Austerity's Hidden Purpose & From California Economics to Bidenomics (tags)
For governments pursuing austerity, spending cuts mean lower national income and fewer taxes. Unlike a household or a business, if the government cuts its spending during tough times, it is cutting its revenues, too.
The Proposed L.A. to Palmdale High-Speed Train (tags)
“In Tokyo they had the bullet train back in 1964--this is 2007. We’re way behind, and we have to catch up.“ – L.A. City Councilmember Tom LaBonge