How unhealthy is California's economy?
If you enjoy seeing California suffer then you should study the data charts聽聽 We appear to be collecting less tax revenue and are making greater local assistance transfers. 聽An alternative source of information on the state of the economy is聽. 聽This is Ed Leamer's pulse index. 聽The recent news for the Pacific states looks a bit better.
This budget information matters for UCLA because we continue to take $ from the State. 聽I am on record stating that this is a mistake. We need to go "cold turkey" and not accept another dime from the state. 聽To quote Mel Gibson, "Freedom". 聽
If UCLA chooses my path, we will continue to educate hundreds of thousands of Californians and the quality of education will improve. 聽Yes, the price will go up but nothing worth buying is cheap (except for blog posts!). 聽 聽UCLA has been too kind to incumbent residents of California. 聽There are millions of other possible students who currently don't live in California. 聽If they are admitted and attend UCLA, they may choose to remain in California. 聽Such in-migration will increase the human capital base of California and this will encourage economic growth.
