Schwarzenegger cleaning up the state budget barn

It´s been reported today that California Governor, Arnold Schwarzenegger is threatening to cut state employee´s wages to minimum wage until a resolution to the budget crisis is signed.

Evidently, state employees are screaming that this is unfair, that their wages are taken hostage. I couldn´t agree more.

But I also agree with the Governor. That´s right, I agree that state a employee´s salary should be brought down to the minimum wage of $6.55/hour.

Let´s make something clear. Arnold Schwarzenegger is not only a former bodybuilder and movie star. Between those two careers, he was a self-made millionaire…when a million dollars was a lot of money. While his status as a known bodybuilder certainly assisted him, he got to be financially sucessful by applying two things. Discipline and fiscal responsibility.

When Governor Davis was ousted, Schwarzenegger was brought in to clean up the house which is exactly what he is trying to accomplish. The fact that he is considering such punitive measure just goes to show how much he has to put up with. Don´t blame him, blame the people stopping him from doing his job of cleaning up the mess that is the financial books of the State.

If no agreement on the budget is passed, an economic collapse for California would be inevitable. Since this is the largest economy in the U.S.A., it would only help in starting a domino effect and pull other states into financial chaos. So moving out of state will not fix the problem if you´re considering that.

I suggest to the employees of the State of California to take on the minimum wage offer if it´s brought on the table. If no agreement is passed, it might become the cushiest job in the state yet.