I guess these brilliant UC Berkely and other Marxist economists were having difficulty with the following math:
1) Spending increase required to maintain the status quo over four years given inflation and population increase (another story in and of itself): 21%
2) Actual increase in tax revenues over the same period: 28%
3) Actual increase in State expenditures over the same period: 36%
4) Reduce increases in projected State expenditures to 28% overall, and the projected spending deficit vanishes.
Source: State Controller candidate Tom McKlintock
I guess old Tom is not in the same league as these economists. </ dripping sarcasm>
I think he is in a higher league!