The Economist knows all about California

The Economist is a weekly news magazine from England. Unlike Time and Newsweek, the Economist still does real news mixed with a bit of liberal editorializing. This week they focus on the woes of California. Initiative, referendum, and recall, 19th century reforms, are 21st century disasters according to the Economist. "Too much democracy is bad." They go on to explain that initiative laws cannot be changed by the legislature and once passed, they live forever. Initiative proposition 13, the Howard Jarvis tax cap from the '70's is dissected in detail. Prop 13 put a 2% per year limit on real estate tax increases. This so impoverished municipal governments that Jerry Brown (governor back then) stepped in and offered state funds to the municipal governments to keep their payrolls intact. This had the effect of centralizing all budget decisions in Sacramento.
And that, in a British nutshell, is how California became a basket case. It's all because of initiative petitions.
That's a turn around from the American history they taught back when I went to school. In those days, initiative, referendum and recall were presented as true reforms of corrupt state governments and saviors of democracy.
There has to be more too it than that. Clearly the forces in favor of spending overwhelmed the forces of low taxes in California. The Economist says little about who the forces were (are), how numerous each side is, and what the crucial battles were, and how the forces of tax restraint lost them, or perhaps never even came out to fight. Despite being journalists themselves, the Economist says nothing about the role of the California media in informing the voters. They don't talk about the Gray Davis recall and the Governator. And why Arnold was unable to get the legislature to cut spending, or even pass a budget. Nor do they talk about the great California electric price controls and electric deregulation, which so reduced capacity as to cause rolling blackouts. Nor the greenies who obtained a law that makes virtually everything "known to cause cancer by the government of California." They never mention the name of Victor Davis Hanson, noted CA resident, author and blogger.
Bottom line. The Economist bloviates just as much as the rest of the MSM.