The Golden Mean
Below is a cross-post from another site – the Employment Policy Research Network – for which yours truly also blogs. You may have an interest in this item: ===================================== Mitchell’s Musings 5-21-12: The Golden Mean Daniel J.B. Mitchell California, the Golden State, has had well-publicized budget problems for years. Its formal budget process consists of the governor proposing a budget in January for the upcoming fiscal year which begins July 1. The legislature is supposed to enact a budget by June 15 and the governor is supposed to sign it, possibly with line-item vetoes, by June 30. In fact, although…
