The article critiques California's governors and legislators for enacting major programs without thoroughly considering associated risks, highlighting past failures like the 1996 electric power industry overhaul. While initially touted as beneficial, the reforms led to severe economic fallout characterized by electricity shortages and rising costs. Other examples include the bullet train project and expanded public employee pensions, both of which faced significant financial hurdles. The introduction of Senate Bill 769 raises concerns it could follow the same path of negative consequences due to insufficient foresight and planning.
California's history shows that major initiatives often emerge from behind closed doors and overlook important downsides, risking significant economic consequences for the state.
Many past initiatives, such as the failed electricity reform of 1996, demonstrate how a lack of thorough public input and analysis can lead to disasters that haunt the state for years.
Current discussions around Senate Bill 769 echo the stateâs troubling trend of pursuing ambitious infrastructure projects without adequate foresight into potential negative outcomes.
The pattern of initiating large-scale projects with insufficient scrutiny illuminates a statewide need for more transparency and thorough evaluation of policy consequences before implementation.
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