July 7, 2014

JOEL KOTKIN: ONE-PARTY RULE IS BAD FOR CALIFORNIA. “Forty years ago, Mexico was a one-party dictatorship under the Partido Revolucionario Institucional, hobbled by slow growth, soaring inequality, endemic corruption and dead politics. California, in contrast, was considered a model American state, with a highly regarded Legislature, relatively clean politics, a competitive political process and a soaring economy. Today these roles are somewhat reversed, and not in a good way for the Golden State.”

The Political Class will ruin everything, given the chance.