> “No other state in American history has ever experienced a surplus as large as this,” Mr. Newsom said, outlining revisions to spending he first proposed in Ja

> “No other state in American history has ever experienced a surplus as large as this,” Mr. Newsom said, outlining revisions to spending he first proposed in January for the 12 months starting in July. As if that has something to do with how incompetently the state is run, rather than the inflation caused by the Fed and enormous federal overspending. > Once again, as California heads into a gubernatorial election, the massive surplus allows Mr. Newsom to sprinkle cash across the state. Once again, rare gains will be spent on vote buying, and next year when record budget deficit hits California, they'll whine how they have no choice but borrow more and increase debt and taxes.