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At The Mercy Of Shopaholics
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Pardon me for my outrage here, but for years, the California budget deficit has been growing, and for years, the politicians have been doing nothing but increasing spending. In the last couple of years, it's become a massive crisis. And what did the Governor and legislature do? NOTHING. They KEPT SPENDING under an obviously unrealistic projection that the economy would rapidly grow. And now the Governor announced a $16 billion deficit and is saying that the voters HAVE to pass a massive tax increase. But it was his cronies in the legislature and the public employee unions' pensions that caused this mess, and nothing's being done about them. It's like someone stealing your credit card, running up billions in charges, then saying, well, you have to pay it. And if you think your state and local legislatures are any different, you're delusional. Spending is the politician's default position. (Los Angeles Times)
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