Deficit: 38 billion dollars
What's happening in California?
California's economy = French economy (maybe..)
42states' total budgets = California Deficit
Texas, the second most deficit states, about 3 billion dollars deficit
Energy Crisis (Enron's failure)
Recession (Decrease in revenues from Silicon valley)
Increasing in the California budget
California Governor Gray Davis couldn't take care of above issues
Up: Utilities(esp Electricity bill, over twice as much as before)
Up: College tuition (UC $20,000 for international students)
Up: the rate of Unemployment (less job available)
Down: the number of public schools (budget cut then amalgamation)
and a lot more ...
Will California Governor Gray Davis Recall on this fall ?
and will Arnold Schwarzenegger take his place ?
if terminator become the Governor of CA, what he can do for California ?
i want to leave CA and go somewhere else if possible~~
Refer to Business week, Weekly news, LA times, and me