SAN FRANCISCO – The Pacific Research Institute (PRI) has chosen California’s workers’ compensation system as the newest recipient of the California Golden Fleece Award. The award, presented quarterly by PRI’s Business and Economic Studies, identifies state and local spending programs or regulations that fleece California taxpayers, businesses, or consumers.
Lost in the chatter about California's budget crisis, electricity crisis, water crisis, and now recall crisis, is the workers' compensation crisis. Yet it threatens to do more damage to the state's business climate than any other factor.
