Got some numbers and history here.
To: ;calgov2002; Carry_Okie; SierraWasp; Gophack; eureka!; ElkGroveDan; Libertarianize the GOP...
To: Ernest_at_the_Beach
He missed an option. Cut taxes!!!! Increase economic investment in California and create your own boom.
To: Ernest_at_the_Beach
Excellent post Ernest! Great read.
"Recovery in California came two years later than the national recovery and after the income tax increase had expired."
They, the Democrats and RINO's in the state legislature, will never learn.
5 posted on
05/13/2002 9:40:32 PM PDT by
elbucko
To: Ernest_at_the_Beach
Let's put it another way. IF the state had just budgeted the rate if inflation from 1995 thru 2003 (about 4% - even that might be high) the budget would have gone from 45 billion to 62 billion in 2003 - not the 78 billion they say they need..
To budget OVER the inflation rate, in some years more than DOUBLE the rate, is a sure-fire blueprint for disaster.
And it looks like disaster is pulling into the station.
6 posted on
05/13/2002 9:40:51 PM PDT by
spectre
To: Ernest_at_the_Beach
"It'll be smoke and mirrors," Jack Pitney, a political science professor at Claremont McKenna College, told me. "He is going to do everything in his power to avoid anything causing pain in the year 2002. ... This will require a true feat of magic. Maybe he'll get Siegfried and Roy as his budget consultants."
GraYouT might want to get Shuck And Jive as his consultants instead.
DUMP DAVIS
To: Ernest_at_the_Beach
"It'll be smoke and mirrors," Jack Pitney, a political science professor at Claremont McKenna College, told me. "He is going to do everything in his power to avoid anything causing pain in the year 2002. ... This will require a true feat of magic. Maybe he'll get Siegfried and Roy as his budget consultants."
GraYouT might want to get Shuck And Jive as his consultants instead.
DUMP DAVIS
To: Ernest_at_the_Beach
Thanks for an excellent account of what's going on with the budget.
Gray Davis sure loves to mortgage the future, doesn't he? He seems to think bonds are the answer to everything - the budget, the power crisis, and God knows what else.
This whole mess makes me almost embarassed to live in the state.
D
To: Ernest_at_the_Beach
Finally! A well-written article which is focused on the real problem in California.
To: Ernest_at_the_Beach
GRAY DAVIS The FIRST item that needs to be
cut from the California budget?
19 posted on
05/14/2002 7:56:07 AM PDT by
d14truth
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson