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Californians, unlike our elected officials are honest with themselves.
"About nine of 10 residents (93 percent) describe California is being in bad economic times, according to a just-released Field Poll report.
Finding a bright spot in a rather dark economy is tough, according to respondents.
The cash-strapped state including a $19 billion deficit and a long-delayed budget provides just as much fright as the Halloween movies (though better acting by the governor and some legislative leaders). And a double-digit jobless rate does little to encourage hope, with 89 percent of respondents saying unemployment is a very serious problem.
But from the glass is half full (hopefully with something a bit better than water to drink) side, the current economic outlook has improved slightly during the past two years, when 96 percent in 2008 and 95 percent in 2008 thought the economy was bleak, at best.
What might be more alarming with the Field Poll is the dismal expectations entering 2011.
Only one of every four people expect the states economy to improve next year. That means the remaining people say the economy will stay the same or, gulp, get worse. Most economists, including those at California State University Sacramento and the University of the Pacific in Stockton, say next year will be a slight improvement, with no significant economic growth until late 2012."
The legislature is about to pass a phony budget based on theft from Trust Accounts, money from the Feds, $10 billion in borrowings from Wall Street, etc. The public understands this is more of the same that got us into this fiscal mess.
This is why we need regime change in Sacramento, before everybody is destroyed.
More...
"About nine of 10 residents (93 percent) describe California is being in bad economic times, according to a just-released Field Poll report.
Finding a bright spot in a rather dark economy is tough, according to respondents.
The cash-strapped state including a $19 billion deficit and a long-delayed budget provides just as much fright as the Halloween movies (though better acting by the governor and some legislative leaders). And a double-digit jobless rate does little to encourage hope, with 89 percent of respondents saying unemployment is a very serious problem.
But from the glass is half full (hopefully with something a bit better than water to drink) side, the current economic outlook has improved slightly during the past two years, when 96 percent in 2008 and 95 percent in 2008 thought the economy was bleak, at best.
What might be more alarming with the Field Poll is the dismal expectations entering 2011.
Only one of every four people expect the states economy to improve next year. That means the remaining people say the economy will stay the same or, gulp, get worse. Most economists, including those at California State University Sacramento and the University of the Pacific in Stockton, say next year will be a slight improvement, with no significant economic growth until late 2012."
The legislature is about to pass a phony budget based on theft from Trust Accounts, money from the Feds, $10 billion in borrowings from Wall Street, etc. The public understands this is more of the same that got us into this fiscal mess.
This is why we need regime change in Sacramento, before everybody is destroyed.
More...