3 ms·
A fair point but the problem is multi-dimensional - 40%+ in spending increases during the past four years or so plus severely reduced revenues owing to the rece
by grellas 17y ago
A fair point but the problem is multi-dimensional - 40%+ in spending increases during the past four years or so plus severely reduced revenues owing to the recession = lethal mix for fiscal responsibility.
The thing is a horrible mess right now. I don't blame banks for not wanting to be paid in funny money, though.
- anamax 17y ago> severely reduced revenues owing to the recession They're only "severely reduced" from a spike in 07. They're well ahead of just a couple of years ago. CA Govt behaves like a stupid lottery winner. When it has a great year, it acts as if all years will be better. You know how this story ends. "Ex-millionare now homeless, bankrupt, sued by three ex-wives, collecting cans and dodging bill collectors."