State of the Nation. "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. When they hear Sarah Palin stumble on her words, botch a policy statement, or otherwise sound unprepared, they do not hear "stupid," they hear "normal. " When they hear Sarah Palin complain about being trashed by the elite liberal media, they do not hear complaining, they hear their own story of being defrauded of their success by powerful people.
Sarah Palin makes them feel the opposite. Independent Voter Network (IVN) - Non-Profit Unfiltered Political News. 90 Accomplishments of Pres. Obama Which The Media Fails to Report.... "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. I think you would agree that it is very impressive. His first six months have been even more active than FDRs or LBJs the two standards for such assessments. As such, there is a need to set the record straight. Oh, and he built a swing set for the girls outside the Oval Office!
B Robert P. The 2012-2013 Budget: California's Fiscal Outlook. This report provides our projections of current–law state General Fund revenues and expenditures for 2011–12 through 2016–17. Economic Recovery Even Slower Than Expected One year ago, we wrote that the U.S. economic recovery was progressing more slowly than previously expected.
Once again, we have to make the same observation. While the economy has some bright spots, including export growth and strength in technology–related service sectors (which are important to California), weakness in the housing market continues to affect both the construction industry and the financial services sector. LAO Revenue Forecast Would Translate Into $2 Billion of "Trigger Cuts" Our updated assessment of California's economy and revenues indicate that General Fund revenues and transfers in 2011–12 will be $3.7 billion below the level assumed in the 2011–12 budget package passed in June. Estimated 2012–13 Budget Problem of $13 Billion $3 Billion Deficit at End of 2011–12.
Conclusion Basis for Our Estimates.
Budget Update. 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 Revenues1 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: The Governor’s January 2012 budget assumes that General Fund spending will grow $6 billion to $92.6 billion – a 7% increase from the adjusted 2011-12 budget2. 30% Spending Increase Over Next 4 Years The Governor’s budget proposal assumes that with his tax increase, General Fund spending will increase $30 billion over the next four years.
Education Spending: General Fund spending for California’s K-12 public schools is projected to grow by almost $4 billion – from $34.2 billion in 2011-12 to $38.2 billion in 2012-133. Health and Welfare Spending: