California’s Budget Meltdown — How a $165 Billion Error Changed Everything скачать в хорошем качестве

California’s Budget Meltdown — How a $165 Billion Error Changed Everything

California once celebrated a historic budget surplus. Just two years later, it found itself trapped in a deep and persistent fiscal crisis. In this episode, we break down how a $165 billion forecasting error reshaped California’s financial future and why the crisis didn’t end when the headlines faded. From pandemic-era revenue spikes to volatile tax structures, from temporary fixes to long-term consequences, this story reveals how confidence turned into vulnerability. This isn’t just a story about numbers on a spreadsheet. It’s about shrinking margins, deferred decisions, and the quiet ways a budget crisis spreads into everyday life. Why does California remain so exposed to economic shocks? How did short-term optimism harden into long-term imbalance? And why is this crisis still unfolding, just in a different form? Watch until the end to understand why California’s budget crisis isn’t over, and what the next phase could mean for millions of residents, businesses, and local governments. 👇 Share your thoughts in the comments and let us know: Do you think this crisis was unavoidable, or the result of preventable decisions? Note: This video was generated with the assistance of artificial intelligence and is a fully fictionalized, narrative-based analysis created for informational and entertainment purposes only.