Today's Must-Must Read: Alice Rivlin: Monetary and Fiscal policy in a Post-Inflation World

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Live from La Farine: Alissa Walker: Here Are the Water Restrictions California Should Have Passed Today: "After confronting the truth that we have only one year of water left, California passed new water restrictions today which are WIMPY AS HELL...

...Here, California, I fixed them for you.... Let's get real. Here's what California needs to do now: Kill all lawns.... That includes golf courses.... And also car washes.... Require cities to landscape with native plants.... Implement lawn 'buy back' programs.... Ban the bottling of water in the state.... Mandate enforcement of water restrictions.... Launch a #waterhog campaign.... Appoint a water czar....

Assemble a tech task force: Where is the Hyperloop for water? Why aren't there more desalination startups? Who is promoting dietary alternatives to meat and almonds and all the other resource-sucking foods which are parching the Central Valley? We have no shortage of people who are working every day to tackle stunningly brilliant solutions to the world's problems. Let's get them working on the biggest issue the state has ever confronted...

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