Jerry Brown opposes red ink
The roller coaster of inflation followed by recession is out of control. The time has finally come to balance what we spend with what we produce."
With that declaration, reminiscent of conservative Republican affirmation since the time of Herbert Hoover, California's Democratic Governor Jerry Brown last week sounded a theme for his presidential campaign and joined a growing national movement to balance the federal budget by outlawing deficit spending.
Said Brown in his second-term inaugural address: "It is time to get off the treadmill, to challenge the assumption that...