hiHackerInsightsIDEAS FROM PEOPLE WHO BUILD
Back to insights
Business ideas2011-04-28 · Archive

Lessons from California: The perils of extreme democracy

Original English

Where this applies — and where it may not

Original English evidence, selected for practical experience and outcomes. Read the source discussion for context.

From the discussion

“Remember, for 2008, there were no budget problems for CA; our revenue has cratered since then because we're so reliant on personal income.”

@akeefer · View source

Lessons from California: The perils of extreme democracy

@akeefer · 39 points · 33 comments

Read the Hacker News thread

Source: OpenIndex Hacker News dataset (ODC-By). Original content belongs to its authors. Summaries, translations, and suggested steps are AI-assisted editorial work. Read the sources; individual outcomes are not guarantees.