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To: grey_whiskers
As recently as 2007, when Ah-nuld was sworn in for his second term, the US budget deficit (the part on the books, anyway) was $162 billion. So California has managed to run up a debt of about 1/4 that of the whole Federal Government within a comparable slice of time!

Author doesn't understand the difference between deficit and debt.

5 posted on 03/29/2009 8:15:51 AM PDT by Sherman Logan (Everyone has a right to his own opinion, but not to his own facts.)
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To: Sherman Logan
Nah, I was on vacation and had to dash something off quickly whilst at the hotel before my wife came looking for me.

Cheers!

6 posted on 03/29/2009 2:16:42 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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