..
and cuts. lots of them.
Republicans should resign their offices and leave this mess to the liberal Democrats who are largely responsible for it.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
They are eating their seed corn.
But out of control spending works every time to create budget gaps.
This is why i moved to Nevada. Sorry Cali, i love you. But i’m not the caption. I’m not going down with that ship
Just reaching out to latino freepers? LOL
Mendel
How come the Democrats cannot understand this?
The theory is... if the taxes are raised... wouldn't the tax revenues be lower as businesses and wealthy individuals leave the state and more people are laid off?
They can’t pass a budget but can pass a bill making homosexual day (which includes the teaching and being tolerant of such pervisions as homosexuality, bisexuality, transgenders and if I’m not mistaken pedophilia) mandatory in all public schools.
Just bend me over the table.
California FY 2007/2008 (General Funds) $104 Billion
California FY 2002/2003 (General Funds) $73 Billion
Increase = 42% over 5 years
Increase = 7.5% per year
Has your income increased 42% over 5 years? Has your income increased 7.5% per year for 5 years? Didn’t think so.
This is just one reason why the hellhole called California is going down the tubes.
It is not as though California can’t cut $15 billion from the budget, while it might be painful for some. That would leave General Fund spending at roughly $90 billion.
A $90 billion General Fund budget would still be an increase of $17 billion over the 2002/03 budget, or 23% more than 2002/03.
That is a solid 4% per year increase in General Fund spending since 2002/2003. There is absolutely no reason they can’t cut $15 billion from this budget.
California’s spending increases since 1995 have been staggering.
Remember the days when “Lotto Backed Securities” was a punch line?