Quote:
Originally Posted by whell
In the meantime, California's budget is showing a surplus only if you ignore the accumulating debt, much like Clinton did in the late 90's. The state is $83 billion in debt and wants to go even deeper. The debate under way in Cali right now isn't about how to pay down it's increasing debt, but how to "spend" the so-called surplus.
Bravo.
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Did you even bother to read the article? That's all voter-approved bond debt, for things like schools, roads and water. Jerry, being very fiscally conservative, hasn't authorized the sale of a good portion of those bonds, until the projects are shovel ready, to keep the state's rating high, so that the bonds can be sold at low interest rates.
Basic economic responsibility, great leadership. Meanwhile, you support a moron like Trump, who relies on bankruptcy and Russian money. You're such an idiot.