Again and Again...

So, California is still in the red, and again, they're trying to sell-off landmark (or at least thinking about selling off landmarks) such as San Quentin Prison, the Orange County fairgrounds and the Los Angeles Coliseum.

Since when will people wake up?! It's like civilians who struggle to make ends-meet each day. I believe we need to wakeup and smell the coffee. Whenever you have a budget deficit, whether it be at home or at your business, you do NOT sell-off assets and NOT reduce spending in order to close the gap.

First-off, you reduce spending. Cut out the "pork" from whatever it is you're doing. If at home, you cut-out the pork by not going out to eat, not getting those Air Jordans for the kids for school, rather opting to get a more conservative pair of New Balances, which will feel and walk just the same (hey! you can spend $200 a pair and replace them again next summer, or $60 a pair and replace them again next summer, at least when money is tight). At your business, you can be sure employees are not abusing equipment, not abusing company-time (is standing and talking to Pedro for 2 hours of an eight-hour shift really getting something productive done?), etc.

Now, I am not preaching to those individuals who are striving, but when a state like California is too stupid, as a whole, to realize the mess they're in and needing to reduce spending (I've heard estimates of $10B a year going to benefits for illegal aliens... .. With a $21B deficit, that's an easy $10B off the books, as far as I can tell). Reduce spending and then see where they fall... Then, if truly necessary, then begin thinking about selling off properties. Is that THAT hard to understand?!