How Did California Screw Up Its Budget This Bad?

It is very attractive to go after billionaires. It's easy to be like, oh, just take it from them. But it's not going to address the larger issue, which is that California's budget is in a really unhealthy place, especially when we look forward ten years. You're a math person. Yeah. How did they screw it up so bad? I used to live in California 24 years. Part of it is it's always easy to say we'll catch up in the future. States don't get to run deficits. They can only accumulate so much debt. They can't declare bankruptcy easily. They can't print more money. Like at federal level, we can print more money. So if you, say, get cheaper salaries today promise someone a pension in the future, you can be like, oh, it's gonna be fine. We'll be able to catch up with in the future. But those obligations come due eventually. And if you haven't planned for it over time, then you get stuck with someone else gets stuck with the bill.