Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tenchusatsu who wrote (484062)	5/28/2009 8:08:13 PM
From: TimF	Respond to of 1574267

LAT Columnist: State Spending Problem a "Myth"...Unless You Count All State Spending Matt Welch \| May 28, 2009, 11:01am reason.com robc \| May 28, 2009, 11:14am \| # Hmmm...if you are ignoring bond spending, doesnt that basically mean that state revenue has tracked inflation and population growth? So, if they had held spending to the same growth level, they would have had a balanced budget. reason.com R C Dean \| May 28, 2009, 11:20am \| # Shorter Hiltzik: The state cooked the books to maintain technical compliance with the balanced budget requirements. Shorter Welch: Technical compliance with balanced budget requirements is meaningless when there is a gaping loophole through which trainloads of cash were spent... reason.com