supported by tax dollars, producing things no one buys.
great economic model!
His promised legacy was to “Blow up Boxes in Sacramento”.
His actual legacy will be bankrupting the Golden State.
Did they change their name again?
Maybe "The Sacramento AIN'T NO MORE" is next.
Has the governor heard about the broken windows economic fallacy? This well known fallacy contrasts the benefits from a broken window to the hidden costs associated with destroying property of others. The left has destroyed the ability of traditional power plants to generate power. The benefits are easily seen as evidenced by the bubble in renewable energy. The left is desperately trying to hide the costs: higher utility rates, movement of energy intensive industries, and even pollution levels that have actually increased due to inefficient usage remaining traditional power plants.
Every government unit pursuing this green strategy has the illusion that it will offset its hidden costs by exporting its green technology to other government units. Some government units will be successful but most will not. In the long run, China seems to be the only major winner on this account. At some point, the green bubble will burst even for the successful government units. The green industry is heavily dependent on government subsidies and mandates. Given difficult economic times, these subsidies and mandates will decrease and perhaps just be shutoff entirely as the public realizes the real costs of fraudulent green energy claims.
California voters had lots of wishful thinking in November. The majority deluded themselves about the Democrats having the ability to make the harsh economic reality stop. Perhaps if rats had still maintained control in Washington, this delusion could be maintained for a few more years. It is now likely that California will begin down the road of public debt defaults starting at the local level. The state legislature will prevent cities from declaring bankruptcy to rationalize their pension debt. It looks like a GM scenario again in which bond holders get shafted.
Girly Man RINO won’t be BACK!!
And, I'm guessing, thousands of companies that will have to leave Kalifornia because of draconian hoax-based global warming laws that will cost hundreds of thousands or millions of jobs.
The Job Terminator should check on Spain's experiment with “green jobs” before throwing them out the window in the name of junk science.