Because What Happens Is, As The Economy Suffers, Tax Revenues Go Down. But Unlike Businesses, Where At Least Your Variable Costs Go Down, In Government Your Variable Costs Go Up: Unemployment Insurance, Workmen's Compensation, Health Care Benefits, Welfare, You Name It.

Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen's compensation, health care benefits, welfare, you name it.

Meg Whitman

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Because if you don't have a great workforce, a great higher education system, you're not going to have the next eBay, the next AmGen, the next, you know, Miasole, and not only California but America is going to fall behind a whole new competitive context which is obviously China, India, and other countries.

Meg Whitman

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