Saturday, January 12, 2013

I guess California isn't so bad off after all


A couple of years ago, California was a punching bag for conservatives claiming that high taxes and immigration were messing things up there, and business was leaving in droves, and there was a major budget problem.

Not any more.  Under a liberal governor, California is back on track, budget is balanced, and important priorities are being funded.

California Budget Surplus? Governor Introduces Plan That Eliminates Deficit 

"California job growth tops the national average, unemployment has fallen below double-digit levels for the first time in nearly four years, and voters in November approved a tax increase that closed most of the lingering budget gap.

The state Department of Finance on Thursday projected unemployment will fall to 9.6 percent this year and 8.7 percent in 2014.

California faced deficits of $9 billion just a year ago and $25 billion two years ago. Brown noted that federal government issues could challenge California's forecasts and warned the state not to get over exuberant."

Wow.  Who would have predicted that?


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