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California - And by Extension the U.S. - Headed for Permanently Smaller Economy

As long as the government thinks it is the smartest entity in town and continues to 'attempt' to manage the economy the Nation will go nowhere, except down, If it would cut its size by one-half, balance its budget, remove most of its rules and laws and regulations that prohibit private growth, cut taxes and just get the hell out of the way we might get back on a growth path. It (the government) contributes nothing to the economy and taxes every item it can till it dies. Until Americans wake-up to this truth we will continue on a path of no growth and maybe our eventual demise.