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A Shocking Swing in California's Economy

4 Jan 2024 · 0 min

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YouTube conversation (Chris Collins and others) criticizing California governor Gavin Newsom's fiscal management. Speakers claim Newsom inherited a roughly $100 billion surplus but has turned it into an $80 billion deficit (others characterize this as a $200 billion swing), calling the outcome wasteful and a major administrative failure occurring during an up economy.

Questions this video answers

$100 billion surplus

$80 billion deficit

$200 billion swing

I am so.
Worried that Gavin's going to be the, the.
Next one up.
And he, I, for the life of me, I don't understand how he's the governor here when the.
He'S made such a mess. He may be the worst.
In the history, like he's made such a mess. You know, when he came in, he had $100 billion surplus. I think we're running, the taxes we pay here were running an $80 billion deficit.
It's a 200 billion dollar swing.
In an up economy.
Just think about the amount of waste and mistakes and like it's just nuts.