This morning commenting on anemic economic growth figures for the third quarter of 2010, Carly Fiorina pointed to the problems preventing the Golden State from regaining its luster:
. . . the budget-busting, government-growing policies Barbara Boxer and her fellow career politicians in Washington championed have failed to stimulate the long-term growth our economy needs in order to experience a full, sustainable recovery . . . . the economic ‘stimulus’ plan was only successful in stimulating growth in the size of government.
Emphasis added. The problem nationwide, but particularly here in California is the incredible grown in the size of government.
In order to make the Golden State golden once more, elected officials in Sacramento and Washington need do four things:
- Cut taxes, particularly those on businesses (you know the institutions which create jobs and generate growth)
- Reduce regulations which increase the cost of running businesses
- Cut government budgets
- Reform state public employee pension plans/reduce influence of public employee unions
At the federal level, it may be a good idea to use the FY 2007 budget as a baseline. In California, we’ll have to go back even further, to the last budget of Governor Pete Wilson.
In her campaign for Governor, Meg Whitman has focused on all four while Carly seeking federal office has focused on the first three, the last being a state issue. Basically, the Republicans have a plan to fix what ails California. The Democrats want to keep the status quo.
Support my gal so she can push pro-growth policies in Washington.