The man is absolutely fabulous. Tell me that any of those bozos that ran against him could have had as much success so soon as Arnold.
just more loans, more bonds and higher fees...
more taxes are inevitably on the way...
Cutting spending will cure deficits ... it's the one solution that has not been tried much, but works every time.
And if deficits do persist, the underlying conflict that besets the Capitol - spending cuts vs. new taxes - will arise anew.
With the road GovRino has chosen for California, I say chances are pretty good that income taxes will go up within 12-18 months. It would appear few people in the Golden State support responsible choices and are willing to suffer a reduction in social spending in order to straighten out the economic and fiscal mess the state government is in. A real fiscal conservative like Tom McClintock would have been fighting for spending reductions from the get-go and demanding accountablility. Arnold has been working on the margins and is afraid to tell the people the truth. Either cut spending, or income taxes will have to be raised.