The California constitution is eight times longer than the US constitution and has been amended over five hundred times in its life. Some of those amendments led to the two-thirds majority requirement to both pass a budget and to raise taxes. And with our polarized populace, along with (wa-hey) only two parties, nothing can get done.
I should vote no on all these propositions tomorrow strictly in the interest of seeing Financial Armageddon up close. These aren't going to pass anyway, so to vote no really ensures defeat, and ensures we will get left with a $21 billion crater instead of a $15 billion one.
What do you suppose twenty one billion looks like? Well, this morning I rode my bicycle past the DMV to grass a foot and a half high, grass not being mowed as regularly. Maybe that's all a $21,000,000,000 deficit looks like. Unmowed grass. Yeeeaaaahhhh...that's it. We'll just forgo mowing our pretty landscape grass for a little while, and that should wipe out our little state budget problem in no time. As for the one hundred and eighty million dollar Sacramento county deficit...we'll just turn out the lights at the Sacramento Softball Complex at 10:30 instead of 11:00, and that should wipe out our little county budget problem in no time. Yeeeaaaahhhh...that's it. That should take care of it.
That's Armageddon for ya. Some taller grass and some inconvenient darkness. We're all just humming along now aren't we, skipping happily alongside a rising stock market and rising homebuilder confidence, thinking those green shoots are now 10-gallon transplants and soon we'll be returning to 3.5% growth -- by the third quarter, no less.
Yeeeaaaahhh...that's it.
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