Business & Economics

Business & Economics

Amending an end to out-of-control spending

If there’s anything that the vast majority of Americans can agree upon politically, it’s that federal spending is out of control. The federal budget is $1 trillion higher than in 2007. It has doubled since President Reagan’s second term, even after adjusting for inflation. Our national debt is now $13 ...
Business & Economics

Can We Fix the California Crackup?

Last month, Joe Mathews and Mark Paul of the New America Foundation came to Sacramento to promote their new book, California Crackup: How Reform Broke the Golden State and How We Can Fix It. Few if any in the audience at the University of California Sacramento Center took issue with ...
Business & Economics

Brown tips his hand on taxes

SACRAMENTO At Jerry Brown’s briefing Wednesday to discuss the dismal condition of the state budget, now plagued by a $25 billion deficit, the incoming governor said, “Everything should be on the table, and everyone should be at the table to talk about it.” Whenever a California Democrat tells you that ...
Business & Economics

Calif. can’t compete with Texas, study says

When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow-up to a similar one in 2008, which also showed the Golden State lagging ...
Business & Economics

California Continues to Lag in Economic Rivalry With Texas

Laffer: “In several key areas, California’s economy has become even less competitive than before” AUSTIN, Texas, Oct. 11 /PRNewswire-USNewswire/ — Not only does California’s economic climate continue to lag behind that of Texas, “in several key areas, California’s economy has become even less competitive than before,” according to research released ...
Business & Economics

California can’t compete with Texas, study says

When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow up to a similar one in 2008, which also showed the Golden State ...
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

Amending an end to out-of-control spending

If there’s anything that the vast majority of Americans can agree upon politically, it’s that federal spending is out of control. The federal budget is $1 trillion higher than in 2007. It has doubled since President Reagan’s second term, even after adjusting for inflation. Our national debt is now $13 ...
Business & Economics

Can We Fix the California Crackup?

Last month, Joe Mathews and Mark Paul of the New America Foundation came to Sacramento to promote their new book, California Crackup: How Reform Broke the Golden State and How We Can Fix It. Few if any in the audience at the University of California Sacramento Center took issue with ...
Business & Economics

Brown tips his hand on taxes

SACRAMENTO At Jerry Brown’s briefing Wednesday to discuss the dismal condition of the state budget, now plagued by a $25 billion deficit, the incoming governor said, “Everything should be on the table, and everyone should be at the table to talk about it.” Whenever a California Democrat tells you that ...
Business & Economics

Calif. can’t compete with Texas, study says

When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow-up to a similar one in 2008, which also showed the Golden State lagging ...
Business & Economics

California Continues to Lag in Economic Rivalry With Texas

Laffer: “In several key areas, California’s economy has become even less competitive than before” AUSTIN, Texas, Oct. 11 /PRNewswire-USNewswire/ — Not only does California’s economic climate continue to lag behind that of Texas, “in several key areas, California’s economy has become even less competitive than before,” according to research released ...
Business & Economics

California can’t compete with Texas, study says

When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow up to a similar one in 2008, which also showed the Golden State ...
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 ...
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