
Killing the Dream
Much has been written about the Governor’s radical shift in abandoning his dual pledges to “blow up the boxes” and “tear up the credit cards.”
We believed Arnold Schwarzenegger then: electing him twice and passing Propositions 57 & 58 – giving him $15 billion to fix the budget and supposedly put a lid on state over-spending.
And, when running for his first re-election, Schwarzenegger called for support from voters, saying "Help Governor Schwarzenegger protect the California dream – with no new taxes!"
But the “dream” is quickly turning into a fiscal nightmare.
People are struggling with the multiple crises of dramatically increased energy and food costs, the housing slump, and the real risk of recession. Meanwhile, the Governor is now proposing raising the sales tax and Legislative Democrats are pushing to eliminate the child… Read More