Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Tuesday, June 21, 2011

California Is Fucked

The budget that Jerry Brown vetoed last week contained $300 million in cuts for state funded universities, a cut they deem necessary to help close the $10 billion deficit we are facing. But how short-sighted is this?

According to the Cal State University system, every dollar invested in their schools has a $5.43 return on investment. So our cutting $150 million from their system (the UC system is also being cut by $150 million) is in effect throwing away $815 million in returns. Stupid.

In fact, of the California Senate Republicans, 2/3 of them (10 of 15) attended state funded colleges:

Doug LaMalfa – Cal Poly SLO
Anthony Cannella – UC Davis
Tom Berryhill – Cal Poly SLO
Sam Blakeslee – UC Berkeley
Sharon Runner – Antelope Valley College
Joel Anderson – Cal Poly Pomona
Tom Harman – Kansas State University
Jean Fuller – UCLA, UCSB (PhD)
Mimi Walters – UCLA
Bob Dutton – Los Angeles Valley College

How can you guys benefit from the system and then subsequently try to bring it down?