California, New York New Jersey: What went wrong?

This is a tale of three states — California, New York and New Jersey. They are states with strong economies and large populations, yet they are financial and fiscal basketcases. What went wrong? The Albany-Trenton-Sacramento Disease (Wall Street Journal, June 26, 2009) Normal 0 false false false MicrosoftInternetExplorer4 st1#92;:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-s

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