January 26, 2009
Reuters quoted Professor Dowell Myers about the state of California's economy. By some accounts, the current crisis could bode well for the state's future, as problems may spur needed reorientation of the economy. "What people may think is that you can't really solve the problems in California until you totally wreck the train," Myers said. "You have to shake them up, wake them up. The outlook is very hopeful right now because this crisis is forcing a long-overdue reassessment." The story also quoted a USC graduate student on her view of the state.
Reuters quoted Professor Dowell Myers about the state of California's economy. By some accounts, the current crisis could bode well for the state's future, as problems may spur needed reorientation of the economy. "What people may think is that you can't really solve the problems in California until you totally wreck the train," Myers said. "You have to shake them up, wake them up. The outlook is very hopeful right now because this crisis is forcing a long-overdue reassessment." The story also quoted a USC graduate student on her view of the state.