At the first meeting in Sacramento, budget experts sketched out how the state’s unprecedented economic downturn was exacerbated by elected officials’ inopportune decisions. These decisions include outgoing Gov. Arnold Schwarzenegger’s first action in office, the slashing of the vehicle license fee, something experts had warned would cost the state billions over a few short years.
Did you get that? The reason California's in such deep crap is primarily because of the reduction in the vehicle license fee. Had Schwarzenegger not lowered that fee, everything would be hunky-dory. What other conclusion could one reasonably draw from this paragraph, quoted from the mouthpiece rag of the California Teachers Association?