week I had a series of appearances in Los Angeles, San Francisco and Seattle. A
couple of observations from that trip:
increases are not anathema, as least to the people to came to my talks. When
the person introducing me at the Seattle Library mentioned that a recent
approval of a tax increase would keep open more library branches on weekends,
there was a round of hearty applause. I heard the same sentiments from people
in LA about the recent vote in their state to raise revenues, I think for
is a draft out of the question to these people. To my surprise, the same crowd
in Seattle that applauded the tax hike also warmly welcomed my suggestion that
the country would benefit from having some sort of draft.
I sensed a kind of nostalgia for the days when government worked, and a
fingers-crossed belief that it still can. It is amazing how potholed
California's highways have become. One woman says she has her wheels realigned
every three months.
sure didn't seem to be any recession in Seattle or San Francisco. But LA's
Westwood neighborhood had a surprising number of vacant storefronts. I don't
know LA well enough to interpret the significance of that. Real estate is the
most local of businesses. I remember a smart guy telling me he only invested in
commercial real estate on the north side of Orlando and stayed away from the
city's south side, which he said was a whole different market, one distorted by
Disney World's force field.