Deficit only real issue in guv race San Francisco Examiner:
"As much as voters may want to hear candidates for governor wax rhapsodic on the intricacies of prison overcrowding, global warming and pension reform, only one subject will dominate the race — that is, if anybody’s paying attention.
It’s the economy, stupid, and it will be until 2014 and beyond.
A new legislative analyst report released this week paints a picture for California that definitely does the word “grim” justice. Next year, the state faces a $21 billion budget deficit, $23 billion after that, to be followed by fiscal shortfalls of $20 billion and $18.4 billion. For those keeping score at home, that’s nearly $83 billion during the next four years."
"As much as voters may want to hear candidates for governor wax rhapsodic on the intricacies of prison overcrowding, global warming and pension reform, only one subject will dominate the race — that is, if anybody’s paying attention.
It’s the economy, stupid, and it will be until 2014 and beyond.
A new legislative analyst report released this week paints a picture for California that definitely does the word “grim” justice. Next year, the state faces a $21 billion budget deficit, $23 billion after that, to be followed by fiscal shortfalls of $20 billion and $18.4 billion. For those keeping score at home, that’s nearly $83 billion during the next four years."