Getting Out of Debt, For Now

THE UNITED STATE OF CALIFORNIA, which for many years now has been the target of predictions of economic disaster, has been making an economic comeback, it seems. State employees are soon to receive a pay raise, and the new prediction is that within five years the state will have multi billion dollar budget surpluses. This seems hard to believe, considering the dire debt in which the state was mired for seemingly forever. Governor Jerry Brown is a liberal democrat; can it be that Governor Brown's policies are responsible for this fantastic change of fortune? Who else? So,in short; it turns out that in America, with a liberal democrat as the "head of state", a liberal democrat formulating and enacting public policy - good things can happen. Let the resurgence of California's fiscal fortune be an inspiration and a lesson for us all! If it can be done in California, it can be done anywhere, including the United States of America as a whole, including Greece, including Detroit, including anybody. Some of us can remember when New York City was bankrupt, asked for federal help, and was told "no" by President Gerald R. Ford. Also during the nineteen seventies Great Britian went bankrupt, and just look at them today! Perhaps governor Brown should give lectures and seminars to the city leaders of Detroit. California evidently raised tuition on state colleges, cut pay for state employees, and stopped state subsidies for a number of businesses. Painful medicine, but it worked, and now, within a few years, the state of California might be able to resume all the pork barrel spending it cut out to get out of fiscal trouble - and get right back into it.