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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (135012)	3/27/2001 5:49:10 PM
From: TimF	Read Replies (1) \| Respond to of 1571578

How fast does spending have to grow? Pretty fast when the people emigrating to the state tend to be poor and/or illegal. Since 1978 (when prop 13 suposedly crippled CAs ability to get needed revenue). California has gone from a budget of about $15bil the nearly $100bil. That should take care of an aweful lot of poor illegal immigrants. I think you misunderstood my question. What makes you think or what evidence do you have that a shortage of funds in one sector was caused by over spending in another? I had not heard that before. I did understand your question to be pretty much what you asked again and I quoted. I answered the question. If spending has jumped enromously but supposedly there is not enough spending in particular important sectors (education and infrastructure where given as sectors where CA is not spending enough by you or Scumbria) then the money must have been spent elsewhere because it isn't a shortage of money. It isn't a shortage of money that causes the problem because the money available to the government of CA has grown enormously. Since my post where I first stated this I have found a breakdown of the current proposed 2001 budget. The web page is from September so proposals could have changed since then but it calls for total spending of $99.4bil. The state spending on education is $43.3 bil which is more then the total state spending was before prop13. (its more the CAs total budget pre-prop13 even after adjustment for inflation, inflation adjustments where calculated at minneapolisfed.org. In that estimated budget state spending since last year, with prop13 of course still in effect, will increase over 14% after increaseing about 13% the previous year. I wish I could count on my investments returning 13 or 14% a year. Tim