Why don’t they just issue some checks, to all Californians, like $1,300, that seemed to work for the Bush Congress. Money is what they need, just pass it out, folks in San Francisco would be first, Pelosi would probably push it. Free Money for all, would give the State Budget a BOOST. Or at least that is what the FEDS have been feeding taxpayers.
Short of actually printing more money this so-called stimulus will actually have a negative effect, increasing borrowings, raising administrative costs, artificially increasing consumption at a time of rising prices, etc., etc. and tying up a substantial portion of the funds as they work their way through the mail.
Pathetic and morally bankrupt.
That won’t work in Cali. The Feds have a printing press,
California does not have a money printing machine.