Democrat governors in several states are dealing with difficult situations due to the COVID-19 situation. What’s especially sad for people in those states is that the terrible situations are, to a large extent, a direct result of the lockdowns and control freak thinking of those Democrat governors. If you question that at all, just ask anyone living in New York (Andrew Cuomo), Michigan (Gretchen Whitmer), or California (Gavin Newsom).
To make it worse in Newsom’s case, there is an active recall effort because he has done such a horrible job there and oppressed California residents terribly. People are fleeing the state by the thousands.
But Newsom is fighting back against that recall effort. Oh, he’s calling it an act of kindness, of generosity, but, call me cynical: I don’t believe it. Tim Shaler gives us the details:
California is flush with cash and Gov. Gavin Newsom is giving it away.
The state found itself with a $75.7 billion budget surplus for the current fiscal year, and Newsom announced May 10 that he wants to give all $12 billion of it away.
He said he wanted to fund “nearly $12 billion in direct cash payments to Californians hit hardest by the pandemic…[including] more than $5 billion in aid … to those who need help paying their rent or utility bills.”
Even so, contributions to the state “rainy day fund,” or budget stabilization fund, are down from the year-ago period. Last year through April 30, the state had added $14 billion to its stabilization fund. This fiscal year, California used a net $8 billion from the fund.
The state pulled $16 billion from the fund earlier this fiscal year, but since deposited $8 billion back into it. It means the account’s balance has decreased about $8 billion over the past year, from $16.5 billion on April 30, 2020, down to about $8.3 billion on April 30.
How convenient. Nearly $12 billion dollars right when a recall effort is picking up steam. That’s not fishy, is it?