{"id":8119,"date":"2010-12-21T11:39:44","date_gmt":"2010-12-21T16:39:44","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=8119"},"modified":"2010-12-21T11:39:44","modified_gmt":"2010-12-21T16:39:44","slug":"california-once-again-a-microcosm-of-govt-financial-crisis","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/8119\/california-once-again-a-microcosm-of-govt-financial-crisis\/","title":{"rendered":"California (Once Again) a Microcosm of Govt. Financial Crisis"},"content":{"rendered":"<p>In a<a href=\"http:\/\/www.latimes.com\/news\/opinion\/commentary\/la-oe-lockyer-california-outlook-20101220,0,3727492.story\" target=\"_blank\"> not-quite-as-bad-as-reported op-ed<\/a> in the <em>Los Angeles Times<\/em>, State Treasurer Bill Lockyer (D-CA), downplays the Golden State\u2019s fiscal outlier status among the several states.\u00a0 Setting aside some of his premises, it\u2019s worth zeroing-in on a paragraph that should be the starting point for debates on spending at any level of government.<\/p>\n<blockquote><p>Fiscally, we have to get smarter, think longer and stop hoping for a miracle. Californians have to assume more responsibility for deciding what they want government to do and how much they&#8217;re willing to pay for public services. We have to design a saner system for financing public schools.<\/p><\/blockquote>\n<p>Like a majority of voters everywhere, Californians are attracted to pricey programs, but are allergic to their costs.\u00a0 Ergo, budget deficits.\u00a0 With House Republicans facing a divided Senate and a liberal President, making a commonsense case for balancing spending with revenues will be the single most important task during the next Congress.\u00a0 Let\u2019s hope fiscal conservatives at all levels of government are united on this front.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a not-quite-as-bad-as-reported op-ed in the Los Angeles Times, State Treasurer Bill Lockyer (D-CA), downplays the Golden State\u2019s fiscal outlier status among the several states.\u00a0 Setting aside some of his premises, it\u2019s worth zeroing-in on a paragraph that should be the starting point for debates on spending at any level of government. Fiscally, we have [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2216,70,299,1097,2154],"class_list":["post-8119","post","type-post","status-publish","format-standard","hentry","category-posts","tag-bill-lockyer","tag-budget","tag-california","tag-fiscal-conservative","tag-house-gop"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/8119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=8119"}],"version-history":[{"count":3,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/8119\/revisions"}],"predecessor-version":[{"id":8122,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/8119\/revisions\/8122"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=8119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=8119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=8119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}