Fora.tv: Arnold Schwarzenegger to Detroit: Get Off Your Butt
Let's get a few things straight about the Governator and his financial acumen: For that, I'll turn to the ever-irascible San Diego libertarian blogger WC Varones:
From the I-Told-You-So Department
The California budget situation is completely out of control. Raise taxes and you'll drive the last few productive people out of state. Slash spending and you'll add thousands of layoffs to an already bleak economy.
At the time Mr Schwarzenegger promised an end to California’s tax-and-spend policies and runaway expenses, yet over the past four years of his administration the state’s budget has grown by 40 per cent to $144.5 billion.
Honestly, Arnold is in no position to criticize anyone, whether government agency or corporate entity for screwing up.
If he'd been beating the electric car drum ten or even five years ago, he might have actually succeeded in looking like he had a "vision."
Instead, the timing and content of his lecture to the Detroit Three smacks of scoring cheap political points at their expense at a time when his ship of state is taking on water and heeling heavily to starboard. Sphere: Related Content