A Death Spiral

Most respected economists agree that the way to fight out of a recession is to spend more and tax less. You have to keep money flowing in the system, and to do that you need to create jobs. The federal government and especially President Obama understand that. So why does the state of California have it backwards? They want to raise taxes, and cut jobs. What they are doing is creating a death spiral in our state. This tax on alcohol, including wine, will hurt the economy and the state. What our state government needs to do is get on board with the federal plan and borrow the money so we can keep spending and keep jobs in the state. When the crisis is over, then pay your debts and set up a rainy day fund for the future.