California Propositions
Election time, so time to make my choices on ballot measures. Proposition 1 The arguments against this bill are compelling. First, a focus on surface water storage via the construction of dams doesn't create any more water: it allows more water to be drained from our otherwise overtaxed rivers. Second, the cost of the bond come from the general fund. Costs of water storage should be paid through water use fees. The real issue is water consumption needs to be reduced, and it's simple economics that be incentivized via increased costs. Subsidizing water use doesn't accomplish this at all. So I am a skeptic about this bond justifying it's in excess of $7 billion cost. California needs to reduce it's excessive rate of water use, and this doesn't address that. No Proposition 2 This is supposed to be a "rainy day fund" for the state. Unfortunately, when there's "rainy day funds" there's the incentive to conclude a lot more days ...