Thursday, July 2, 2009

Financial Sunset in California

I've got a piece today over at TCS Daily on the budget crisis in California. The state is set to begin issuing IOUs at 2pm Pacific time today. I conclude that CA's budget crisis could presage the likely outcomes for the US Federal government is nothing is done about spending, Social Security, or Medicare/Medicad costs.

I'll try to tweet updates on CA via www.twitter.com/apumich

No comments: