Tom McClintock on Budget & Economy

2004 former Republican Challenger CA Governor

Job loss because other states have more favorable conditions

We've had a net loss of nearly a third of a million job in the last 2-1/2 years. We've had the first net-out migration of domestic population in our state's history. And a lot of that is going to AZ and NV. When Fidelity National announced they were leaving for Jacksonville FL their CEO had taken 400 jobs with him. Their CEO was quoted on local TV, he said, this wasn't a complicated decision. In Florida, there is no income tax. The sales tax is 6%. It costs $40 to register your car.
Source: Recall Debate, Cal. State Univ. at Sacramento Sep 24, 2003

State spending increasing faster than revenue increase

We are not suffering a revenue problem. In the last four years, our inflation and population combined grown 21%. Our revenues up 25%. That's after the dot-com collapse, after the car tax was trimmed, after the state's revenues was plunged. We're still taking in significantly more revenue than inflation and population. The problem is we have a 38% increase in state spending in that same period of time, and we have not gotten a 38% increase in highway construction or school construction or anything. We're paying through the nose for this government to provide. And not hard to find waste in a system that produces as little as California and costs as much. If we restored to California government the same freedom that every family and business has to shop around for the best service at the lowest price, there's about $9 billion in savings across all departments from that one reform alone.
Source: Recall Debate, Cal. State Univ. at Sacramento Sep 24, 2003

Other governors on Budget & Economy: Tom McClintock on other issues:
AK Frank Murkowski
AL Bob Riley
AR Mike Huckabee
AZ Janet Napolitano
CA Arnold Schwarzenegger
CO Bill Owens
CT Jodi Rell
DE Ruth Ann Minner
FL Jeb Bush
GA Sonny Perdue
HI Linda Lingle
IA Tom Vilsack
ID Dirk Kempthorne
IL Rod Blagojevich
IN Mitch Daniels
KS Kathleen Sebelius
KY Ernie Fletcher
LA Kathleen Blanco
MA Mitt Romney
MD Bob Ehrlich
ME John Baldacci
MI Jennifer Granholm
MN Tim Pawlenty
MO Matt Blunt
MS Haley Barbour
MT Brian Schweitzer
NC Mike Easley
ND John Hoeven
NE Dave Heineman
NH John Lynch
NJ Jon Corzine
NM Bill Richardson
NV Kenny Guinn
NY George Pataki
OH Bob Taft
OK Brad Henry
OR Ted Kulongoski
PA Ed Rendell
RI Don Carcieri
SC Mark Sanford
SD Mike Rounds
TN Phil Bredesen
TX Rick Perry
UT Jon Huntsman
VA Tim Kaine
VT Jim Douglas
WA Christine Gregoire
WI Jim Doyle
WV Joe Manchin III
WY Dave Freudenthal
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