California failing
Article Abstract:
California governor Pete Wilson is planning to shift responsibility for some social security programs to local governments. The state budget has been suspended because of arguments over cuts in state services such as welfare. Growing voter apathy reflects a loss of confidence in politicians.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Pyrrhic Pete
Article Abstract:
Wilson has won his budget battle with the California legislature but at a huge cost in public relations. Californians will not easily forget that it was his resistance to compromise that left the state without a budget for two months. Schools will suffer from his education budget cuts.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Big bad Pete: California
Article Abstract:
Wilson is steadfastly demanding deep cuts in education and welfare, as he and the Legislature grapple with a $10.7 billion budget deficit. Government bills are being paid in IOUs, causing Moody's to downgrade the state's bond rating from AAA to AA.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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