Posted by Jon Fleischman at 12:00 am on May 20, 2010 Comments Off on Democrats Prove That The Legislative Budget Process Is A Farce
The SacBee’s Capitol Alert blog is
reporting that Democrats are busy rejecting the Governor’s
proposed cuts in the budget. Of course they are.
Because the Democrats believe that when the economy is in bad
shape, that’s the time you want to raise taxes. Actually, to
be more accurate, the liberals in the legislature pretty much want
to raise taxes any time.
At some point, the Democrats in Sacramento have to understand
that when the economy is humming along, then the private sector
grows, and the GDP goes up, and also the money available to
government at every level increases. But the opposite is also
true — and when the economy restricts, it is not just the private
sector that has to go through proverbial belt-tightening, it is
also government that must do this. Adding more taxes is
problematic for many reasons, but a great pragmatic reason is that
doing so will damage economic recovery efforts.
Fortunately the State of California, unlike the Feds, cannot
print money. And since the resolve of the Governor and
legislative Republicans… Read More