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Pastimes : The California Energy Crisis - Information & Forum
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To: Quincy who wrote (1516)11/8/2002 4:48:19 PM
From: Bearcatbob  Read Replies (2) of 1715
 
Quincy, First let me compliment you on your civil responses. Then let me quote from IBD - to the best of my ability to type.

"As a result, the state took a windfall from the stock market bubble and spent it about as fast as it came in. It bulked up the state payroll by 15%, adding more than 40,000 positions in three years, and gave fat raises to state workers. Per capita state spending rose 29% at a time when inflation barely tipped the scale."
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