July 15, 2004

GOV. SCHWARZENEGGER gets George Will'ed: "The musical 'Annie' taught, tomorrow is always a day away. Schwarzenegger, a political rookie, has a precocious understanding of the Annie principle of governance: Voters lavish approval on leaders who arrange for future voters to pay for current consumption of government services .. in the 14 months from May 1 [2004] through next June 30 [2005], there will be a 54 percent increase -- from $33 billion to $50.7 billion -- in [California's] debt backed by general fund revenue". Posted by Greg Ransom | TrackBack