26 Days until Inauguration - This budget mess isn't like the Energy Emergency After Bush Took Office, is it?

Some states have had exceptionally horrible years while waiting for relief from Washington and it never came. The states budgets have to be taken into consideration in any economic stimulus package. A vital job saved, is a job that maintains the tax base.


How to fix the California budget (click title to entry - thank you)
Tom Campbell
Thursday, December 25, 2008
There is a long-term, and a short-term, state budget problem in California.
In the long-term, we have to keep state spending from outstripping state revenue. We are not doing that: Our state spending has increased much faster than inflation and population over the last 10 years. For example, if you take former Gov. Gray Davis' first budget, which was enacted 10 years ago, and increase it for the inflation rate and California population growth since then, the state would be in a budget surplus, not deficit, today - even with the lower revenue because of the recession....