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California's Budget Mess
By Harris R. Sherline
May 19, 2008

Page 2 of 2

Columnist Dan Walters noted, "The good news is that California politicians, who have sidestepped the state's shameful and ever-worsening budget mess for six years, may finally face the music. The bad news is that they really don't have a clue how to close the chronic deficit, given its three-dimensional nature." (Sacramento Bee, December 16, 2007)

"The widely followed UCLA California forecast took the state to task in its 2008 outlook for a budget 'based on a combination of overly optimistic projections of revenue, wildly optimistic assumptions that spending would decrease on its own and a handful of accounting gimmicks to make up the difference'...Anyone with half a brain knew that soaring tax revenues were about to reverse, based on the housing crash, which has hit California harder than the rest of the U.S." (ibdeditorials.com, December 17, 2007)

Too many politicians seem to think their job requires them to spend more money - and never to save anything. No project seems to be too insignificant for them to fund. Whatever the cause, they invariably believe it's worth the cost.

If Californians do not insist on controlling their government's budgets, we can look for our politicians to borrow more money and/or raise taxes again to cover the shortfall. If that happens, more taxpayers will leave the state, especially businesses and "the rich," while those who pay little or no taxes will continue to move in - a disastrous combination. It's a serious mess!

---

NOTE: Read more of Harris Sherline's commentaries on his blog at "opinionfest.com."

--------------------

Note -- The opinions expressed in this column are those of the author and do not necessarily reflect the opinions, views, and/or philosophy of GOPUSA.

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