California’s ‘Day of Reckoning’

Suzanne Uncategorized

The top story in yesterday’s news was that Governor Arnold Schwarzeneger challenged the State Legislature to “spend only what we have.”

It strikes me as a plan that belongs under the the heading: “Department of the Obvious.”

Maybe I’m oversimplifying the government…but it seems as if they had always managed the budget by spending only what they had…like many households try to do…well, maybe we wouldn’t be needing the devastating cuts to dig out of an estimated $24 billion deficit.