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Originally Posted by Cali Coug
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So that's a scientific, peer-reviewed article establishing a causative link between California's economic demise the plebiscite laws of California?
Yes, people complain about the initiative formula of California but I truly doubt it's the main factor in California's economic demise. However, spending too much sure sounds much more plausible. And for that, it doesn't take a regression analysis. If you spend more than you take in over a long enough time, when it's time to pay it back, you won't have enough. Seems simple enough.
Go ahead, fish for boogey-men elsewhere.