Quote:
Originally posted by theking
The real problem with the California deficit began with Pete Wilson (former Governor and Republican) when deregulation of the utility suppliers was encouraged and enacted by him...and the lack of building new utility suppliers. Davis came into office and because of deregulation...Enron was basically allowed to steal California blind. This caused businesses to migrate away from California...loss of jobs...loss of State revenue etc.
Davis has taken the hit because he was at the helm when the shit came down...and is blamed for his lack of action, or his actions, rightfully, or wrongfully, depending upon ones viewpoint.
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Add in dot com bubble burst, downward US overal economy, and the tiny fact that the recal started within days of him taking office paid for by a certain party and you got it.
Still where are all the pro whomever, Davis haters?