Matters of Policy & Politics

Area 45: Lee Ohanian: Blue State, Red Ink

The poor tax and fiscal choices that are partially responsible for the Golden State finding itself awash in red ink.

Matters of Policy & Politics•May 9, 2020
Area 45: Lee Ohanian: Blue State, Red Ink

California’s current fiscal plight – a record $54.3 billion dollar budget deficit for this year and next – raises the question of how much the coronavirus is to blame. Lee Ohanian, a Hoover Institution senior fellow and a weekly contributor to Hoover’s “California On Your Mind” web channel, discusses the poor tax and fiscal choices that are partially responsible for the Golden State finding itself awash in red ink.

Did you like the show? You can rate, review, subscribe, and download the podcast on the following platforms:
Podbean | Apple Podcasts | Stitcher | RadioPublic | Overcast |Google Play | Google Podcasts | Spotify | RSS

Cast

Lee Ohanian

Lee Ohanian

Related

Public Choice And Politics Without Romance Featuring Mike Munger

Would you give the politician you trust least the same powers you want government to have?

September 28, 2026

Articles

Political Economy In Financial Regulation

Interest-paying electronic money, completely safe without deposit insurance, would be a great thing. For example, Silicon Valley Bank would never have had huge uninsured deposits that ran if there had been an easy safe place for large depositors to put their money.

September 22, 2026

Videos

Real Interest Rates and Fiscal Prudence 

Ken Rogoff says he was right about secular stagnation, real interest rates, and what it means for fiscal policy. 

September 25, 2026