Today I Learn… I make a point of learning something new everyday. This is what I learn each day

1, Jan 30, 2009

An idiot’s Dream–Californian Model

Filed under: American Culture,Economy — admin @ 9:13 am

The state of California faces a projected deficit of nearly $42 billion by the middle of next year. To save money, its governer issued an executive order requiring 238,000 state employees take two days off without pay each month. A Sacramento state court judge orders officials to immediately implement this plan. This equals to a 9% pay cut and a saving of $1.3 billion for the state through June 30 next year.

Instead of giving out money for more spending, this is taking away so that they don’t have anything to spend. Of course, less consumer spending will cause contraction. But why spending on borrowed money?

This is the brightest idea and a very courageous act that I have heard of so far since the nation’s economic crisis, even at the risk of his political career. It is like a political suicide to even mention it because people hate to the guts even the idea of a penny cut from their paycheck. When I talked to the monitor about this yesterday, he thought American would never accept this. Personal sacrifice like this simply runs against the cultural gene.

The United States would be immensely better off if we had a revolutionary president like this governer. Imagine how much saving it would mean to the federal government if all federal employees could take the similar action! Well, another idiot’s dream.

Yesterday, I learned of two suicide cases happened in Los Angeles, both committed by unemployed fathers. In one case of an Indian family, the father took away the lives of three children, his wife, mother-in-law before he ended his own. In another, also a minority family, the father finished the lives of his five children, his wife and his own. There are many cases of individual suicide lately, but it is too tragic to take the whole family.

These crazy family killings must have sent a scary message to the children. My daughter said jokingly to me, “Don’t kill me if either of you loss your job. I still want to live.” She has learned the company was going to lay off people soon. I told her not to worry because we can manage over 2 years in case the paychecks were cut, without touching our retirement funds.

So much for an American dream or the end of it for those Dear Departed. Should we call it an idiot’s dream?

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