California

Business & Economics

Governor exposes his hypocrisy by denying Californians a vote

Republican efforts to trade a tax vote for a fiscal reform vote are going nowhere fast, as Gov. Jerry Brown continues to prove that he is the best $30 million investment that the state’s public employee unions ever could have made. That’s the amount of independent expenditures the unions spent ...
Business & Economics

California’s three-step recovery

As conflicts rage across the Midwest between state governments intent on solving their budget crises and public-sector unions trying to protect the status quo, there has been a worrisome calmness in Sacramento. This is a sure sign that California leaders are refusing to make hard decisions, in a state whose ...
Business & Economics

Analyze This: Unelected Regulatory Zealots Don’t Need More Power

California’s Legislative Analyst (LAO) is a nonpartisan body “providing fiscal and policy advice to the Legislature for more than 70 years,” according to its website. Some of its recent advice is seriously misguided, such as a proposal to expand the power of an unelected body, headed by regulatory zealots, that ...
Commentary

Pro & Con: Should states block formation of health insurance exchanges?

In January, U.S. District Judge Roger Vinson ruled in favor of Georgia and 25 other states that the federal health reform law was unconstitutional. Last December, U.S. District Judge Henry Hudson made a similar decision in a lawsuit brought by Virginia. The elected branches also are doing their part to ...
Business & Economics

The Fed needs to free the market

SAN FRANCISCO (MarketWatch) — The Financial Crisis Inquiry Commission issued its finding that the devastating economic events of the past few years were “preventable.” The FCIC heaped the blame on many parties, but drew the wrong conclusion when it faulted the government and Federal Reserve for lax oversight. On the ...
Business & Economics

Cities go on wild spending sprees

SACRAMENTO – Gov. Jerry Brown has been caught flat-footed in his plan to shutter the state’s redevelopment agencies as cities across California continue to squander their redevelopment cash, tying up hundreds of millions of dollars in long-term spending on half-baked projects simply to keep the money away from the state. ...
Business & Economics

Redevelopment is Redistribution

Nine of California’s big-city mayors met recently with Gov. Jerry Brown in an attempt to talk him out of eliminating redevelopment agencies (RDAs) as part of his budget-balancing proposal. The mayors support keeping RDAs intact because they believe it is through redevelopment that cities create jobs. “Without redevelopment agencies,” several ...
Business & Economics

Californians need to suffer more

People increasingly want answers for how California can solve its fiscal problems, but I rarely have good news to offer. Last week, I wrote about three Assembly Republicans who attended a “no more cuts” rally sponsored by the Service Employees International Union – those always-agitated, purple-shirted, bullhorn-toting activists who are ...
Business & Economics

Balancing California’s unwieldy budget

Gov. Jerry Brown’s State of the State speech Monday night was pretty much what anyone should have expected, as the new governor championed his “tough choices” budget and pushed hard for its centerpiece: a public vote on controversial tax extensions. Since his inauguration, Brown has made it clear that he ...
California

A School Choice Week lesson for Gov. Brown

Gov. Jerry Brown eliminated the office of the state secretary of education, but aside from that symbolic and inconsequential act, his proposed education budget for 2011-12 contains no real reform ideas. California’s new chief executive should use National School Choice Week, the last week in January, to consider innovative ways ...
Business & Economics

Governor exposes his hypocrisy by denying Californians a vote

Republican efforts to trade a tax vote for a fiscal reform vote are going nowhere fast, as Gov. Jerry Brown continues to prove that he is the best $30 million investment that the state’s public employee unions ever could have made. That’s the amount of independent expenditures the unions spent ...
Business & Economics

California’s three-step recovery

As conflicts rage across the Midwest between state governments intent on solving their budget crises and public-sector unions trying to protect the status quo, there has been a worrisome calmness in Sacramento. This is a sure sign that California leaders are refusing to make hard decisions, in a state whose ...
Business & Economics

Analyze This: Unelected Regulatory Zealots Don’t Need More Power

California’s Legislative Analyst (LAO) is a nonpartisan body “providing fiscal and policy advice to the Legislature for more than 70 years,” according to its website. Some of its recent advice is seriously misguided, such as a proposal to expand the power of an unelected body, headed by regulatory zealots, that ...
Commentary

Pro & Con: Should states block formation of health insurance exchanges?

In January, U.S. District Judge Roger Vinson ruled in favor of Georgia and 25 other states that the federal health reform law was unconstitutional. Last December, U.S. District Judge Henry Hudson made a similar decision in a lawsuit brought by Virginia. The elected branches also are doing their part to ...
Business & Economics

The Fed needs to free the market

SAN FRANCISCO (MarketWatch) — The Financial Crisis Inquiry Commission issued its finding that the devastating economic events of the past few years were “preventable.” The FCIC heaped the blame on many parties, but drew the wrong conclusion when it faulted the government and Federal Reserve for lax oversight. On the ...
Business & Economics

Cities go on wild spending sprees

SACRAMENTO – Gov. Jerry Brown has been caught flat-footed in his plan to shutter the state’s redevelopment agencies as cities across California continue to squander their redevelopment cash, tying up hundreds of millions of dollars in long-term spending on half-baked projects simply to keep the money away from the state. ...
Business & Economics

Redevelopment is Redistribution

Nine of California’s big-city mayors met recently with Gov. Jerry Brown in an attempt to talk him out of eliminating redevelopment agencies (RDAs) as part of his budget-balancing proposal. The mayors support keeping RDAs intact because they believe it is through redevelopment that cities create jobs. “Without redevelopment agencies,” several ...
Business & Economics

Californians need to suffer more

People increasingly want answers for how California can solve its fiscal problems, but I rarely have good news to offer. Last week, I wrote about three Assembly Republicans who attended a “no more cuts” rally sponsored by the Service Employees International Union – those always-agitated, purple-shirted, bullhorn-toting activists who are ...
Business & Economics

Balancing California’s unwieldy budget

Gov. Jerry Brown’s State of the State speech Monday night was pretty much what anyone should have expected, as the new governor championed his “tough choices” budget and pushed hard for its centerpiece: a public vote on controversial tax extensions. Since his inauguration, Brown has made it clear that he ...
California

A School Choice Week lesson for Gov. Brown

Gov. Jerry Brown eliminated the office of the state secretary of education, but aside from that symbolic and inconsequential act, his proposed education budget for 2011-12 contains no real reform ideas. California’s new chief executive should use National School Choice Week, the last week in January, to consider innovative ways ...
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