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Totaled Recall
IBD Editorials ^ | July 22, 2008

Posted on 07/22/2008 8:15:58 PM PDT by Kaslin

California: What has changed since Golden State voters ousted Gray Davis and cast their lot with Arnold Schwarzenegger's star power? Not much — except for $41 billion in new spending.


What's big, blue and red all over? The great, Democrat-dominated and profligate state government of California. At a point when most state lawmakers and chief executives have put their budgets to bed, neatly balanced, and taken off for some R&R, the Legislature and governor of California are still wrangling over a budget that is roughly $15 billion out of balance.

This is nothing new. We've been hearing about these budget gaps, delays and political standoffs since before the current governor took office just under five years ago.

That fact gets us to thinking. Do we owe poor Gray Davis an apology? Maybe not for criticizing his performance, which was far from stellar. He was part of the problem that voters thought they could solve by recalling him in 2003 and installing Schwarzenegger.

But it's clear now, to give Davis his due, that recalling him solved nothing. The state is locked in the same boom-and-bust cycle that brought Davis down. Its economy is sagging, and the jobless rate soared to 6.9% in June, well above the national rate of 5.5%.

All this trouble will only be compounded if the Democrats get their way and push through an $8.2 billion tax increase on business and personal income.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Editorial; US: California
KEYWORDS: arnoldlegacy; calbondage; calbudget; graydavis; recall; schwarzenegger; totalrecall
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1 posted on 07/22/2008 8:18:01 PM PDT by Kaslin
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To: Kaslin

Arnold has been a bust to California. And now he’s willing to work in an Obama’s administration, if that comes to past? Arnold is a democrat wolf in a republican sheepskin.


2 posted on 07/22/2008 8:22:30 PM PDT by rawhide
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To: Kaslin

the business professor has a good point.

life hasn’t improved since 2004.

the unions and the bloated city, county and state governments

impoverish the citizenry.


3 posted on 07/22/2008 8:24:23 PM PDT by ken21 (people die and you never hear from them again.)
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To: Kaslin
Arnold had to increase spending by astronomical proportions to keep the debt-service ratio down while selling his big-bond-borrowing-bonanza!
It's a good thing, doncha know?


4 posted on 07/22/2008 8:28:27 PM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: calcowgirl

folks voted for Conan the Barbarian and got Conan the Librarian instead..


5 posted on 07/22/2008 8:31:36 PM PDT by NormsRevenge (Semper Fi ... Godspeed ... ICE toll-free tip hotline 1-866-DHS-2-ICE ... 9/11 .. Never FoRget!!!)
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To: NormsRevenge; SierraWasp; ElkGroveDan; Czar; tubebender; Carry_Okie; CounterCounterCulture; ...

I read speculation that Arnie may look for a hasty exit (eg. Obama or McCain’s energy czar)
and hand the keys over to Garamendi, giving Garamendi an almost-lock on winning the 2010 election.

With friends(R) like these...


6 posted on 07/22/2008 8:34:55 PM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: rawhide

This is essentially unfair to Arnold. The first thing he tried to accomplish when he was elected was to pass a referendum that limited government. The Kalifornia voters rejected it! So they will get what they and every other socialist deserves, penury, chaos, and crime.


7 posted on 07/22/2008 8:37:33 PM PDT by CyberSpartacus
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To: Kaslin
8.2 billion in new taxes if the Democrats get their way...
= more people and businesses leaving CA = more red ink
8 posted on 07/22/2008 8:38:19 PM PDT by smokingfrog
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To: CyberSpartacus
This is essentially unfair to Arnold. The first thing he tried to accomplish when he was elected was to pass a referendum that limited government. The Kalifornia voters rejected it!

Unfair? I think it's mild!

If you're talking about Prop 76, it did NOT limit government. It authorized more borrowing and supported spending higher than we have today. It had everything to do with locking in the debt payments on the "economic recovery" bonds so that he could justify even more borrowing. Voters rightly rejected it.

If you're NOT talking about Prop 76, can you provide a citation of the referendum you are referring to?

Arnold's first act was actually to KILL a spending cap measure that was going through the legislature, instead pushing for his $15 billion dollar Prop 57/58 borrowing scheme.

9 posted on 07/22/2008 8:42:03 PM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: rawhide

Let me sum it up this way, “Arnold Sucks.” He is simply Gray Davis with dyed hair. Guarantee that this governor will get in bed with the Dems and approve a tax increase. Our only hope is if the Republican legislators hold out as the Dems need a few of them to vote for a tax increase. Watch Arnold get ticked off at the Republicans. Arnold fits in well in the Kennedy clan.


10 posted on 07/22/2008 8:47:51 PM PDT by CdMGuy
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To: calcowgirl
I'd love to rub that in the noses of the Arnold-bots who smeared McClintock supporters with the baseless charge of supporting Bustamante.

With friends(R) like these indeed.

We are sooooo screwed.

11 posted on 07/22/2008 8:51:58 PM PDT by CounterCounterCulture (Don't blame me... I supported Tom McClintock)
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To: CounterCounterCulture
We are sooooo screwed.

That is the one thing that is certain.

WASS!

12 posted on 07/22/2008 8:55:06 PM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: calcowgirl

Who’s the girlie man now Arnie?


13 posted on 07/22/2008 10:19:57 PM PDT by DoughtyOne (Oh my coolaide has a fist name, it's B A R A K, my coolaide has a second name it's J U A N Y...)
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To: Kaslin
Most Californians are happy with Democrat rule. They'll vote mindlessly for Obama in November.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

14 posted on 07/22/2008 11:04:42 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Kaslin; All
Well, in light of the way events have unfolded, I still feel a little sorry that I promoted Ahnold, way back when:

-Total Recall- the Gray Davis Soap Opera--

Live, and learn...

15 posted on 07/23/2008 1:04:32 AM PDT by backhoe (Just an old keyboard cowboy, ridin' the Trakball in to the Sunset...)
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To: calcowgirl; NormsRevenge; SierraWasp; ElkGroveDan; tubebender; Carry_Okie
The Austrian socialist no longer has a shred of credibility left. Just another hack politician pandering to the special interest group(s) of the moment.

If anyone ever needed a "hasty exit" it would be this jackass. The sooner, the better.

16 posted on 07/23/2008 11:27:43 AM PDT by Czar ( StillFedUptotheTeeth@Washington)
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To: NormsRevenge; calcowgirl

Very good, Norm!!! What a dope smokin, gurleyman, sleepin with the enemy of conservatism he’s been all along! The swooners sucked in a little too hard on that gigantic koolaid straw! Even the ones on FR!!!


17 posted on 07/23/2008 11:36:15 AM PDT by SierraWasp (I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
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To: CyberSpartacus; Carry_Okie; calcowgirl; ElkGroveDan; NormsRevenge
"The first thing he tried to accomplish when he was elected was to pass a referendum that limited government."

I'm sorry. I don't want to come off as "disagreeable," but you are way off on this as the first drastic measure he signed into law was to spread another totally unnecessary layer of government expansion over 1/5th of CA's map in the form of his outrageous Sierra-Nevada CONservancy!!!

I wish you'd have paid better attention to the multitude of governmental expansions he has enacted while promising to "blow up those boxes!"

By the time people got a chance to vote on his ballot measures, they were already meaningless because of all the GovernMental EnvironMental nonsense he had already enacted... To say nothing of all the leftist Democrat judges and other officials on huge salaries he gleefully appointed to demonstrat his disdain for his own Party!!!

This IBD editorial is way... WAY overdue!!!

18 posted on 07/23/2008 11:45:53 AM PDT by SierraWasp (I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
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To: Kaslin
California can't be fixed until districts are redrawn to eliminate the perpetual one-party ownership that results today.

But the Democrats won't have it - and many Republicans in safe seats like it, too, despite the fact that it keeps them permanently out of the majority.

19 posted on 07/23/2008 11:49:36 AM PDT by Mr. Jeeves ("One man's 'magic' is another man's engineering. 'Supernatural' is a null word." -- Robert Heinlein)
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To: CyberSpartacus
The first thing he tried to accomplish when he was elected was to pass a referendum that limited government.

Oh really? What "referendum" would that be?

If you are thinking Prop 76, it wasn't designed to work as advertised. Remember too, that it was submitted AFTER borrowing $15 billion with the promise to "cut up the credit cards." Every budget Arnold has submitted since then has increased spending faster than Gray Davis, with the exception of Davis' first budget after voter mandated spending increases pursuant to Proposition 8.

20 posted on 07/23/2008 12:00:37 PM PDT by Carry_Okie (G-d gave us Law a fool could follow, but a genius couldn't comprehend)
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