The Bee On The Budget
As I was reading what I thought was an editorial in the Sacramento Bee yesterday, I thought it was one of the more level headed looks at California's budget problems I'd read. The Bee generally takes a big government approach to issues and I was surprised at the perceived change. Reading further, I realized it wasn't an editorial but an op- ed, or guest editorial.
Nonetheless, I thought this guy wrote a real good commentary. He points out we didn't have the budget problems back when the Gann Limits limited spending increases to account only for population growth and inflation. Those limits have been amended so many times since then they've become essentially meaningless.
I've mentioned here before what past State Senator, Ray Haynes, pointed out some years ago. He was referring to the 2000- 2001 state budget when spending all the spoils of the dotcom boom put us on the road to the deficits we face today: If the legislature had simply increased spending to account for population and inflation (the old Gann Limits), we would have ended up with a budget surplus in the billions. What happened instead is billion dollar shortages.
I think this Matsusaka guy that wrote that op- ed is right on the money.
As always, if asked for a login to the Sacramento Bee site, you can use humboldtlib as the username and blogspot as the password.