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Governor Moonbeam's Last Glow
At 72, Brown is returning to a third term as California governor after a hiatus of 28 years to face a $26 billion budget deficit and an unemployment rate above 12 percent. So is it to be more taxes, more government, both or neither?

Both conservatives and liberals agree that Brown will probably do what California's progressive voters elected him to do: keep government and its services big and find the necessary revenue from corporations and more affluent individuals to pay for it. The real debate is over whether he can pull that off in recessionary times.

Conservatives believe he cannot. They argue that the California model of huge public-sector salaries and pensions, high taxes, intrusive government and unchecked illegal immigration is unsustainable, and a prescription for Third World-like chaos and poverty. In this pessimistic view, California is just a year or two behind Greece and Portugal, but without a Germany to bail it out -- especially now, with a tight-fisted Republican-led House that soon may cut off federal subsidies to a now-insolvent California.


Posted by: GolfBravoUSMC 2010-12-02
http://www.rantburg.com/poparticle.php?ID=310926