Comments on: SF leads the way https://calwatchdog.com/2010/07/05/sf-leads-the-way/ Mon, 05 Jul 2010 16:41:31 +0000 hourly 1 By: John Seiler https://calwatchdog.com/2010/07/05/sf-leads-the-way/#comment-1668 Mon, 05 Jul 2010 16:41:31 +0000 http://www.calwatchdog.com/?p=6455#comment-1668 Alas, as I’ve been predicting here on CalWatchDog.com, the economy keeps getting worse. That’s what’s going to be driving state and local budgets. Unions will be helpless as the high tax revenues they have come to rely on decline even further, and tax increases backfire by hurting the economy more.

Here’s that CalWatchDog.com column I wrote on the effects of a crashing economy. Since then, all sorts of signs of an economic “double dip” Depression have been in the news, as you may have noticed. You read it here first:

http://www.calwatchdog.com/2010/06/21/new-state-recovery-still-iffy/

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