I doubt even a cloistered monk is not aware of Arnolds entrance into the race to replace the soon-to-be-recalled Governor Gray Davis, but the accolades being heaped on the "terminator" are taking on a surreal quality. From this mornings Wall Street Journal: "Hes shown a serious interest over the years in politics and government, notably through his promotion of Proposition 49, a statewide initiative that makes public funds available for after-school programs." And now for the magic part, still quoting from the Wall Street Journal: "The measure, which did not raise taxes or take money away from other state services, was approved with wide support last November." Perhaps Im missing something, but can someone explain to me how directing public funds to a new program (and locking in levels of support by initiative rather than legislative deliberation, to boot) can be done WITHOUT raising taxes OR shifting money from other programs? The normally staid WSJ thinks Arnold is only a social liberal, but unless he is really Houdini in disguise, methinks he is a fiscal liberal as well.
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