Kudlow Says Pot Legalization Push is Cover for Failed Schwarzenegger Governorship
It has a lot of proponents, both liberal and libertarian. But would the legalization of marijuana for the purpose of creating a new revenue stream for government be a good thing?
According to CNBC â€śThe Kudlow Reportâ€ť host Larry Kudlow, the way current California Gov. Arnold Schwarzenegger is trying to promote it isnâ€™t for the purest of intentions, but just to bring in more revenue for his stateâ€™s beleaguered budget.
â€ś â€¦ Gov. Schwarzenegger, I mean he basically wants to get everybody stoned and then raise taxes,â€ť Kudlow said on his May 12 broadcast. â€śNow I have a problem with that. If we raise taxes, we ought to do it in a sober way so people can lash back at it.â€ť
Back in 2003, after former California Gov. Gray Davis was recalled, Schwarzenegger was elected on a socially liberal and conservatively fiscal platform, which Kudlow alleged Schwarzenegger didnâ€™t live up to.
â€śThe guy is desperate for revenue to finance his gigantic spending programs,â€ť Kudlow said. â€śHeâ€™s really failed as a governor. When he beat Gray Davis a couple of years back, he was going to balance the budget, keep taxes down, stop spending. Heâ€™s failed at all that stuff. â€ś
Kudlow called Schwarzeneggerâ€™s efforts to make marijuana legalization an issue in the public dialogue a distraction to divert attention from the other problems in his state.
â€śI have nothing against Gov. Schwarzenegger personally,â€ť Kudlow added. â€śBut I think the guyâ€™s had a really bad term and I think this legalization of marijuana is a last-ditch attempt for him to stir the pot, almost to distract from his other problems.â€ť
Some media outlets had actively covered the issue of marijuana legalization with the passing of April 20 â€“ a significant date for many of the advocates of marijuana use. Many of those reports cited as a legalization benefit the potential source of revenue for government.