Business & Economics
Business & Economics
More pension horrors, no fixes
SACRAMENTO It has become almost impossible to exaggerate the depth of the state’s pension scandals, as more details emerge not only about the city of Bell, but about common abuses in other burgs. A new report produced by the California Foundation for Fiscal Responsibility, and championed by San Diego Councilman ...
Business & Economics
Golden State offers tarnished ideas
Huge deficits and mounting debt. Increasing concern about creditworthiness. Large and growing government. Constant calls for higher taxes. High unemployment and a discouraged, even fearful, business community. Welcome to California. If you thought we were describing Washington, you had good reason. In instance after instance, Washington has mimicked the failed ...
Business & Economics
The Fed won’t relinquish its bigger role
SAN FRANCISCO (MarketWatch) — Financial analysts have been parsing Federal Reserve Chairman Ben Bernanke’s speech at the August meeting of central bankers in Jackson Hole, Wyo. More worthy of attention, however, is the statement made earlier in August by the Fed’s Federal Open Market Committee. It not only represented a ...
Business & Economics
The Whole 209 Yards: California’s Proposition for the Nation
The November elections have been dominating the news, obscuring a story of great interest to Contrarian readers. Those readers know that this column finds little merit in most government policies on women’s issues or gender issues. Sometimes, however, a government measure can have a positive effect. That even holds true ...
Business & Economics
The Prospective Effects of Proposition 23 on Employment in California
Suspension of AB 32 Would Add 150,000 Jobs in California in 2011 and More than 500,000 in 2012, According to New Study San Francisco A new study by the Pacific Research Institute, a free-market think tank based in San Francisco, finds that the approval of Proposition 23, suspending the implementation ...
Business & Economics
Plundered by Our Own Employees
Steven Greenhut may be the most annoying man in America. No, it’s not because he’s a mean guy or that he has created some silly reality show like Jersey Shores. It’s because Steve, a former Orange County Register columnist, writes books that you need to read, but are totally infuriating ...
Agriculture
State’s silly laws, sillier candidates
SACRAMENTO – Every legislator could have skipped out of the country for the entire legislative session, and it would not have mattered one iota to anyone outside of their staff members. That’s not cynicism, so much as a fair and balanced assessment of the last legislative session. I’m reminded of ...
Business & Economics
Does California’s Budget Crisis Discriminate Against Women?
A group of California legislators and community leaders recently met on the steps of the state capitol to protest Governor Arnold Schwarzenegger’s proposed budget cuts. The group charged that these budget cuts disproportionately affect women, but the claim ignores some key realities. “We are here to say we’d like to ...
Business & Economics
An ironic twist in fiscal policy
In an ironic twist in world politics, European leaders are calling for fiscal austerity while U.S. officials are preaching about more borrowing and spending. In the wake of the Greek debt crisis, major European governments are recognizing the value of reining in the massive deficit spending that has not “stimulated” ...
Business & Economics
Tax competitiveness is key to California recovery
California’s budget deficit is currently estimated at $19 billion, but the Golden State also suffers from myriad tax-based problems. To recover economic prosperity, the state needs immediate tax reform and long-term tax relief. The Golden State relies heavily on personal income taxes, which impose much larger economic costs than consumption ...
More pension horrors, no fixes
SACRAMENTO It has become almost impossible to exaggerate the depth of the state’s pension scandals, as more details emerge not only about the city of Bell, but about common abuses in other burgs. A new report produced by the California Foundation for Fiscal Responsibility, and championed by San Diego Councilman ...
Golden State offers tarnished ideas
Huge deficits and mounting debt. Increasing concern about creditworthiness. Large and growing government. Constant calls for higher taxes. High unemployment and a discouraged, even fearful, business community. Welcome to California. If you thought we were describing Washington, you had good reason. In instance after instance, Washington has mimicked the failed ...
The Fed won’t relinquish its bigger role
SAN FRANCISCO (MarketWatch) — Financial analysts have been parsing Federal Reserve Chairman Ben Bernanke’s speech at the August meeting of central bankers in Jackson Hole, Wyo. More worthy of attention, however, is the statement made earlier in August by the Fed’s Federal Open Market Committee. It not only represented a ...
The Whole 209 Yards: California’s Proposition for the Nation
The November elections have been dominating the news, obscuring a story of great interest to Contrarian readers. Those readers know that this column finds little merit in most government policies on women’s issues or gender issues. Sometimes, however, a government measure can have a positive effect. That even holds true ...
The Prospective Effects of Proposition 23 on Employment in California
Suspension of AB 32 Would Add 150,000 Jobs in California in 2011 and More than 500,000 in 2012, According to New Study San Francisco A new study by the Pacific Research Institute, a free-market think tank based in San Francisco, finds that the approval of Proposition 23, suspending the implementation ...
Plundered by Our Own Employees
Steven Greenhut may be the most annoying man in America. No, it’s not because he’s a mean guy or that he has created some silly reality show like Jersey Shores. It’s because Steve, a former Orange County Register columnist, writes books that you need to read, but are totally infuriating ...
State’s silly laws, sillier candidates
SACRAMENTO – Every legislator could have skipped out of the country for the entire legislative session, and it would not have mattered one iota to anyone outside of their staff members. That’s not cynicism, so much as a fair and balanced assessment of the last legislative session. I’m reminded of ...
Does California’s Budget Crisis Discriminate Against Women?
A group of California legislators and community leaders recently met on the steps of the state capitol to protest Governor Arnold Schwarzenegger’s proposed budget cuts. The group charged that these budget cuts disproportionately affect women, but the claim ignores some key realities. “We are here to say we’d like to ...
An ironic twist in fiscal policy
In an ironic twist in world politics, European leaders are calling for fiscal austerity while U.S. officials are preaching about more borrowing and spending. In the wake of the Greek debt crisis, major European governments are recognizing the value of reining in the massive deficit spending that has not “stimulated” ...
Tax competitiveness is key to California recovery
California’s budget deficit is currently estimated at $19 billion, but the Golden State also suffers from myriad tax-based problems. To recover economic prosperity, the state needs immediate tax reform and long-term tax relief. The Golden State relies heavily on personal income taxes, which impose much larger economic costs than consumption ...
