California

California

Is The Fix In Higher Taxes And Less School Accountability

Supporters of Gov. Jerry Brown’s tax-hike ballot measure, Proposition 30, argue that the added tax revenues are needed so schools can, among other things, turn out high-achieving students. The head of the San Diego teachers union claims that without revenues to pay for programs and personnel, “our schools are struggling ...
Business & Economics

More taxes won’t fix state debt

The Golden State continues to lead the nation in accumulating public debt, a race where being in first place isn’t the same thing as winning. “California again trumped other states with a $617 billion debt,” reported State Budget Solutions, a nonpartisan organization advocating “fundamental reforms” for state budgets. For the ...
California

Implementing AB 32 will increase unemployment, household expenses

With the passage of California’s Assembly Bill 32, the Golden State has embarked upon an experiment in energy policy that has no modern parallel. Several recent studies have shown that the consequences to the state could be dire, and that California faces a choice between continuing on its current trajectory ...
California

Lessons for California from Chicago teachers strike

WITH teachers in Chicago on strike, it’s tempting for Californians to view it as a phenomenon of the rough-and-tumble politics of the Windy City with little application to the Golden State. True, some issues, such as the high wage demands of the teachers union, are Chicago-specific. But in many other ...
Business & Economics

FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO

Facebook’s stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May. The social network’s executives, employees and investors aren’t the only ones disappointed by the stock’s underperformance. The state of California was hoping for roughly $2 ...
California

Calif. governor hoping to keep ObamaCare

The head of a California research organization says Gov. Jerry Brown (D) is planning to keep ObamaCare intact in his state, even if it is reversed under Mitt Romney’s leadership. Brown plans to hold a special legislative session in December on issues related to ObamaCare to give him and state ...
California

Repeal or not, California’s stuck with Obamacare

Even if Mitt Romney is elected president and gets rid of Obamacare, we might be stuck with some variation of it here in California. That’s what’s behind Gov. Jerry Brown this week calling a special session of the California Legislature to deal with health care in December or January. The ...
California

Jerry Brown using kids as bait, again

It’s become a cliché that whenever governments want more money from taxpayers, officials insist the added burden must be borne “for the children.” With 50 years in the game, Gov. Jerry Brown knows that clichés work. So, Thursday he kicked of his campaign for Proposition 30, which would increase state ...
Commentary

The CBO Just Rendered Its Verdict On The Cost Of Obamacare, And It Isn’t Pretty

The Congressional Budget Office (CBO) just rendered its latest opinion on the cost of Obamacare following the Supreme Court’s decision to uphold most of the law back in June. The numbers aren’t pretty. Despite breathless media reports of additional “savings,” the government’s bean counters actually exposed several flaws in the ...
Business & Economics

Brown should go back to idea of a flat tax to help economy

Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
California

Is The Fix In Higher Taxes And Less School Accountability

Supporters of Gov. Jerry Brown’s tax-hike ballot measure, Proposition 30, argue that the added tax revenues are needed so schools can, among other things, turn out high-achieving students. The head of the San Diego teachers union claims that without revenues to pay for programs and personnel, “our schools are struggling ...
Business & Economics

More taxes won’t fix state debt

The Golden State continues to lead the nation in accumulating public debt, a race where being in first place isn’t the same thing as winning. “California again trumped other states with a $617 billion debt,” reported State Budget Solutions, a nonpartisan organization advocating “fundamental reforms” for state budgets. For the ...
California

Implementing AB 32 will increase unemployment, household expenses

With the passage of California’s Assembly Bill 32, the Golden State has embarked upon an experiment in energy policy that has no modern parallel. Several recent studies have shown that the consequences to the state could be dire, and that California faces a choice between continuing on its current trajectory ...
California

Lessons for California from Chicago teachers strike

WITH teachers in Chicago on strike, it’s tempting for Californians to view it as a phenomenon of the rough-and-tumble politics of the Windy City with little application to the Golden State. True, some issues, such as the high wage demands of the teachers union, are Chicago-specific. But in many other ...
Business & Economics

FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO

Facebook’s stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May. The social network’s executives, employees and investors aren’t the only ones disappointed by the stock’s underperformance. The state of California was hoping for roughly $2 ...
California

Calif. governor hoping to keep ObamaCare

The head of a California research organization says Gov. Jerry Brown (D) is planning to keep ObamaCare intact in his state, even if it is reversed under Mitt Romney’s leadership. Brown plans to hold a special legislative session in December on issues related to ObamaCare to give him and state ...
California

Repeal or not, California’s stuck with Obamacare

Even if Mitt Romney is elected president and gets rid of Obamacare, we might be stuck with some variation of it here in California. That’s what’s behind Gov. Jerry Brown this week calling a special session of the California Legislature to deal with health care in December or January. The ...
California

Jerry Brown using kids as bait, again

It’s become a cliché that whenever governments want more money from taxpayers, officials insist the added burden must be borne “for the children.” With 50 years in the game, Gov. Jerry Brown knows that clichés work. So, Thursday he kicked of his campaign for Proposition 30, which would increase state ...
Commentary

The CBO Just Rendered Its Verdict On The Cost Of Obamacare, And It Isn’t Pretty

The Congressional Budget Office (CBO) just rendered its latest opinion on the cost of Obamacare following the Supreme Court’s decision to uphold most of the law back in June. The numbers aren’t pretty. Despite breathless media reports of additional “savings,” the government’s bean counters actually exposed several flaws in the ...
Business & Economics

Brown should go back to idea of a flat tax to help economy

Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
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