California's fiscal future lookspositively dire. The budget deficit isexpected to soar to more than 40 billion (more than 1,000 per resident) overthe next year. It is the perfect stormof falling tax revenues caused by the popping of the equity and real estatebubbles, and soaring unemployment claims. But the Legislature and the governor are not the only ones to blame;just look at the results of the last election.
Voter ignorance is in large part to blame as well.