PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Karen Lawrence who wrote (348898)	1/28/2003 7:52:11 PM
From: Lazarus_Long	Read Replies (1) of 769667

I'd like to know how they came up with that figure of 35 billion and where the heck they had expected to get it and where it has gone. The number seems to vary from $21B to 38B depending on who's talking and what assumptions they want to make about spending cuts and the state's economy. BUT Gray Davis, the guv, is the guy who's pushing the HIGHER estimates. The Repubs charge that is to justify larger tax increases to pay off the constituencies that vote for him. They expected to get it because the bubble was not going to burst in 2000. Except it did. It went into the same places it was going into before the economy collapsed. Except more so. As revenues fell, state spending and employment actually INCREASED. It's not all dems, this was a group effort at ineptitude. And turning that around, then Bush is not responsible for the lousy national economy. The bubble burst on Clinton's watch. The only market continuing to do well in CA is real estate. That will not hold if the state's economy continues going down the tubes.

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