San Francisco/California

Giving away the store in California?

Sacramento Bee columnist (and weblogger) Daniel Weintraub comments on yesterday’s “deal” between Gov. Arnold Schwarzenegger and the legislature.

The outcome suggests that Schwarzenegger is not as good a negotiator as he thinks he is, or at least those skills weren’t evident in this round. He was smart to demand more than he needed and then scale back from there. And he was smart to abandon the concept of a formula-driven spending cap. But in the end, he swung too far in the other direction.

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