California dreaming, of meltdown

So California voters aren’t interested in the state remaining solvent.

Curious.  John Cole observes:

You are a state DOMINATED by Democrats, yet plague us all with the craziest Republicans in the country in Congress, you are lagging behind Iowa in terms of civil rights, and you consistently refuse to outvote the smattering of fanatical anti-tax Republicans who show up to vote down any ballot initiative to balance your budget. Can anyone give me reasons I should feel sympathy?

He shouldn’t.

Megan McArdle notes:

There is a surprisingly sizeable blogger contingent arguing that we have to bail them out because however regrettable the events that lead here, we now have no choice. But actually, we do have a choice: we could let them go bankrupt. And we probably should.

When a state is hell bent on being ungovernable, maybe we should just all sit back and watch for a while?  Eventually things will get bad enough they write a new state Constitution and fix things.

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