More Bad News
Election day and the day after are nearly always full of bad news for libertarians. This election was no different. But it gets even worse, as the Sacramento Bee's, Dan Weintraub, points out.
According to Dan, California is just about in as bad of shape as it was during the Great Depression and it looks like revenues might drop even further.
We are in trouble. Not only were a couple additional bond issues passed (one commenter to the Bee notes that the cost of servicing existing state bonds is almost equal to our current operating budget), we also re- elected at least one state legislator, Wes Chesbro, that helped us get to where the state is today.
To those of you that voted for the bond measures, thanks for nothing. For those that voted for Chesbro, thanks for nothing. For those that voted for both, thanks for nothing twice. I can't help but believe you'll vote exactly the same way next time around.