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Reply #4: Oh just lovely, CA's gov wants to copy CO's TABOR budgeting [View All]

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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-05 02:35 PM
Response to Reply #2
4. Oh just lovely, CA's gov wants to copy CO's TABOR budgeting
and I'm seeing other states are trying to copy it also. Basically take any yr as a starting point and then allow growth in the budget only by population growth and inflation factors. You end up with pretty much a 'per capita' budgeting process that favors big globalized multinational corporations in the long run, for just the reasons you are pointing out.

O & M on infrastructure is sacrificed also. Free market failure (yes, it can happen) combined with corruption inherent in the system leads to 'every man for himself'. This is the essence of Ayn Rand and the neocon's economic system.

We're learning to call them "Red Ink Republicans" on the national level and corporatist shills at the local level.
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