'Evening News' Blames State Budget Woes on Economy, Ignores Growth of

It's basic economics - when the economy contracts and the flow of money slows, so do tax receipts to local governments, barring maneuvering by the government to impose higher taxes. And that has been a focus of news stories, most notably the state budget woes that have recently hit California. A June 22 "CBS Evening News" segment showed how, during this sluggish economy, the demand for state…