Sunday, May 26, 2013

CA Budget Surplus

Butt of Republican Jokes, Liberal State Has Huge Budget Surplus:
...California now has a budget surplus. Depending on whose numbers one uses, it is anywhere from $1.2 billion according to the Governor or $4.4 billion according to the Legislature’s independent financial analyst. How did California do it and what should they do about the surplus?

Democrats President Bill Clinton, President Barack Obama, and Governor Jerry Brown did not attempt an ideological game with blinders to the actual results. They tried basic arithmetic. They raised taxes. Interesting enough, the results were the same...

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