Intellectuals are supposed to speak truth to power. Unfortunately, some seem to be more interested in saying what everyone expects…
When revenue shrinks by 1 percent of GDP and spending increases by 51 percent over 10 months, you get a…
There’s no doubt that this pandemic-induced recession is hitting states hard. But that’s no reason to bail them out, especially…
A report released Thursday by the Government Accountability Office (GAO) confirms in exhaustive detail the shortcomings, vulnerabilities, and wastefulness that…
Sacramento After yet another rough wildfire season, it’s hard to say no to pretty much anything that California’s firefighters and…
Sacramento Over the last nine years, California has boosted its spending on public schools and community colleges by 80 percent,…
The Federal Reserve sold another $75 billion in overnight repurchase agreements (repos) on Wednesday, with demand dramatically overwhelming supply. And…
This year, the deficit will end up being the fourth highest in U.S. history. It’s gigantic, and it will hit…
Congress can’t stop spending money. Even on projects that the Trump Administration does not want or need. Right now, the…