Today, rare political and economic truths have been spoken.
California, as you may have heard, is having some budget problems. Really big budget problems.
Legislators did finally pass a spending bill last week. Governor Jerry Brown vetoed it, said it didn’t fix things. Today the state controller agreed — and using some new powers that he has — said lawmakers can’t get paid ’til they fix it.
The budget, he said, had elements that were miscalculated, miscounted or
unfinished.
Not quite voodoo economics, but still, pretty good.
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