Whitman’s Economic Plan Blows A Hole In California’s Budget, Reduces Jobs And Services

Meg Whitman’s Economic Plan Blows A Hole In California’s Budget, Reduces Jobs And Services

Meg Whitman is running for governor of California. She has outlined her plan to reduce the states $20 billion deficit and grow its economy. (You can see her plan here: http://www.megwhitman.com/platform.php). According to a new Center for American Progress Action Fund analysis by Michael Reich, an Economics Professor at The University of California at Berkeley, Whitman’s economic plan — outlined in Meg 2010, Building a New California — is “likely to have negative effects on jobs and economic growth and to deepen the state’s budget crisis.”

A group of 20 California economists signed a letter today stating that “the evidence and theory that Whitman uses to diagnose California’s problems are unscientific and an unsound basis for policy. As a result, her diagnosis and her proposed economic policies are both deeply flawed…If implemented, Whitman’s program would worsen California’s budget malaise and its economic performance.”

Sounds to me like change we can't afford.

Source: http://thinkprogress.org/2010/08/10/whitman-econ-report/