The $23.6 billion deficit is about run-away spending, not fluctuations in the stock market. It is about government growing seven times the rate of population over the past three years. It is about the majority party lacking accountability and foresight, believing the flush times would flow forever. And most importantly, its about out of control politicians who are addicted to spending. Republicans have been criticized through this budget process as not having a plan of their own. However, when spending cuts proposed by Republicans and state Legislative Analysts, (to the tune of $7 billion dollars) are rejected in exchange for a mere $200 million in cuts and more pork spending, weve got a real dilemma.
Clearly Democrats have failed to grasp the severity of the problem. They have added new spending to the budget, including many unnecessary and irrelevant pork projects. Democrats falsely believe that taxpayers will accept huge tax increases to pay for more spending proposals.
The excesses of state government today, combined with the flippant attitudes displayed by the leaders of the majority party, echo back to the 1970s when a tax revolution took root. Proposition 13 began because elected leaders could not curb their obsession to spend. In the weeks ahead we will see if history repeats itself. DUMP DAVI$ & the Den of Socialists