Liberal, Irreverent

Saturday, January 31, 2009

What California and the United States have both in common?

What California and the United States both have in common?

1) Both are world economies: The USA is the #1 economy in the world while California is the 5th largest economy of the world.

2) Both hold huge budget deficits: The USA holds over a trillion dollar deficit while California holds a 42 billion dollar deficit.

3) The top executives who managed the state economies in the last 8 yrs are republicans.

4) Both, the USA and CA, were in much better financial shape before the republican executives took over.

Just coincidence and bad luck or is this another example of how incompetent are republicans in managing the taxpayers resources?

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