (who would let this happen over their dead bodies) pose seemingly insurmountable obstacles to partition. But this is a reform movement we hope gains steam over time. The competing interests and priorities of California’s unmanageable, schismatic population are bad for democracy and bad for Californians.

It’s a mess.

ObamaCare

Why it continues to be unpopular:

“Current and former administration officials .  .  . have been surprised at how steadfast the opposition has remained,” the Washington Post reported last summer, quoting MIT economist Jonathan Gruber saying, “It used to be you had a fight and it was over, and you moved on.” But few have moved on, for reasons which are not all that hard to tease out: It’s not working out, in fact it’s a disaster; it’s blowing holes in the federal budget; the win-to-lose balance is way out of kilter, as many more people are hurt than helped by it. Obamacare may collapse on its own for practical reasons, but there is a fourth strike against it that adds a dimension of weakness no comparable measure has faced: Much of the country believes it’s a fraud, passed dishonestly, and not deserving of moral authority. In short, they find it nearly illegal, highly immoral, and possibly fattening. And their minds won’t be changed.

Nor should they be. When you cram the biggest crap sandwich in the history of the world down the county’s throat on a lying, corrupt partisan basis, you deserve to lose credibility and power. Read the whole thing, though.