In his refreshingly short State of the State speech Tuesday evening, Gov. Arnold Schwarzenegger boasted of his commitment to transcend partisan divides and to work together, Republicans and Democrats, toward achieving a California agenda. The state government can avoid the partisan gridlock of Washington, D.C., and move forward, he said, "because the future does not wait." While those words make for decent political rhetoric, we were less than heartened by the big and bold agenda the governor detailed. ... The mountain he has pledged to climb with the Legislature looks a lot like a mountain of debt and regulation. If...