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Money matters. (California's budget deficit) (National Review West) (Editorial)
From:
National Review
| Date:
June 22, 1992
| COPYRIGHT 1992 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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California has an $11 billion deficit. Gov Pete Wilson has failed to create any kind of long-term economic reform plan. Much of the needed fiscal improvement would result from increased privatization of state operations and consolidation of other government agencies.
The LARD in California's budget would give Jenny Craig nightmares. The state faces a nightmare deficit of $11 billion or more. Sacramento's fiscal conservatives can approach that red-ink Niagara with fear and trembling--or they can view the crisis as an opportunity, a chance to press the case for true reform.
So far, ...
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