And I know this happens because I took economics, and I'd explain it to yea' - but I flunked that course. Not my fault. They taught it at 8 o'clock in the morning. And there is absolutely nothing you can learn out of one bloodshot eye.
I think what we had today was a disconnect between the stock market and the economy. The U.S. economy looks great...corporate profits [are] good...inflation and interest rates will be friendly for longer.
The budget presented today is a responsible and reasonable use of the increased revenues produced by our robust economy. With no new taxes, the balanced budget presented today is a good step towards keeping California's economy thriving.