"Elites" Most people who like Sarah Palin have a very strong and well-developed story in their heads about "elites" ruining their lives. These people see the country as being run by powerful, wealthy, Liberals who maintain their power by giving away opportunity and resources for free to lazy people, poor people and foreigners. According to the story in their heads, these people are "hard working" and "normal," but they have not found success or happiness because the rewards they deserve have been given to someone else. When these people with this story in their heads hear Sarah Palin they react positively.
"Professor Watson writes Hi friends, I am always being asked to grade Obama's presidency. In place of offering him a grade, I put together a list of his accomplishments thus far.
This report provides our projections of the state's General Fund revenues and expenditures for 2011 –12 through 2016–17. Our projections primarily reflect current–law spending requirements and state tax provisions, while relying on our independent assessment of the outlook for California's economy, demographics, revenues, and expenditures. This report aims to assist the Legislature with its fiscal planning as it begins to consider the 2012–13 budget.
Improving Economy Can’t Keep Up With Spending Growth: The good news is that California’s economy is growing and tax revenue is on the rise. The Governor projects Big 3 Revenues 1 to grow by $4.5 billion in 2012-13. This means more money in the bank to fund priorities like our public school classrooms and public safety. Unfortunately, the Governor’s Budget would increase spending so much next year that it will outpace the state’s revenue growth: