Nearly every state faces a budget shortfall these days, one that will have to be made up with higher taxes, reduced services, or a bailout from Washington. California, with a $21 billion budget gap, is in the worst shape of all...
California Stops Dreaming
Uncle Sam can print the cash
To fill his ev'ry need,
But states must tax or cut way back
When revenue streams bleed.
So now we see a sorry sight
As states to Sam go begging
To keep their fiscal boats afloat
While not on debt reneging.
Remember when we all aspired
To California dreaming?
The golden state's now much changed fate:
A wake up call demeaning.
*****
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