|The Declarer (Floyd McWilliams' Blog)|
Saturday, August 02, 2003
evisceration of California's budget-busting governor, "Singapore" Gray Davis. Welch notes that anti-recall forces are complaining about the special election's buck-per-citizen cost:
Even if Davis weren't a hypocrite, the argument would still be ridiculous. The recall cost is three orders of magnitude less than California's budget deficit. If a CEO mismanaged a public company so badly that it lost $100 million per year, do you think the board of directors would care if it cost $100,000 to buy out his contract?