The State of CA?
The answer: in dire straits. Governor Schwarzenegger plans on signing an executive order which will reduce the state's employee salaries to the federal minimum wage, well below California's own minimum wage limit. Will this be carried out to fruition? I don't know. You conceivably are taking about 200,000 wage earners' spending dollars out of the economy, an economy that is already in turmoil. Add to that the high fuel prices, and you have people not driving anywhere to spend money they don't have anyway. Of those employees, add the number of their kids receiving allowances, or those having to cut back spending on the spouses' incomes. Merchants will see less business, who in turn as consumers must also curtail their spending. A domino effect, but not dominoes.
For Arnold the Chess Player, it is a chess game and the state workers are the pawns.
For Arnold the Chess Player, it is a chess game and the state workers are the pawns.
Labels: budget, California, economy, gas prices, minimum wage, Schwarzenneger, state workers




















