[calcowgirl]

It fairly presents both the pros and cons without shading anything, leaving the reader to make up his own mind.

Clarification:

I did not attempt to highlight all of the items included in Proposition 76--it is just too complex. What I was trying to point out is that you get the BAD with the GOOD. Just as Proposition 111, the "Traffic Congestion Relief and Spending Limitation Act.,” included some GOOD things, and was being pushed by a CONSERVATIVE REPUBLICAN Governor, had I known it obliterated the Gann Spending Limit (BAD thing), and the implications of that, I most definitely would have voted NO.

[goldstategop]

Not all debt obligations are bad. Debt that goes to infrastructure and maintainance is a good debt because its a one time expenditure that improves the quality of life for every one. They are services we all depend on. No one wants to cut those. Bad debt is debt that goes to entitlement programs that benefit qualified recipients. Only those eligible for those programs receive them. Its a bad debt because the debt is on-going. They are not as popular as debt in category #1. Quick guess on which debt the State Legislature has increased the fastest relative to population and which it has refused to cut. So now you know not all forms of spending are equal. Sure, it would be best to avoid formulas altogether but in a state with irresponsible politicians a set of guidelines can at least point them in a certain direction. Of course there is no guarantee they will go there and that is the biggest problem with Prop. 76 - not its formula. Things may be tidy and neat on paper but you can't predict in advance human nature.

(Denny Crane: "I like nature. Don't talk to me about the environment".)