The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

California Deficit

Nov 22, 2010

Funny thing. Practically the day after the election, the California state government announced that the deficit is really much bigger than what they said before. They now say it is about 25 billion dollars – practically one third of all state revenues.

So what is the real deficit? Politicians play with numbers to fit what they want to do.