Written by Nicholas Vetrisek
For decades, conservatives have been adamant about promoting a balanced budget to California Democrats. But Democrats by and large have simply refused to see the need for such a thing on the local, state, and federal level.
To them, the idea was unnecessary and old fashioned. Instead, Democrats preferred to pump billions of dollars into pet projects that would help them win votes. Now that unemployment is over 35% in some areas and the economy is imploding, there is no one to bail them out.
Upon sending a revised budget proposal to the State Legislature, Governor Newsom said that “if California doesn’t get more federal aid, billions of dollars will be cut from K-12 schools and community colleges, the University of California and Cal State University systems will face 10% cuts, and some Medi-Cal and welfare benefits will be rolled back.”
Newsom is like every other Democrat that has run California going all the way back to the 1970s. They thought that they could spend, and spend, and spend, and there would be no consequences. Unfortunately, reality hits like a sledgehammer.
The governor has a new $203 billion budget plan that will cut out many of his more outlandish plans like expanding healthcare coverage to illegal immigrant seniors, but the truth is that it won’t matter all that much. His latest proposed budget still places our state at a $54 billion deficit.
“We’re looking at a multi-year strategy to work through this budget deficit… No matter what we do this year, it won’t be enough to address the shortfall this year.”
Unfortunately, like James Taggart in “Atlas Shrugged,” he still thinks there are people that can save him. “The President of the United States, with the stroke of a pen, could provide support for Speaker Pelosi’s new HEROES Act, and these cuts would be eliminated,” Newsom said.
The problem is that the federal government is in just as much financial trouble as California is, if not more. The nation’s debt is over $25 trillion and the deficit this year alone is expected to be roughly $4 trillion. The feds can’t save Newsom anymore than he can save himself.
All of this could have been avoided if our leaders—and we as voters—had exercised proper financial sense. Yes, our leaders failed, but more importantly, we failed. There is no one to save us.
If there’s any good news to be gained from all this, it comes from the old saying: “Strong men create good times. Good times create weak men. Weak men create bad times. Bad times create strong men.” We have seen the first three sentences, now it’s time for the fourth.