Business & Economics

Business & Economics

How lawsuit reform could jump-start Illinois’ economy

The Illinois economy continues to struggle, with an unemployment rate of 11.5 percent, near the highest in the nation. If lawmakers want to put people back to work, without costing taxpayers another penny for “stimulus,” they can enact desperately needed lawsuit reforms. In the newly released U.S. Tort Liability Index: ...
Business & Economics

Appeals bond cap on the table in New Jersey

A2473 would limit the amount of appeal bond in civil actions to the total value of the monetary judgment or $50 million, whichever is less. Mr. O’Brien wrote, “New Jersey’s reputation recently took a hit when a Pacific Research Institute study ranked the state’s as the most worrisome tort system. ...
Business & Economics

Without legal reform, economic growth evades Nevada

State’s poor civil-justice tort climate drives away businesses and entrepreneurs Nevada’s economy continues to struggle. Its unemployment rate is 14 percent, the highest in the nation. If lawmakers want to put people back to work — without costing taxpayers another penny for “stimulus” — they can enact desperately needed lawsuit ...
Business & Economics

It’s not easy being nonunion green

SACRAMENTO – The state’s Democratic legislators have an inordinate hostility to the free marketplace, as evidenced by their endless push for new business regulations and for higher taxes for corporations and wealthy Californians. Yet there is one form of business development that the California Left has embraced with particular gusto ...
Business & Economics

Public Employee Unions: On the Defensive?

Public Employee Unions: On the Defensive? Four big California public employee unions — including firefighters and highway patrol officers — would roll back their pensions under a deal struck this week with the governor. The compromise comes at a time when public sector unions are increasingly under pressure to make ...
Business & Economics

At the crossroads of Silicon Valley, Sacramento

California is pursuing an IT Strategic Plan, the official state blueprint for improving citizen and internal services through technology investments. Though launched with good intentions, the plan could benefit from some revision and more input from Silicon Valley. Historically, government officials have struggled to effectively manage the state’s massive, decentralized ...
Business & Economics

When governments lobby governments

During the current economic downturn, governors across the nation such as Arnold Schwarzenegger of California have been lining up to lobby the federal government for bailout money. For the public, and taxpayers in particular, this activity raises serious but seldom examined questions. If private citizens undertook such activity, there are ...
Business & Economics

No pension fix from Capitol

“One cannot be both a progressive and be opposed to pension reform,” Gov. Arnold Schwarzenegger’s top pension adviser, David Crane, said during a pension-reform hearing May 10. “The math is irrefutable that the losers from excessive and unfunded pensions are precisely the programs progressive Democrats tend to applaud. Those programs ...
Business & Economics

Government by State Employees is Not Government by the People

SACRAMENTO—From Susanville to San Diego, California cities are struggling financially but now face more bad news. Assembly Bill 155, by Tony Mendoza, Artesia Democrat, would prevent California cities from filing for federal bankruptcy protection. The union-backed bill would allow a union-friendly state agency, the California Debt and Investment Advisory Commission, ...
Business & Economics

Taxifornia by Jason Clemens

Business & Economics

How lawsuit reform could jump-start Illinois’ economy

The Illinois economy continues to struggle, with an unemployment rate of 11.5 percent, near the highest in the nation. If lawmakers want to put people back to work, without costing taxpayers another penny for “stimulus,” they can enact desperately needed lawsuit reforms. In the newly released U.S. Tort Liability Index: ...
Business & Economics

Appeals bond cap on the table in New Jersey

A2473 would limit the amount of appeal bond in civil actions to the total value of the monetary judgment or $50 million, whichever is less. Mr. O’Brien wrote, “New Jersey’s reputation recently took a hit when a Pacific Research Institute study ranked the state’s as the most worrisome tort system. ...
Business & Economics

Without legal reform, economic growth evades Nevada

State’s poor civil-justice tort climate drives away businesses and entrepreneurs Nevada’s economy continues to struggle. Its unemployment rate is 14 percent, the highest in the nation. If lawmakers want to put people back to work — without costing taxpayers another penny for “stimulus” — they can enact desperately needed lawsuit ...
Business & Economics

It’s not easy being nonunion green

SACRAMENTO – The state’s Democratic legislators have an inordinate hostility to the free marketplace, as evidenced by their endless push for new business regulations and for higher taxes for corporations and wealthy Californians. Yet there is one form of business development that the California Left has embraced with particular gusto ...
Business & Economics

Public Employee Unions: On the Defensive?

Public Employee Unions: On the Defensive? Four big California public employee unions — including firefighters and highway patrol officers — would roll back their pensions under a deal struck this week with the governor. The compromise comes at a time when public sector unions are increasingly under pressure to make ...
Business & Economics

At the crossroads of Silicon Valley, Sacramento

California is pursuing an IT Strategic Plan, the official state blueprint for improving citizen and internal services through technology investments. Though launched with good intentions, the plan could benefit from some revision and more input from Silicon Valley. Historically, government officials have struggled to effectively manage the state’s massive, decentralized ...
Business & Economics

When governments lobby governments

During the current economic downturn, governors across the nation such as Arnold Schwarzenegger of California have been lining up to lobby the federal government for bailout money. For the public, and taxpayers in particular, this activity raises serious but seldom examined questions. If private citizens undertook such activity, there are ...
Business & Economics

No pension fix from Capitol

“One cannot be both a progressive and be opposed to pension reform,” Gov. Arnold Schwarzenegger’s top pension adviser, David Crane, said during a pension-reform hearing May 10. “The math is irrefutable that the losers from excessive and unfunded pensions are precisely the programs progressive Democrats tend to applaud. Those programs ...
Business & Economics

Government by State Employees is Not Government by the People

SACRAMENTO—From Susanville to San Diego, California cities are struggling financially but now face more bad news. Assembly Bill 155, by Tony Mendoza, Artesia Democrat, would prevent California cities from filing for federal bankruptcy protection. The union-backed bill would allow a union-friendly state agency, the California Debt and Investment Advisory Commission, ...
Business & Economics

Taxifornia by Jason Clemens

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