Who couldn’t see this coming from a mile away? The Dems only know how to spend more and raise taxes. They can’t cut spending, period. Their constituents won’t accept it. In a normal democracy, that would mean that the voters would turn to the Republicans to make the cuts. But the CA voters are hooked on government spending and believe the fantasy that all they need to do is increase taxes on “the rich” to pay for the spending and all will be well. A number of them also believe Republicans are evil bigots so they won’t vote GOP no matter what. Its a recipe for decline and bankruptcy. Everyone knows the current system doesn’t work but no one wants to take the necessary medicine. Its too “harsh.” Its how a child reacts to a problem — don’t do what is necessary but pretend you can keep doing what you are doing. California is a state filled with adults who think like children and have no sense of responsibility. Or at least the remaining adults are in the minority. Its what happens when you have a massive Welfare State that pretends that it can take care of everyone. Its where the whole country is headed.
“They cant cut spending, period. Their constituents wont accept it.”
Your comments are important. This is the impossible requirement for Keynesianism to function. Keynes recommended that gov’t spend in the down economic times and recover the overspending in the good economic times. Ask a leftist just how one cuts spending in good economic times. What mechanism would enable that cutting? As Californians have illustrated, there is tremendous pressure to spend when times are good and never support for cutting regardless of the economic situation. No politician ever gets rewarded for cutting. Until the system is structured so that politicians get rewarded for responsible economic management and are not rewarded for spending peoples’ money without also being rewarded for saving peoples’ money, the system tends toward unending overspending.
Neither were my parents or my family hooked on Government spending.
I took my family out of CA, in the late 90's. I saw the writing on the wall....
I could tell you stories...