California Waste, Fraud and Abuse: Larry Elder Explains the REAL Affordability Crisis

California already had the highest gas prices in America before the Iran war—so why is Gavin Newsom blaming foreign conflict for a homegrown crisis? Larry Elder joins Shabbos Kestenbaum to break down what’s driving California’s affordability collapse: taxes, regulations, a worsening homelessness problem, outbound migration, and a state budget heading toward an $18B shortfall.

They also discuss the proposed “billionaires wealth tax,” why major companies and high-income residents keep leaving, the “homelessness industrial complex,” and how one-party rule in Sacramento shapes everything from the cost of living to public services.