Business & Economics

Business & Economics

Report: California Pensions Underfunded by $500B

Business & Economics

Some fight the good fight for freedom

I, as a nattering nabob, see negativism everywhere. The Legislature manages to do just about everything wrong. The Obama administration – like the Bush administration – is an embarrassment bordering on a disaster. Debt is rising, freedom is receding, and our governments keep getting bigger and more wasteful. I, as ...
Business & Economics

Progressives for Pension Reform?

With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state will need to tap its general fund for billions to prop up faltering public-employee pension funds. With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state ...
Business & Economics

Doctors, patients need legal reform

Doctors in America are spending more time in courtrooms – and less time with patients – as personal injury lawyers wage a war on providers that’s harming the quality of health care. Some states are taking steps to curb this abuse, and other states have good reason to follow their ...
Business & Economics

An education autopsy for Steinberg’s tax swap

The tax swap proposed by Senate President Pro Tem Darrell Steinberg may be dead, but it can still help educate legislators in their quest to fix the budget, currently about $20 billion in the red, and restore prosperity in California. Steinberg advanced a plan to cut the sales tax rate ...
Business & Economics

Studies Disprove “Second Shift” Narrative

Vol. 14 No. 08, September 7, 2010 Studies Disprove “Second Shift” Narrative By Sally C. Pipes, President and CEO It’s been a challenging summer for the Women’s Movement. The recent publication of two “time use surveys” in the United States and Europe contradicts the preferred feminist narrative about the lives ...
Business & Economics

California’s recipe for stagnation

As legislators finished their session and scattered to their home districts this week without a realistic budget plan and two months after the deadline for approving a budget, one cannot help but wonder if our elected leaders truly grasp the depths of economic crisis and despair facing Californians. Unemployment in ...
Business & Economics

State budget mess a comedy, or tragedy?

SACRAMENTO – As entertainment goes, the final regular-season episode of the Budget Show in the Capitol was shoddy. The actors – the Assembly members and senators – are B-rate. The speeches, despite their strained attempts to sound Kennedy-esque, were pretentious. Those of us in the audience sometimes rolled our eyes ...
Business & Economics

California Debt Clock

Business & Economics

Pension escape routes being cut

I’ve frequently argued that, as the state faces an unfunded pension liability that’s as high as $500 billion, legislators are not doing anything about a problem that is depleting public services and imposing additional debt and tax burdens on Californians. In fact, the state’s legislators are doing something: They are ...
Business & Economics

Report: California Pensions Underfunded by $500B

Business & Economics

Some fight the good fight for freedom

I, as a nattering nabob, see negativism everywhere. The Legislature manages to do just about everything wrong. The Obama administration – like the Bush administration – is an embarrassment bordering on a disaster. Debt is rising, freedom is receding, and our governments keep getting bigger and more wasteful. I, as ...
Business & Economics

Progressives for Pension Reform?

With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state will need to tap its general fund for billions to prop up faltering public-employee pension funds. With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state ...
Business & Economics

Doctors, patients need legal reform

Doctors in America are spending more time in courtrooms – and less time with patients – as personal injury lawyers wage a war on providers that’s harming the quality of health care. Some states are taking steps to curb this abuse, and other states have good reason to follow their ...
Business & Economics

An education autopsy for Steinberg’s tax swap

The tax swap proposed by Senate President Pro Tem Darrell Steinberg may be dead, but it can still help educate legislators in their quest to fix the budget, currently about $20 billion in the red, and restore prosperity in California. Steinberg advanced a plan to cut the sales tax rate ...
Business & Economics

Studies Disprove “Second Shift” Narrative

Vol. 14 No. 08, September 7, 2010 Studies Disprove “Second Shift” Narrative By Sally C. Pipes, President and CEO It’s been a challenging summer for the Women’s Movement. The recent publication of two “time use surveys” in the United States and Europe contradicts the preferred feminist narrative about the lives ...
Business & Economics

California’s recipe for stagnation

As legislators finished their session and scattered to their home districts this week without a realistic budget plan and two months after the deadline for approving a budget, one cannot help but wonder if our elected leaders truly grasp the depths of economic crisis and despair facing Californians. Unemployment in ...
Business & Economics

State budget mess a comedy, or tragedy?

SACRAMENTO – As entertainment goes, the final regular-season episode of the Budget Show in the Capitol was shoddy. The actors – the Assembly members and senators – are B-rate. The speeches, despite their strained attempts to sound Kennedy-esque, were pretentious. Those of us in the audience sometimes rolled our eyes ...
Business & Economics

California Debt Clock

Business & Economics

Pension escape routes being cut

I’ve frequently argued that, as the state faces an unfunded pension liability that’s as high as $500 billion, legislators are not doing anything about a problem that is depleting public services and imposing additional debt and tax burdens on Californians. In fact, the state’s legislators are doing something: They are ...
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