California Dreaming

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

It's too early to tell if the recall will turn out badly.  For example,
Proposition 54 -- the racial ignorance proposition -- failed because it
Bustamante got millions of dollars for his campaign, which the courts
ruled to be illegal. He turned the money over to the anti-proposition 54
campaign, which probably turned the tide.

California's budget last year avoided most of the pain by passing most
of the budget cuts on to the following year.  The hard cuts come next
year.  Schwarzenegger will have trouble pleasing many people with his
choices, possibly discrediting Republicans even more.

The negative side of the campaign is too obvious to mention.

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Michael Perelman
Economics Department
California State University
michael@xxxxxxxxxxxxxxxxx
Chico, CA 95929
530-898-5321
fax 530-898-5901