Cut Government? Heaven Forbid
In a recent column I defined how the federal government could easily make cuts to national expenditures, but instead just ignore the idea and forge forward. At least our national leaders can legally print money and incur debt. Local and state governments are mandated to have balanced budgets. In the great state of California, however, they are redefining how they fix their budget messes.
The root cause of the problem today is the “high” governmental entities experienced because of the Biden money tree handing out billions of borrowed dollars to these governments due to Covid. Instead of treating the funds as temporary fixes, elected officials continued their spending sprees and, in some cases, stepped on the gas and spent more. I recently woke up to this headline from the LA Times (formerly a newspaper) – “L.A. looks to cut 2,000 vacant jobs due to budget woes.” Mayor Karen Bass and her team of mathematical magicians have figured out how to solve their budget problems. They are cutting jobs that don’t really exist except in the minds of bureaucrats who run various different departments. No one is actually losing a job except for… Read More