Something to remember when you see all the scare headlines about Gray Davis' huge budget "shortfall" in California. From October 2002, when Grayout won the first California Golden Fleece Award:
Over the past three years, California’s per capita general fund expenditures have jumped by more than 31 percent, while the state’s population grew only 5 percent. Keep in mind that if state spending had been held to 6.2 percent of personal income, as it was in 1998-99, there would be no budget deficit in California.What a guy!
Mr. Davis also added 34,000 workers to the state payroll during his first three years in office, a greater increase than the next three largest states combined. And the state now spends $24 billion a year more than when he took office. Audaciously, the governor declared, "The problem is not spending. The problem is lack of revenue."
