By: Robert Bryce
A few years ago, author and demographer Joel Kotkin declared that “California is a great state in which to be rich.”
Of course, it’s good to be rich anywhere. But California—the province that for decades has led the United States in cultural issues like fashion, gay rights, and entertainment—has devolved into a state where the American dream is being strangled by a phalanx of energy and climate regulations that are imposing huge regressive taxes on the poor and middle class. And worse yet, the state’s vast bureaucracy is imposing yet more regulations that will further tighten the financial noose on Californians.