Sunday, May 13, 2012

Cold hard California reality

Even Governor Moonbeam can't put the shine back in California.

From the LA Times:
Lawmakers and others were hoping that a rebounding economy would help the state avoid steep cuts to social services. But revenue in April, the most important month of the year for income taxes, fell far short of expectations, leading to a shortfall of at least $3 billion in the current fiscal year.
California's deficit now stands at $16 billion.

Many of the state's best and brightest have already picked up and moved on.

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