CA continues with a very measured economic recovery. We will not get a spike in revenues bailing our municipal and state budgets out of the red. Policy makers must be realistic and make long-term adjustments to programs and spending to live within our means. Before tax payers have to give up more hard earned dollars, we need to make sure our public pensions are sustainable, common sense budget reforms like a functional rainy day fund and spending limit are put in place. We must enact the budget adjustments that Governor Brown has asked for or come up with real equivalents; not more smoke and mirrors. Further delay in facing reality will simply increase the pain for all citizens living in CA
http://goldenstateoutlook.wordpress.com/2012/04/15/california-economic-update-april-2012/
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