We're looking at something that is one step above a bare-bones budget.
"Jean Iris Ross" (1911-1973) was a British singer and writer. She was the model for the Sally Bowles character in the Berlin stories and novels of Christopher Isherwood.
More Jean Ross on Wikipedia.The bottom-line difficulty is that many low-income folks don't have money to save, even if they desperately want to.
A lot of people are struggling to get by.
The longer I look at the measure, the more I think I don't really know what would be happening.
If there is a deep drop in revenues, it is very difficult to accumulate substantial enough reserves to keep spending at the maximum allowed by the cap.
What's troubling about the economic recovery that we've been in is that all of the traditional indicators of employment, household income and poverty levels are lagging behind prior expansions.
You had both Republicans and Democrats saying we need to balance the budget. How can we afford to do this? It really did come down to a matter of priorities. I think the process worked.
There is a wage premium in the Bay Area. The critical question, however, is whether that premium is sufficient to offset the higher cost of living here.
We're going to put together a corrected list that will run in the newspaper.
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