"The world's eighth largest economy" — California falling into arrears dilemma
As a result of tax revenue and financial crisis, the Government of the new financial year, California has faced huge 243 billion deficit, with California audit total words of Changjiang Chun-Hui: "State Government is afraid that after 50 days, however will go out of business." In desperation, tough guy Schwarzenegger was forced to write to the Federal Government has reached out to money in the hope that through the Government's economic aid to alleviate the plight of California. Phoenix TV reporters from the latest reports:
California officials said, now especially Obama government intervention in the financial crisis in California, it's a good idea to provide billions of dollars in emergency loans, if the Federal Government not to that point, California from July onwards will pay out money to, and the consequences of doing so is economic deterioration, California Finance Chief leaves at fall Creek 13 may write to the federal Treasury Secretary Geithner's letter says, the California financial plight on financial stability will cause huge impact, even if not to the extent of the influence of global financial, at least on the United States is a big shock, economists said the Federal help save a State budget, has not yet tried, only one case is the Federal Ministry of finance in the 1970s New York City's financial crisis relief too, Chief of the California financial, as well as falling leaves, Schwarzenegger said that last autumn Congress authorized the Federal Government to aid economy, so the Obama administration has the right to do so, now is the time to help California.
California is the most populous in the United States, the largest and richest counties. Some people say that if the State of California as a practical management, Schwarzenegger's eighth largest economy in the world. However, the financial crisis broke in California's Gold dream, California real estate bubble burst, tax reduction, the unemployment rate soared, coupled with drought in California this year, the fire and so on, the California financial blow to the economy.
However, no matter how whine, Schwarzenegger to emergencies in the United States, California, or in the top 16, decided to withhold aid. View California can also rely on their own strength to support, in addition, if a precedent to California, other States will have to follow.
Once saved the world of tough guy terminator Schwarzenegger, this really will end California's future? remember in 2003, his California Governor Schwarzenegger said: "California are at a critical juncture, my Government is to save California", today, the situation of man in California is a great way.
Weird tactics to save California
Hand held the rotten forged of Schwarzenegger in fact took office after the ingenuity, various monsters and save California's future.
Strange move first, end the prison
Schwarzenegger decided to sell is located in the San Francisco Bay in Saint Quentin article tribute in changting prisons. This prison surrounding scenery beautiful, away from the Golden Gate Bridge is only 10 minutes by car, market estimated at 20 billion dollars. Sell it, and then drop in other parts of the reconstruction of the prison to spend $ 1 billion, the California Government can left 10 million.
Strange and second, the end reader
Schwarzenegger announced that, from the new school year in the autumn of this year, California will be the first in the high school started with online electronic version of the math books, to replace the current paper textbooks. In fact, in the United States, students use textbooks are provided free of charge by the school. In order to save money, Schwarzenegger did not hesitate in children's books on the "move tool".
Strange end wage, and
Throttle work also did the State Government. Schwarzenegger said that the State Government will have on its employees and contractors to "wage ious to hair. Employees and contractors can in future State Government money, by virtue of ious to cash wages.
Challenger appears
Pull out all the stops, still change. Terminator Governor unable to end California nightmare. So some of the experts come complaining for Schwarzenegger, California government deficit is a long-standing problem, but cannot be changed overnight. The problem lies in the constant increase in government expenditure, but lack the corresponding expenditure; in addition, the financial system disorder, mismanagement, State boards and review system of prolonged, as well as the impact of the financial tsunami, the budget deficit becomes a California Government's "cancer", not only short-term die hard, even slow and delayed California's economic recovery.
The dilemma facing California, the intention to take refuge in government support of Schwarzenegger, received a paper rejected requests, thus ending his hope. Station before the people in California, Schwarzenegger said that we had in his films will hear the lines: "California" is General Ledger ' day! "
Terminator power there? you can challenge has emerged, and this is the original United States well-known electronic Harbour (eBay) CEO Meg Whitman · recently officially announced that he will attend the 2010 campaign for California Governor. It is intelligent and a tough guy-contest, we see the final end is who will end up who ...
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