BUT THE PUBLIC EMPOLYEE UNIONS ARE FAT AND HAPPY!
Oh THAT's a grand idea.
The PONZI scheme has popped and now it's time to pick up the pieces.
Its all BS. They do this all the time and nothing will be cut. Any laid off workers will not only not have to work, they will get all back pay. Taxes will be raised in the form of “fees” and other states that lived within their means will be bailing out CA when Obama announces the bailout “for the children”.
The defeat of those measures says that the Californians able to take care of themselves don’t want their money sucked away and handed to those that can’t. There are shades of gray here, and some of those who “can’t” are not responsible for the mess they’re in. I’m not without mercy. Their messes are survivable and valuable learning experiences.
Californians are saying to let those that still have resources lead the rest of the state out of the downturn. Not a bad idea. The business class is likely to spend a lot of their money expanding their businesses. The worker class is likely to spend the handouts they receive in less stimulative ways.