Gavin Newsome turned a huge budget surplus into a deficit in just 1 year

[Rust_Cohle]

CA Gov. Newsom Manages to Turn a Massive Budget Surplus Into a $32 Billion Deficit—in Just One Year

In January 2022, California Governor Gavin Newsom gloated over his financial prowess in a tweet: NE

redstate.com

Anatomy of Failure: How CA Governor Newsom Turned a Huge Budget Surplus Into a Devastating Deficit

The opinions expressed by contributors are their own and do not necessarily represent the views of R

redstate.com

Way to go democrats. And you can't blame repubs for this one. Democrats have had total control of CA for years now

 

[Moonglow]

So the governor has complete control of all funds in California?

 

[the other mike]

So the governor has complete control of all funds in California?

Why do always defend the traitors and bad people ?

 

[Rust_Cohle]

So the governor has complete control of all funds in California?

When its his budget and spending plans uh yeah dummy. Who do you think implements spending in a state if not the governor?

 

[SassyIrishLass]

When its his budget and spending plans uh yeah dummy. Who do you think implements spending in a state if not the governor?

He's not awfully bright

 

[Rust_Cohle]

More here for a lefty perspective

How Newsom solves California budget that went from a $97.5 billion surplus to $31.5 billion deficit

California went from $97.5 billion budget surplus to $31.5 billion deficit in a year.

www.eastbaytimes.com

What you need to know about Newsom's plan to offset California's $31.5-billion deficit

Here's what you need to know about Gov. Gavin Newsom’s plan to offset California’s $31.5-billion budget deficit.

www.latimes.com

 

[Moonglow]

When its his budget and spending plans uh yeah dummy. Who do you think implements spending in a state if not the governor?

I see so it is not just the governor who is spending the money.

 

[yidnar]

Why do always defend the traitors and bad people ?

birds of a feather .

 

[Moonglow]

 

[Moonglow]

Why do always defend the traitors and bad people ?

I was unaware this was a thread about treason.

 

[Rust_Cohle]

I see so it is not just the governor who is spending the money.

You see what dumbass? What kind of nonsensical reply is that

 

[SassyIrishLass]

California spent 33 billion on a train to nowhere

 

[EvilCat Breath]

There never was a surplus. Democrats in California have been doing this for decades. They are always surprised when it gets bad.

Clever accounting and wishful thinking give California a yearly projected surplus. It's not real. Overjoyed with this projected windfall, the politicians spend it. Then they are surprised by the deficit.

 

[SassyIrishLass]

There never was a surplus. Democrats in California have been doing this for decades. They are always surprised when it gets bad.

Clever accounting and wishful thinking give California a yearly projected surplus. It's not real. Overjoyed with this projected windfall, the politicians spend it. Then they are surprised by the deficit.

Sorta like Bill Clinton's imaginary surplus

 

[Moonglow]

There never was a surplus. Democrats in California have been doing this for decades. They are always surprised when it gets bad.

Clever accounting and wishful thinking give California a yearly projected surplus. It's not real. Overjoyed with this projected windfall, the politicians spend it. Then they are surprised by the deficit.

I can't remember too many years there has not been a deficit in California...

 

[Moonglow]

Sorta like Bill Clinton's imaginary surplus

In 1993, President Clinton and Vice President Gore launched their economic strategy: (1) establishing fiscal discipline, eliminating the budget deficit, keeping interest rates low, and spurring private-sector investment; (2) investing in people through education, training, science, and research; and (3) opening foreign ...

The Clinton Presidency: Historic Economic Growth - The White House​

 

[Meister]

 

[SassyIrishLass]

In 1993, President Clinton and Vice President Gore launched their economic strategy: (1) establishing fiscal discipline, eliminating the budget deficit, keeping interest rates low, and spurring private-sector investment; (2) investing in people through education, training, science, and research; and (3) opening foreign ...

The Clinton Presidency: Historic Economic Growth - The White House​

There was never a surplus or balanced budget.

They even teach that in economics

 

[Moonglow]

There was never a surplus or balanced budget.

They even teach that in economics

I see you are citing your source.

 

[Meister]

"I can't remember too many years where there wasn't a deficit in California" since Moonbeam took over the governorship.