What were the consequences of California’s grotesque spending binge?

Governments at all levels have a hard time complying with fiscal policy’s Golden Rule.

This is the real problem.

Estimating the impact of policies that Biden has implemented.

There are not enough rich people for only class-warfare taxes to finance future entitlement spending.

Republicans decided that the swamp is actually a hot tub.

We need the right kind of entitlement reform/

Pandemic spending encouraged bad fiscal policy.

Is there an appetite for restraint?

And the recipe for more growth.