Saturday, October 4, 2008

Log-rolling? California needs $7 billion from the US...

...just to tide the state over, the Governator says.

The article notes that other states are now contemplating imminent short-falls in revenue.

Are they talking about reducing expenditures on a rational basis to live within reduced means?

Of course not. Instead, they catastrophize about starving children and closed schools rather than figuring out what the government and the citizens could legitimately do without.

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