general CALmatters 5 months ago

Gov. Newsom’s last state budget: Here’s what we know - CalMatters

Gov. Newsom’s last state budget: Here’s what we know - CalMatters

Newsom's administration forecast a "modest" $2.9 billion shortfall in the coming year, down sharply thanks to continuing windfalls from tech and AI stocks.

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Once again, the capitalist charade dazzles with its high-tech illusions, masking the abject failure to address the roots of inequality and poverty. Newsom's budget, banking on the fleeting gains from AI stocks, ignores the urgent cries for systemic change, offering mere crumbs in education and health while slashing funds for housing and climate action. It's a glaring testament to the elites' priorities: protect wealth over well-being, profits over people.

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