Governor Schwarzengroper, fresh from having his nose bent and bloodied at the polls, has changed his tune. He's singing that old Temptations song.....more taxes will solve everything. Okay, well, more bonds anyway. But any way you slice it, bonds have to be repaid, with interest, and that means taxes have to be paid....
One positive: If you must tax and spend, going this route (bonds) guarantees the money will be spent on infrastructure instead of being flushed down a nearby rat hole. Lord knows that the infrastructure in Californicate is beyond shabby, top to bottom, Redwoods to the Sierra, Needles to Yreka, Bay Area to LA.
I'm not going to remind you that TWC told you it would all turn out badly because I hate being right about this stuff.
UPDATE: But it's a lovely warm morning with views to the horizon. Just the kind of enticement a certain scrawny high school kid I once knew needed to convince him to opt for the open road instead of rollcall in homeroom all those years ago.