Leonard Gilroy is director of government reform at Reason Foundation and editor of the Annual Privatization Report. In 2010 and 2011, Gilroy served as a gubernatorial appointee to the Arizona Commission on Privatization and Efficiency, and in 2010 he served as an advisor to the New Jersey Privatization Task Force, created by Gov. Chris Christie.
To make his budget proposal look balanced this time around, Gov. Brown makes another series of optimistic assumptions, including that the tax increases California voters approved last November won’t hurt the economy and the state’s economy and tax revenues will grow; that California’s millionaires, hit with higher taxes again, won’t pack up and move to low-tax states; that California’s housing market will improve and home prices will go up; that President Barack Obama and Congress won’t do anything to hurt the national economy; and that the stock market will rise.
18 Jan 2013