Saturday, 17 August 2013

Californians Should Have Such A Big Chip On Their Shoulders These Days

The NYT's Adam Nagourney has a great story about the comeback of California, and its governor, Jerry Brown, who started his second stint as governor of the state in 2010, when it was famously the poster child for public fiscal collapse.
The state’s budget problems are largely resolved, at least for the short term. Mr. Brown is the dominant figure in Sacramento, strengthened by overwhelming Democratic control of the Legislature and the decline of the Republican Party. He has pushed through major initiatives on education financing and prison reorganization. Even Republicans say his re-election next year seems considerably more than likely.
“Some people were ridiculing California, and some were calling it a failed state,” Mr. Brown, a Democrat, said in an interview. “The unemployment came down from 12.2 to 8.5. Real estate is rebounding. There’s a lot of confidence out there. That’s what happened.”

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