Ca: New analysis doubts size of state's deficit

The Orange County Register ^ | Tuesday, January 14, 2003 | HANH KIM QUACH

[Weimdog]

New analysis doubts size of state's deficit Chapman research projects a shortfall of $5.9 billion in current fiscal year.

SACRAMENTO

[elbucko]

Chapman also criticized the way the Davis administration counted money that it expected, but did not have, as a deficit – helping to inflate figures.

In private business, if one did this without disclosing the fact, it would open one up to charges of fraud.

[elbucko]

"One of things about economists is they have a lot of different ways to look at the same set of facts,'' Ackerman said.

So do politicians, Ackerman. So do politicians.

[Enterprise]

This is astounding in the least! I fervently hope that the lower figure is true and can be definitively proved! I hope all voters will be as LIVID as I am at this point. The obvious scenario here is that the Governor and his disgusting fellow RATS have engineered a false deficit with the sole purpose of plundering the beleagured taxpayer again! Uh, what word am I looking for here. Let me think. Yes, I have it. BA...ARDS!!!!!!

[Carry_Okie]

And they beat up Republicans over Enron, even though the Slave Party was the big player in that debacle.

[Enterprise]

Also, I forwarded a copy to Ray Appleton and Bill Manders in Fresno. This article needs to be forwarded to all Republican Senators and Assemblymen, and to all conservative talk show hosts in California.

[Carry_Okie]

A lot of us were wondering if the size of the deficit after the election was just as political as before. Here are sum numbers.

[Dog Gone]

I commented on a duplicate thread of this story. I think Chapman's numbers are at least as phony as Davis's.

If you don't rely on projected numbers in preparing a budget, you might as well not do a budget.

[Ernest_at_the_Beach]

Thanks for the ping!

Not sure where the truth is on the budget but I trust Chapman University more than I do Davis, he is inclined to cook the books when it helps his ambitions, as we know so well!

calgov2002:

calgov2002: for old calgov2002 articles. 

calgov2002: for new calgov2002 articles. 

Other Bump Lists at: Free Republic Bump List Register

[tubebender]

Also, I forwarded a copy to Ray Appleton and Bill Manders in Fresno. This article needs to be forwarded to all Republican Senators and Assemblymen, and to all conservative talk show hosts in California.

Let's hope the Repubs have enough brains and guts to use it to save the state