Monday, February 16, 2009

No State Budget Yet: The Message for Glendale?

Thank you to legislators who voted against the latest California 2009 budget proposal. Raising sales taxes will further lower consumption. Raising car registration fees will reduce new car sales and put further pressure on auto dealerships. Raising income taxes will encourage high income earners to flee the state in higher numbers. None of this will be helpful in plugging the huge budget deficit. Whatever is finally decided in Sacramento and Washington, Glendale needs to chart its own course through troubled times.

The federal stimulus bill is not going to revive our local or state economy. It won’t solve our city’s infrastructure problems. Glendale and other California cities need to look to themselves, to make do, to cut back, and to get creative.

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