I wouldn't take over the Govenor of Ca's office if you handed it to me. Who would want to inherit such a fiscal mess? It seems to me that, short of HUGE tax increases or a federal bailout, CA may not recover for years. Besides that, what GOP perosn would want to be the Govenor of a state so full of dem voters? No, Ca. is a beautiful example of how a welfare state cannot succeed. If we continue to hand out money to all who are content to be on the dole, look for more states, then the feds to face similar problems. Maybe not in my life time, but without change, it will the welfare ideas of the dems that eventually bring this country to ruin... we are rotting from within.
Businesses are leaving California as fast as they can pack their bags because of the tax situation there, and it is just getting worse.
MT mentions that Davis and the democrats are not soley responsible for the CA fiscal problem. While this may be literallty true MT, Davis and his cronies raised State spending by 40%.... 40%!!!! This in the face or decling revenues. If there are other people responsible for this, who are they? You can't really blame the economy much. Colorado went through the same boom, then decline in revenues. Instead of raising spending by 40%, they actually saved money for future lean times... go figure. Too many people with their hands out in CA, and too many pols willing to give tax dollors away to those who do not contribure to the tax roll.