Will California become America's first failed state?
As a native Californian, this article hit home pretty hard. It’s a good overview on what’s facing The Golden State over the coming months, years, and decades. While it ends on a hopeful note, the realities of the current situation are scary in their implications.
Los Angeles, 2009: California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong?