Monday, July 21, 2003

California I Thought I Should See

According to this study published in USA Today on how states have managed their money over the last five years the Golden State ain't so golden anymore. In fact California finished dead last overall among the fifty states based on spending restraint, bond rating, and the tax system.

Minnesota in comparison was rated among the best, despite earning only two of a possible four stars under spending restraint. This will come as news to the chicken littles here in the North Star State who wish to believe that the state budget has been slashed to the bone (and then some) and our mystical quality of life has been forever lost.

I'm sure there are many Californians who would gladly swap their state's fiscal situations with them.

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