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CAFR: UC budget fully funded with one-fifth of one percent of state of CA “investments”

May 25, 2010
Carl Herman

The UC system had a budget deficit for this ending school year of $0.65 billion. The policy response was to deny 2,300 students enrollment, lay-off over 2,000 faculty and staff, furlough teaching days and cut 10% salaries, and raise tuition by 32%. For less than one-fifth of one percent of the investment total of California, UC would have been fully-funded and those reductions eliminated.

This was a point in my previous CAFR article; I’m highlighting it here and invite you to fully understand the data. The meaning of the data is that our economic crisis has been intentionally created by our political “leaders” and propagandized by corporate media. Knowledge of the data empowers citizens to end the crisis, fully investigate the criminals who caused it, and implement the obvious economic solutions that unleash trillions of dollars worth of Americans’ productivity every year for our maximum benefit and enjoyment.

The story continues …..

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