The California Dollar

It’s an interesting time to be changing my residency to the Golden State. California is now known worldwide as a budgetary nightmare. I know it, you know it, the TVs know it. So my question is this: are we going to learn from Cali’s mistakes? (this post is more of an inquisition than a statement)

So far, state workers are getting furloughed along with their benefits cut back, social programs are being slashed, taxes will be increased even more, and the govt. is handing out friggin IOUs! Haven’t heard of the so called crisis? Check out these stories:
http://www.mercurynews.com/topstories/ci_12837694
http://www.reuters.com/article/newsOne/idUSTRE56E49D20090715
http://www.nytimes.com/2009/07/16/us/16calif.html?_r=1&hp

If a state’s bonds can be rated as worth ‘next to nothing’ who is to say that our country’s won’t follow shortly? The solutions that are being implemented aren't bad, they seem to be common sense. Buy why are they all reactive instead of showing we had been proactive with the budget in the past? Perhaps I've been looking in the wrong area for change, but when the nation’s spending continues to increase so much, I can't smile too much. Who are we kidding?

On a lighter note, Californians are trying really hard to fix things: