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Last login: Wednesday, February 24, 2010
I listened to the entire show and did not hear one word about spending. The "crisis" is on the spending side of the ledger, not income. Ever since the state legislature went full time back in the mid-sixties, they shuffle around the Capitol looking for ways to spend every dime we are foolish enough to give them. They have raided our city and county coffers since prop 13 passed, raised income and sales taxes while creating many new taxes. Econ 101 dictates that income and expenses should be balanced. No individual or business survives by breaking that simple rule, and the state is bankrupt because no one in Sacramento seems to have learned that. The state budget MUST be balanced. Both parties are guilty and I am not optimistic that anything will change. CA citizens are the losers, and the only ones that can change this dire situation with their votes.
February 23, 2010 at 11:19 a.m.
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