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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Crimson Ghost who wrote (111581)5/15/2010 12:40:37 AM
From: mishedlo4 Recommendations  Read Replies (2) of 116555
 
Schwarzenegger's Budget Addresses Few Structural Issues
globaleconomicanalysis.blogspot.com

Tonight, with much fanfare, Schwarzenegger released his proposal to fix California's $19 billion budget deficit. It was a huge disappointment.

Schwarzenegger had a golden opportunity to propose radical changes like privatizing the prison system, privatizing work in general, sending illegal aliens home, or getting rid of defined benefit plans. Instead, Schwarzenegger wimped out on many key issues. ...

Mish
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