Jim Fuller: The essential hidden fact of economics in 21st century America: What we have is exactly what the tiny economic elite, the one or two percent of richest Americans, wants us to have.
Randy Shaw: The Republican Party and Democratic so-called “deficit hawks” attack any proposed defense cuts as “job killers.” Yet this alliance refused to save the jobs of hundreds of thousands of teachers, and have backed tax and spending policies that have cost the nation millions of jobs in recent years.
Adam Eran: Tax cuts caused the current budget deficit, not crazy spending. Local government revenues fell 57% after Proposition 13. Even more egregious, the consume-atives™ (they do not conserve), now complain that State funding for local governments to fill that revenue hole meddles too much in local affairs.
“Men…think in herds; …go mad in herds, while they only recover their senses…one by one.” — Charles MackayRepublican Assemblyman Roger Niello‘s recent editorial “Performance Based Budgeting Deserves a Look,” is his bid to appear as a man who has recovered his senses. In it, he reminds us that California’s state budget process is imperfect. The [...]