Contributors

Thursday, January 16, 2014

Paying Down Debt

Hey, look what super liberal California Governor Jerry Brown is doing.

Gov. Jerry Brown on Thursday proposed a $106.8 billion general-fund budget that seeks to pay off a big chunk of the state's long-term debt while making modest investments in public schools, health care and the troubled bullet train. While the state's finances have improved significantly since the days of embarrassing, multibillion-dollar deficits, Brown said at a morning news conference that he believes the newfound fiscal stability could be short-lived and that restrained spending of scarce state resources is crucial.

What the-?!!?? A fiscally responsible liberal. you say? Where is Spock with a beard?:)

2 comments:

GuardDuck said...

But you claim debt doesn't matter. How can you claim he is fiscally responsible if he is wasting money on something that doesn't matter?

Juris Imprudent said...

Brown said at a morning news conference that he believes the newfound fiscal stability could be short-lived and that restrained spending of scarce state resources is crucial.

You obviously disagree so Brown must not really be a liberal by your definition.

Brown noted at the news conference that when you include unfunded term pension obligations in the massive "wall of debt," the total comes to about $355 billion.

Which he is committing $11 billion against. Plus $1.6B for "a rainy day" (ha, as if that would be a bad thing right now). In what fucking fantasy land is $11B a "huge chunk" of $355B? No, don't tell me, I think I know - in innumerate, liberal-asshole la-la land!