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Government debt growth in California

JUNE 28, 2018 | by David Crane | FULLERTONWATCH (CALIFORNIA)

“Yesterday my Democratic Party tweeted that California was 'paying down debt.' Not true. … The consequences of increasing debt are decreasing shares of government budgets being available for services, illustrating Thomas Piketty’s point in Capital In The 21st Century that debt 'devours the future.' …”

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