[Mojave]

The article incorrectly assumes that higher taxes equals higher revenues. The Laffer curve doesn’t exist for Democrats.

[San Jacinto]

Everywhere the dims control lay in financial ruin. Their only ‘solution’ is a federal bailout. From MI to CA, it is clear what ruinous spending and excessive govt regulation will bring. During the next 4 years, will the entire nation get the message? Or is it just going to be more ‘Bush’s Fault’ ?

[mad_as_he$$]

Reality is an abstract concept for Liberals.

[386wt]

There is no threat that we would fail to meet our obligations to our bondholders short- or long-term. ...

Will someone who knows the HTML mark through commands fix this by changing, "bondholders" to public employee unions...

Thanks.

[Dilbert San Diego]

And the article blames Republicans for blocking solutions. It’s all the Republicans fault according to that view.

Why has spending in Calif. gone up faster than tax revenues? What ever happened to the state’s rainy day fund?

Why does the state have perpetual budget crises?

In the summer of 1999, California had a $12 billion budget surplus from the previous fiscal year. I know times were different then, but the point is, there hasn’t been perpetual deficit spending in Sacramento forever. Somebody is not keeping a close eye on the state checkbook, ATM, and credit card.