http://www.mercurynews.com/ci_12454979?source=rss
5/27/2009 3:48:51 PM
tax and spend cut and cutBut seriously, if california becomes fiscal conservative dreamland, and legalizes pot, I may have to move there, buy a small farm and apply to graduate school.
5/27/2009 4:01:50 PM
Less "we'll become a fiscal conservative dreamland" and more "oh god we're fucked... QUICK, CUT EVERYTHING!"
5/27/2009 4:04:06 PM
What choice do they have? When a state is out of money, that's pretty much it. What's happening to California is pretty much what will happen to the entire country, once we can't borrow more money.
5/27/2009 4:06:50 PM
Is this fiscal conservatism or fiscal responsibility/maturity? Personally, I have no problems with social spending, as long as its done within means. The Federal government, and most States, haven't been responsible with their citizens money in decades. Neither Republicans nor Democrats have spent within their means. For years the Republicans railed against overspending, and for a while when they were in charge in congress they actually did a lot of good in curbing spending, but when they finally had full control of the government what did they do? The same thing the Democrats do when they have full control, overspend.
5/27/2009 4:09:55 PM
5/27/2009 4:12:46 PM
5/27/2009 5:49:52 PM
Whelp, here's $66 million pissed away to subsidize Californians buying... unoccupied new homes!http://www.reason.com/blog/show/133741.htmlI'm sure, however, that the proposed cuts to education, social services, police, and other popular programs are completely necessary. Politicians would never hold essential, or at the very least, well-liked programs hostage to avoid cutting what amounts to inessential items out of the budget.Nope.
5/27/2009 5:52:05 PM
5/27/2009 6:42:45 PM
I don't think California is very tough on marijuana crimes...
5/27/2009 6:48:55 PM
5/27/2009 7:06:54 PM
I got a question: what would happen if someone got ballot initiatives going/passed that said the governor COULDN'T cut some/any of those services? What then.Califronia is no example of fiscal conservatism, but rather how seriously flawed the whole 'ballot initiative' concept is.
5/27/2009 7:39:03 PM
5/27/2009 9:22:46 PM
5/27/2009 9:27:44 PM
If the government didn't give so many student loans then tuition would be much cheaper... scrap the loans.And I'm not sure if I agree with your premise. College only prepares a small % for the real world. Many would be much better suited at trade school. Hopefully, these will be the people who can't find loans
5/27/2009 9:28:35 PM
5/27/2009 9:32:36 PM
Arnold has suggested using a flat tax in California: http://latimesblogs.latimes.com/lanow/2009/06/flat-tax.html
6/8/2009 10:13:14 PM
^Good. The tax system is so progressive in California that every time a recession hits, they are fucked. It happened in the early 90's, it happened in 2000 with the tech bubble bursting, leading to Gray Davis's recall, and it is hitting home more than ever right now. Rich investors usually make huge sums during boom cycles and very little or none during downturns. Being over-reliant on them as the primary source of revenue for the state is A BAD IDEA.
6/9/2009 3:15:07 AM