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I think the author is mistaken. You see, what happened in years past is that they "took out a loan" to pay for now with the promise that they'd pay it later. However, later has come and now those that benefited the most can't understand why those that have to pay for it need to tighten their belts. None of us want to stop paying for it but we've learned what they haven't: you have to live within your means.

My father said it best, "I had it great, you're screwed. Thanks for paying for it."



They didn't take out a loan, though--- the generation of Californians he's talking about (pre-1970s) built a bunch of infrastructure while also balancing the state budget.


One quibble: those "balanced" budgets included pension guarantees and other contractual terms offered to state workers (1962: health insurance) which

a) cost "nothing" to just write in the paper -- quite easy to balance

b) were actuarial suicide

c) will never be repealed.




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