Well it's not really a surprise, in fact many of you either live in California, or you hear about it on the news. California is on the edge of being the first State in the Union to go Bankrupt. I have heard from many sources that they are going to lay off teachers, firefighters, police officers, and other state employees. The problem is really the fact that the state legislature puts initiatives on the ballots that cost millions and billions of dollars. This has caused the state budget to double in only a few years, while income has not grown as much. The recently doomed props in CA used to increase our taxes even more, luckily did not pass or California citizens would really be feeling a bitter pinch.
I think we need to cut special pet projects and programs that are failing. Yes some of them seem really nice, and yes a small minority of people depend on some pet projects, but if we don't do something soon we all are going to be in a heap of trouble. I say we do a special election to kill all new spending proposals that were either recently passed or have not started yet. I also propose a tax freeze on all California corporations for six months to increase jobs for Californians. Yes it would put a strain on CA budget even more however in the long haul it helps the budget dramatically. Oh and they also need to re-negotiate the bloated contracts of state workers as well.
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