Arnold's new clothes
I was thinking it quite odd that a guy who campaigned so hard on strict budget limits and no deficit spending now thinks it's okay to propose tens of millions in bonds for the state to sell. The L.A. Daily News notes some other
By the way, I've heard that the state will have to pay out 78 cents in interest for every dollar spent. I'd have to think there is a better way to fund this sort of thing rather than paying almost twice the cost. Maybe not do it all in one chunk, for one thing.
But hey, Arnold's up for re-election. He's got to do something to appease the people his alienated up until now. I'm not sure complete reversals on policy are the way to accomplish that, though. Because, of course, there's no reason to think he won't flip his flop again.