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Walters has strayed from his usual "taxes-good Prop 13-bad" mantra, and has offered a good analysis of California's budget dilemma. It's worth reading.
1 posted on 05/15/2009 8:01:57 AM PDT by SmithL
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To: SmithL
here's what CA needs to do (not that ANY of it will happen):

get rid of 10% of all government employees...

10% paycuts for all remaining employees, except those paid more than $100,000 annually. cut these to $100,000.

cut all taxes 25% - income, property, business, etc.

eliminate all asinine government programs. Isn't CA the state with government subsidies for tatoo removal?

cut all state departmental budgets by 10%

auction off leases for off shore drilling

raise taxes on all Hollywood liberals to 90%, for no other reason to piss em off and expose thier hypocracy

control illegal immigration

California would be back in 5 years

2 posted on 05/15/2009 8:21:17 AM PDT by wny
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To: SmithL

In all fairness to California, I don’t get it. Finance at the state level is no different than at the personal level. When you are spending more than you make, you have three options: spend less, earn more, or both. You can always affect the first option immediately. The second and third take more time. Why can’t governments learn that?

If you’re spending more than you make, STOP SPENDING!!!


3 posted on 05/15/2009 8:28:43 AM PDT by Terabitten (Vets wrote a blank check, payable to the Constitution, for an amount up to and including their life.)
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To: SmithL
Saying Arnold has been a disappointment is an understatement. He has morphed into just another liberal.
6 posted on 05/15/2009 12:16:58 PM PDT by Uncle Hal
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