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Digging a Deeper Budget Hole
Published: July 23, 2008 15:48
You have been sent this message from SacUnion.com on behalf of your friend. Digging a Deeper Budget Hole by ddonofrio To read the article click here: http://www.sacunion.com/pages/editorials/10192
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Excerpt: Some define “insanity” as repeating errant behavior again and again, irrationally anticipating a different outcome. By this definition, California’s Democratic lawmakers, now unloosed in state budget negotiations, are behaving insanely. It has been demonstrated time and again that budget policies that “soak the rich” only dry up investment, hobble the economy, wipe out jobs and reduce tax revenues. Yet state Democrats are once again trying to “soak the rich.” And they expect a different result this time? They have proposed…
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