Everything That is Wrong With the Budget, Part 4
In my previous discussions on the budget, I pointed out that the budget has numerous problems, and we haven’t even gotten to the details:
(1) The budget for the current and predictions for future year budgets are based on unstable revenue; (2) The spending increases in the current budget fix in spending patterns that are unsustainable in the future; and (3) The Legislature completely failed to comply with the budget deadlines, and in their tardiness, they didn’t fix the real problems in the budget.
We are now faced with a fake budget, enacted at a fake time, with fake revenue estimates. The time bomb is ticking. All of this might be excusable if the budget actually solved the state’s problems, but it doesn’t. It continues legislative priorities that don’t solve the real problems of the state of California. One of my observations during my time, as I saw the budgets take shape, was that Democrats always wanted to spend more on health, welfare, and education, and Republicans wanted to spend more on public safety and transportation. The compromise, when Republicans mattered, was to raise spending on… Read More