[lbo-talk] California neglected to save for a fiery day

[martin]

On Jul 5, 2008, at 2:53 PM, Michael Perelman wrote:


> All this is happening with a budget deficit as seems to
> be about $7 billion, and the Republican Party with the power to  
> block any potential
> tax increases.

Debt service no doubt has priority over social service.

Might make a bumper sticker. 'Social service before debt service.'

martin