
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