Governor Moonbeam, California Governor Jerry Brown runs smack into Arthur Laffer’s curve, from Orange County Breeze:

The following information was released by the California Controller.

State Controller John Chiang today released his monthly report covering California’s cash balance, receipts and disbursements in November 2012, showing total revenues were $806.8 million below (-10.8 percent) projections contained in the 2012-13 State budget.

Liberals may try to pretend that economics does not exist, but they can not escape from it.