| Currently, California is in a world of hurt with their | | | | has arisen. That is the issue with the community |
| budget deficits and realize it is an enormous state and | | | | colleges in the state. |
| if it stood alone as a nation, it would be the seventh | | | | Remember when there are huge job losses, folks |
| largest economy in the world, not very far behind | | | | need retraining and if the community colleges are |
| some of the largest and most powerful countries on | | | | cutting classes, this will forestall the economic |
| the Planet. And like all the biggest nations in the world it | | | | recovery. To top off matters the leadership could not |
| is feeling the world-wide economic slowdown, which is | | | | get a reasonable budget in to continue the state's |
| effecting the job base and the tax base. | | | | endeavors. Perhaps, this excerpt says it all; |
| In California the real estate prices has still not hit | | | | Under the threat of a gubernatorial veto, the legislature |
| bottom with another 17% on average drop in the last | | | | compromised on the $143 billion budget. This means |
| year, that is plus the drop after the mortgage crisis | | | | much-needed funding for the 110 community colleges in |
| crash. With foreclosures, job losses and the tax hit to | | | | California, who had been relying mostly on reserve |
| the government there is a serious side problem that | | | | funds, will now come through. |