California

Business & Economics

Does California’s Budget Crisis Discriminate Against Women?

A group of California legislators and community leaders recently met on the steps of the state capitol to protest Governor Arnold Schwarzenegger’s proposed budget cuts. The group charged that these budget cuts disproportionately affect women, but the claim ignores some key realities. “We are here to say we’d like to ...
Business & Economics

More ‘fixes’ won’t fix California

It’s easy to conclude that California may become, as former state librarian Kevin Starr put it, a “failed state.” It’s just too big, unruly and diverse to be effectively governed, commentators frequently say. SACRAMENTO – It’s easy to conclude that California may become, as former state librarian Kevin Starr put ...
California

Governor Schwarzenegger: Don’t Build This Wall!

One of President Reagan’s most famous quotes was his appeal to Soviet Communist Party Chairman Gorbachev to “tear down this wall!” Governor Schwarzenegger has a similar opportunity to prevent a wall that limits people’s freedom from being built in the first place. ObamaCare relies on states to implement most of ...
Business & Economics

Where Are the Angry California Voters?

The G.O.P. in California has had to rely on candidates who can finance themselves. NO MONEY, NO MOVEMENT California is home to a large and energetic Tea Party movement but the state’s activists have not had much effect on the current election cycle. Timing, the size of California and the ...
Business & Economics

Report: California Pensions Underfunded by $500B

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

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

Prop. 22 protects corporate welfare

SACRAMENTO – It’s always entertaining watching various tax consumers fight with one another over a shrinking revenue pie, which makes the Proposition 22 campaign a spectacle. Despite the chatter from supporters about “saving local services” and stopping Sacramento from “raiding” local treasuries, this November initiative simply pits different government groups ...
Business & Economics

Does California’s Budget Crisis Discriminate Against Women?

A group of California legislators and community leaders recently met on the steps of the state capitol to protest Governor Arnold Schwarzenegger’s proposed budget cuts. The group charged that these budget cuts disproportionately affect women, but the claim ignores some key realities. “We are here to say we’d like to ...
Business & Economics

More ‘fixes’ won’t fix California

It’s easy to conclude that California may become, as former state librarian Kevin Starr put it, a “failed state.” It’s just too big, unruly and diverse to be effectively governed, commentators frequently say. SACRAMENTO – It’s easy to conclude that California may become, as former state librarian Kevin Starr put ...
California

Governor Schwarzenegger: Don’t Build This Wall!

One of President Reagan’s most famous quotes was his appeal to Soviet Communist Party Chairman Gorbachev to “tear down this wall!” Governor Schwarzenegger has a similar opportunity to prevent a wall that limits people’s freedom from being built in the first place. ObamaCare relies on states to implement most of ...
Business & Economics

Where Are the Angry California Voters?

The G.O.P. in California has had to rely on candidates who can finance themselves. NO MONEY, NO MOVEMENT California is home to a large and energetic Tea Party movement but the state’s activists have not had much effect on the current election cycle. Timing, the size of California and the ...
Business & Economics

Report: California Pensions Underfunded by $500B

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

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

Prop. 22 protects corporate welfare

SACRAMENTO – It’s always entertaining watching various tax consumers fight with one another over a shrinking revenue pie, which makes the Proposition 22 campaign a spectacle. Despite the chatter from supporters about “saving local services” and stopping Sacramento from “raiding” local treasuries, this November initiative simply pits different government groups ...
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