Sunday, May 16, 2010

California will suffer severe budget cuts

Last Friday, Governor Arnold Schwarzenegger proposed the revised budget in California. He said: "California no longer has low-hanging fruits. We don't have any medium-hanging fruits, and we also don't have any high-hanging fruits. We have to take the ladder from the tree and shake the whole tree." This is a meaningful phrase when we relate it to business and finance.

For details, you can read the news from the link below:

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