
Everything That’s Wrong with the Budget, Part 5
I have talked about the problems with the recently adopted budget (assuming the Legislature is done with it, a large assumption given their previous cavalier attitude toward the budget deadlines). Just to repeat my previous criticisms:
(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; (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; (4) In addition to the unsustainable spending patterns, the programs upon which the money is spent are themselves questionable and little value to Californians. The fact is the Legislature doesn’t care about most Californians, they waste the tax dollars they collect, pay off their political donors, endanger public safety with their spending priorities, and they have built in entitlement and spending to such an extent that within the next two to five years, the entire system will collapse, and the Democrats in the Legislature will again demand tax increases… Read More