Over 2 million unemployed not counting part- time workers and those who cannot collect any more checks, some say 1 out of 5 out of a job.
Situation is serious, and with a Democrat Governor Brown, (will be his 3rd term), he will have his say about legislation due to a Democrat majority and the 2/3 vote no long required to hold down spending bills. The states cannot print money, so more taxes is the Democrat solution, because to borrow from the Feds might not be forthcoming with Republicans controlling the printing press.
Bankruptcy is the only solution.
Don't blame the Republicans, they have had no say about the governance of California for many years.
This report is linked to Fox News.
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