By JOHN A. BOHN
The media repeatedly tells us that California has major problems - an unbalanced budget, a stagnant economy, a depressed housing market, and an unreliable water supply. Yet, the state is home to the world's ninth-largest economy and, with a progressive culture of hope and promise, remains an attractive place to live and work.
California's success is dependent on reliable infrastructure and the availability of water. The state cannot ignore failing water infrastructure or avoid making investments that can provide transcendent benefits for the economy and future generations.