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Politics : President Barack Obama

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To: tejek who wrote (54908)6/30/2009 9:54:07 AM
From: Little Joe  Read Replies (1) of 149317
 
Krugman is a typical liberal whose only solution to government spending is to raise taxes. The thought that there might be one dollar of money wasted by the government or that there is any government program that should be eliminated horrifies him. The fact is California's problem is not lack of tax revenue. It is over spending.

In 2000 their budget was 94.4 billion dollars. The projected revenues for 2009 are 128 billion. That is roughly a 34 billion dollar increase in available over a nine year period, or a 36% increase in revenues in nine years. If nine years ago you made 94,000.00 and today you made 128,000, would you be complaining.

lj
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