Del Beccaro: Kamala’s California Way Is an Economic Dead-End for All
At the outset of the Biden/Harris Administration, much was said of the “California Way” and that they wanted to use it as a model for the country. The centerpiece of their economic plans was and has been government action and spending. The result, however, has been an economic dead end.
California rose to prominence in the last half of the 20th Century. The private sector flourished in concert with bold infrastructure improvements championed by Democrat Edmund G. Brown, Sr. – improvements that fostered economic growth. At the same time, California’s university and college systems were the envy of the country.
In time, California’s economy vaulted into the top 5 of all economies in the world. With that, California’s wealth grew immensely and, as is frequent in history, so did its government. America’s federal government has followed a similar path.
Then the story changed.
