It's going to require some significant cuts in state spending. Unpopular cuts. Either that, or it's going to require a significant tax hike on businesses and residents in California.
That doesn't even begin to address the spending that will be needed to improve California's infrastructure for the expected 20 million new residents expected within 20 years.
Did the high-speed train measure pass, too?
Bottom line is that the Democrats have created a terrible mess in California. It really hasn't hit the fan yet, and I think the voters will take it out on the party in power when it does. In this case, that will be the Democrats.
I'm betting on the tax hikes. What could exemplify the Democrats more than the old "tax 'em until they bleed" strategy.
Remember all those campaign contributions Davis got? Now the payoffs are going to have to start kicking in and it's not going to be cheap.
I do have to admit a certain morbid curiosity as to how bad things will get in the next few years. I think it is going to be ugly...