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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (20433)10/9/2003 11:44:41 AM
From: whitepine  Respond to of 23153
 
Commander,
Yes, I agree. I have only looked at the Calefornya fiscal status casually, but if tax increases are out, then the only alternatives are growth and cuts in spending. Since you can't legislate growth, I think Arnold is on the horns of a dilemma. I wish him luck, but it seems like a contradiction. Very curious to lean how he resolves the math. My best guess, severe cuts.

whitepine



To: CommanderCricket who wrote (20433)10/9/2003 1:27:15 PM
From: energyplay  Respond to of 23153
 
California S&P rating is one notch above junk.

I think Arnold cuts some regulation, which is a big economic drag and not as politically costly as cuts....

Economic turn up then produces more revenue.


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