Business & Economics
Business & Economics
Bankruptcy one of state’s few options
SACRAMENTO – Congressional Republicans “should be ashamed of themselves for even suggesting” bankruptcy as an option for California and other debt-plagued states, according to Sacramento Bee Capitol columnist Dan Walters. Unlike municipalities, states aren’t allowed to go bankrupt, but some conservatives have talked openly about changing the law. Walters, reflecting ...
Business & Economics
Is Brown dodging pension reform?
At a League of California Cities event in Sacramento, Gov. Jerry Brown promised local officials struggling under the weight of pay and benefit costs that he would, indeed, put forward pension-reform proposals in the coming weeks. Yet I see little evidence so far that the new governor is interested in ...
Business & Economics
The Acting Governor
As Arnold Schwarzenegger stepped down as governor of California, he could behold two dispiriting sights: a state struggling with structural budget deficits, just as it had struggled when he marched into office as a conquering action hero, and an approval rate just 1 point higher than his disgraced and recalled ...
Business & Economics
Brown targets corporate welfare
This really could be the beginning of the end for the state’s redevelopment agencies, those noxious, corporate-welfare-enabling entities that have wreaked havoc on property rights in California since the 1950s. The new governor’s budget plan would eliminate California’s 425 redevelopment agencies and divert the cash that now goes through them ...
Business & Economics
Brown ignores state’s competitiveness
Gov. Jerry Brown’s fiscal 2011-12 budget aims to close the state’s projected $26.4 billion deficit with a combination of tax measures and targeted spending cuts. While a welcome change from gimmicks that only defer the problem, the budget ignores long-term competitiveness problems that plague the Golden State. Gov. Brown proposes ...
Business & Economics
Better To Cut Payroll Tax For Employers
As the clock wound down on 2010, President Obama signed into law the tax deal he struck with Republicans. One provision is a one-year, 2-percentage-point reduction in the employee portion of the Social Security payroll tax. This measure is supposed to reduce unemployment by boosting spending, but a more effective ...
Business & Economics
Brown sees perdition as our condition
As a new governor takes over amid a flurry of promises and activity, and the tired, boring old governor exits the scene, it’s easy to forget that the old guy also came in amid a torrent of activity and interest. Jerry Brown is talking about shifting control from Sacramento to ...
Business & Economics
Conservative Spotlight: Pacific Research Institute
Human Events had it right in 2005 when it named Sally Pipes one of the “Top 10 Women in the Conservative Movement.” As president and CEO of Pacific Research Institute (PRI), Pipes has become an essential voice in the health-care debate, frequently sounding the alarm against the single-payer system. During ...
Business & Economics
Good Riddance to the Paycheck Fairness Act
Republicans in the Senate have successfully blocked the Paycheck Fairness Act. That is something to celebrate in 2011 because the Act had little to do with fairness. It would have empowered the federal government to regulate compensation and work arrangements in private businesses. Supporters lament that Congress has missed a ...
Business & Economics
Where the Nanny Statists Begin, the Trial Lawyers Surely Follow
Of course, bad ideas migrate quickly through the political class, so San Francisco soon passed a similar law. In this case, the momentum was achieved with help from a bloated public-health department, gorged on freshly minted tax revenue. But two counties are not enough for the trial-lawyers lobby, so they’ve ...
Bankruptcy one of state’s few options
SACRAMENTO – Congressional Republicans “should be ashamed of themselves for even suggesting” bankruptcy as an option for California and other debt-plagued states, according to Sacramento Bee Capitol columnist Dan Walters. Unlike municipalities, states aren’t allowed to go bankrupt, but some conservatives have talked openly about changing the law. Walters, reflecting ...
Is Brown dodging pension reform?
At a League of California Cities event in Sacramento, Gov. Jerry Brown promised local officials struggling under the weight of pay and benefit costs that he would, indeed, put forward pension-reform proposals in the coming weeks. Yet I see little evidence so far that the new governor is interested in ...
The Acting Governor
As Arnold Schwarzenegger stepped down as governor of California, he could behold two dispiriting sights: a state struggling with structural budget deficits, just as it had struggled when he marched into office as a conquering action hero, and an approval rate just 1 point higher than his disgraced and recalled ...
Brown targets corporate welfare
This really could be the beginning of the end for the state’s redevelopment agencies, those noxious, corporate-welfare-enabling entities that have wreaked havoc on property rights in California since the 1950s. The new governor’s budget plan would eliminate California’s 425 redevelopment agencies and divert the cash that now goes through them ...
Brown ignores state’s competitiveness
Gov. Jerry Brown’s fiscal 2011-12 budget aims to close the state’s projected $26.4 billion deficit with a combination of tax measures and targeted spending cuts. While a welcome change from gimmicks that only defer the problem, the budget ignores long-term competitiveness problems that plague the Golden State. Gov. Brown proposes ...
Better To Cut Payroll Tax For Employers
As the clock wound down on 2010, President Obama signed into law the tax deal he struck with Republicans. One provision is a one-year, 2-percentage-point reduction in the employee portion of the Social Security payroll tax. This measure is supposed to reduce unemployment by boosting spending, but a more effective ...
Brown sees perdition as our condition
As a new governor takes over amid a flurry of promises and activity, and the tired, boring old governor exits the scene, it’s easy to forget that the old guy also came in amid a torrent of activity and interest. Jerry Brown is talking about shifting control from Sacramento to ...
Conservative Spotlight: Pacific Research Institute
Human Events had it right in 2005 when it named Sally Pipes one of the “Top 10 Women in the Conservative Movement.” As president and CEO of Pacific Research Institute (PRI), Pipes has become an essential voice in the health-care debate, frequently sounding the alarm against the single-payer system. During ...
Good Riddance to the Paycheck Fairness Act
Republicans in the Senate have successfully blocked the Paycheck Fairness Act. That is something to celebrate in 2011 because the Act had little to do with fairness. It would have empowered the federal government to regulate compensation and work arrangements in private businesses. Supporters lament that Congress has missed a ...
Where the Nanny Statists Begin, the Trial Lawyers Surely Follow
Of course, bad ideas migrate quickly through the political class, so San Francisco soon passed a similar law. In this case, the momentum was achieved with help from a bloated public-health department, gorged on freshly minted tax revenue. But two counties are not enough for the trial-lawyers lobby, so they’ve ...
