$55 billion current outstanding debt plus borrowing another 60 to 70 billion the next few years is no big deal , according to some.
Nothing another 5 million aliens moving to CA cannot cure. The scary part is that Govt. thinks this is the answer.
Arnold tried to rework the spending mandates that are murdering any seriously attempts to reign things in. He lost at the ballot box. It's insane.
I'll definitely wait and see the specific language and see what bellweathers like McClintock have to say before I throw a fit.
Bill "Lost to Loser Davis" Simon Jr (R), talked up bringing the private sector and toll roads into the mix. Won't happen. That's politically dead. Beyond dead since the unions were so adept as flexing their muscle in the special election. No way they'd let private business, rather than their union stooge employees build highways and roadways. Worse Simon suggests state-fund subsidized toll roads.
We still need to break the legislature and move it somewhere vaguely near reason and away from the radicalism that embodies it and is driving California to utter ruin. The public employee unions need reduction back down to size as well.
In case you folks have seen it, Pookie had this in today's cartoon thread:
Hi, my name is California. I've been on a spending spree and living beyond my means. I hate business, fiscal restraint, and infrastructure. Can you lend me some money?
Who could resist a pitch like that?