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"A comprehensive, collaborative elections resource."
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Governor Jerry Brown Inaugural Address January 16, 1979
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| Parent | Parent Candidate |
| Contributor | Thomas Walker |
| Post Date | , 12:am |
| Description | From an historic vantage point, we have reached a watershed. For the first time since World War II, state government spending will clearly not keep pace with inflation. This will challenge us to join together to take care of those most in need, maintain a reasonable level of services, and yet also invest in some new initiatives.
It would be unwise to stifle all new programs because of this period of fiscal stress. It is utterly essential to continue new investments in our economy so that renewed prosperity will allow us to meet future needs. The economic pie will only grow if we encourage our most vigorous enterprises in key areas such as: agriculture, electronics, energy and conservation, education and research, job training, and risk-taking businesses.
The budget has only enough money for a 0.2% increase in general fund expenditures, which because of inflation translates into almost a 10% cut in purchasing power.
Never since World War II has a budget been so tight. The reason is simple. For the last three years you have dramatically responded to the desire of our citizens for tax relief.
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