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The chattering class discovers unsustainable state spending

Check this out:  “This year the state [of California] will directly spend $32 billion on employee pay and benefits, up 65 percent over the past 10 years,” says [economic advisor David Crane]. “Compare...

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A little state with a big mess

Just a couple weeks ago, we posted a story linking to an article in Vanity Fair magazine about the financial disaster in California. We wrote that if a magazine with a decidedly lefty tilt starts...

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