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That Sinking Feeling

Jul
29
2003

Think about this: San Francisco has passed a budget. The state hasn’t. And just in case you thought government and business had nothing to do with one another — and there are plenty of you out there — take a look at these three stories. One, on the state’s falling bond rating. These days, it’s junk. Two, California’s trade offices are going to be closed. Given the amount of business California does with Asia alone, this can’t be good news. It all adds up to this: Budget woes aren’t just bad for people who hold elected office. They’re bad for everybody.

Share  Posted by Chris Nolan at 6:08 PM | Permalink

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