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The Glories Of American Veto Points

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Although Krugman is of course right to blame a “fanatical, irrational minority” for the current crisis in California, it can’t be emphasized enough that what really matters is the incredibly stupid institutional rules that empower this minority: namely, the idiotic super-majority for tax increases and an initiative system that both created that supermajority requirement and provides incentives to vote for every tax cut while mandating certain kinds of spending because the issues are isolated. Fortunately, the federal level (while it has too many veto points) is not quite at this level yet, and at least the stupid filibuster rule doesn’t apply to budgets.

[X-Posted at TAPPED.]

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