Blue State Blues: California's Insurance Debacle and Gavin Newsom's Future

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Blue State Blues: California's Insurance Debacle and Gavin Newsom's Future
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'California should be heaven on earth, but is en route to becoming the proverbial hell on a road paved with good intentions.'

California Insurance Commissioner Ricardo Lara — who

The intention — to give Lara the benefit of the doubt — is a noble one. Homes are already absurdly expensive in California, as is the cost of doing business. Keeping insurance premiums down is a nice idea. That is basically how California functions: our government creates laws and regulations that theoretically aim at some inspiring social goal, but which, in practice, make that goal impossible to achieve.By closing its fossil fuel plants, California has created artificial power shortages in peak demand, when electric cars can’t be charged, and the state mustOr another example: the streets of San Francisco and Los Angeles are filled with homeless people, and retail districts are plagued by theft.

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