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Global Recession Darkens California Economy

Global Recession Darkens California Economy
A trader works on the floor of the New York Stock Exchange in a file photo. Mario Tama/Getty Images
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Commentary

The signs all are there of a recession hitting California pretty hard. The state budget surpluses of the past two years could be gone and turned into deficits. Unemployment, 4.1 percent in August, could go a lot higher.

John Seiler
John Seiler
Author
John Seiler is a veteran California opinion writer. Mr. Seiler has written editorials for The Orange County Register for almost 30 years. He is a U.S. Army veteran and former press secretary for California state Sen. John Moorlach. He blogs at JohnSeiler.Substack.com and his email is [email protected]
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