The State's Economy: Not over yet

I really don't want to dwell on pessimism, especially at this time in my life, but this editorial in the San Diego Union- Tribune is right in line with the way I see the recession in California: It isn't over yet. In fact, I don't see it ever getting back on the plus side, at least in my lifetime.

It seems to me California has painted itself into a corner and there's no way out. I hope I'm wrong.