Thursday, January 06, 2011

Governor Brown and budget cuts

Governor Brown and the Republicans  propose to reduce the budget deficit  through cut backs in services, cuts to public employment, and reduction in public pensions.  This will not work.
Budget cutting to balance the budget will not get us out of this hole.  Look at Ireland, Greece, or Spain.  Budget cuts only start a downward spiral of pain.  Budget cuts and lay offs make the recession worse.
There are kids who need teachers, hospitals that need nurses, neighborhoods that need police and fire protection.
 As a result of the just passed federal tax reductions,  California’s richest taxpayers –those making over $310,000  per year -will be saving about $ 20  billion annually on their federal taxes. The Legislature should capture these tax resources to pay job creation  for the needed services in our state. 

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