California now has the lowest credit rating in the country – literally #50, although we may be tied with Louisiana. Yes, I know this topic is a bit far afield for this blog but isn’t it pathetic that our Sacramento lawmakers can’t find a way to compromise to get a budget passed?
I thought about this reading the Wall Street Journal lead story today. Is it even conceivable that your business would be unable to establish a budget so many months after the deadline? Divisions and departments wouldn’t / couldn’t compromise even if the company was circling the drain?
Nope. Only in Sacramento. Wow!
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Read my latest column from the NY Times affiliate, the North Bay Business Journal.
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Noah J. Rosenkrantz, CEO, GreenLine Systems
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