Governor Schwarzenegger was Tuesday’s KVML "Newsmaker of the Day". Here are his words:
"Hi, this is Gov. Arnold Schwarzenegger with another California Report.
This week marks the end of the old year and the beginning of a new one.
I know 2009 was a very challenging year for many Californians.
It was also the most challenging year for me since I have been in office.
Over the last 12 months, the state of California faced a $60 billion deficit and a 12.5 percent unemployment rate.
But working together, both Democrats and Republicans, we solved some of those challenges and we got California thru the brunt of the worst economic crisis since the Great Depression.
Now, as we enter this new year, there are signs that our economy is beginning to stabilize.
For example, California’s unemployment rate has begun to slowly tick downward.
Yet tough times still lie ahead.
That is why my New Year’s Resolution is to help speed up our economic recovery and create a job for every Californian who wants one.
My Number One priority is jobs, jobs, jobs.
And in my State of the State Address next week, I will announce a job creation package to help spur job growth and jumpstart our economy.
The other thing we must do this year to help our economy, is reform California’s broken
budget and tax systems.
I will talk more about this in my State of the State but the bottom line is, our budget and tax systems are the root of a lot of our state’s fiscal problems.
Over the years they have led to volatile swings in revenue and massive deficits.
They have led to painful spending cuts and tax increases. This holds our economy back
from its full potential.
So this year, we must finally find the will to fix them and to give California a more solid, a more reliable source of revenues. As we embark on this new year, I have great hopes for California.
And I have great hopes for what, working together, we can accomplish.
Thank you for listening."
The "Newsmaker of the Day" is heard each weekday morning on AM 1450 KVML at 6:47, 7:47 and 8:47am.
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