California: State of Paralysis

By Paul Krugman

http://www.nytimes.com/2009/05/25/opinion/25krugman.html?_r=1

EXCERPT: Who would have thought that America’s largest state, a state whose economy is larger than that of all but a few nations, could so easily become a banana republic?On the other hand, the problems that plague California politics apply at the national level too.