The COVID-19 carnage on the job market has exposed decades of poor planning and bizarre regulations by California’s one-party state.
By Ronald Stein
The state has chosen to rely on an elite few to fund the general fund and to impose the highest costs of labor, electricity and fuels in the country on its own. The state is now forecasting the largest budget deficit in decades from an unsustainable formula that will stagnate the state’s recovery from the COVID-19 pandemic for years.
Gov. Gavin Newsom requesting federal aid for the state’s self-inflicted financial woes is outrageous as California’s forecasted budget deficit has been decades in the making.
The COVID-19 carnage on the job market has exposed decades of poor planning, and bizarre laws and regulations by California’s one-party state.
The state has chosen to rely on an elite few to fund the general fund and to impose the highest costs of labor, electricity and fuels in the country on its own. The state is now forecasting the largest budget deficit in decades from an unsustainable formula that will stagnate the state’s recovery from the COVID-19 pandemic for years.
State’s budget deficit has been decades in the making
Share this:
In summary
The COVID-19 carnage on the job market has exposed decades of poor planning and bizarre regulations by California’s one-party state.
By Ronald Stein
The state has chosen to rely on an elite few to fund the general fund and to impose the highest costs of labor, electricity and fuels in the country on its own. The state is now forecasting the largest budget deficit in decades from an unsustainable formula that will stagnate the state’s recovery from the COVID-19 pandemic for years.
Re “ ‘Mutually repugnant:’ Gov. Newsom and lawmakers pursue budget compromise”; June 7, 2020
Gov. Gavin Newsom requesting federal aid for the state’s self-inflicted financial woes is outrageous as California’s forecasted budget deficit has been decades in the making.
The COVID-19 carnage on the job market has exposed decades of poor planning, and bizarre laws and regulations by California’s one-party state.
The state has chosen to rely on an elite few to fund the general fund and to impose the highest costs of labor, electricity and fuels in the country on its own. The state is now forecasting the largest budget deficit in decades from an unsustainable formula that will stagnate the state’s recovery from the COVID-19 pandemic for years.
We want to hear from you
Want to submit a guest commentary or reaction to an article we wrote? You can find our submission guidelines here. Please contact CalMatters with any commentary questions: commentary@calmatters.org