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Business & Economics PUBLICATIONS |
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Sweethearts Dance, You Pay
Submitted by K. Lloyd Billingsley on 9.30.2003
SACRAMENTO, CA - While the recall campaign grabs media coverage, state officials and union bosses are escalating the war on privatization. Their efforts could undermine this important mechanism for helping to restore California's fiscal health.
Natural Born Killers
Submitted by K. Lloyd Billingsley on 9.19.2003
SACRAMENTO, CA - "Things are much worse than we expected. Things are much worse than you know. . . There is a strong conviction that government is no longer working . . . The picture is of a government frozen, without the vision or will to formulate policies or carry out long- range plans for the benefit of all people . . . You're not going to have enough money even to argue about it, unless you get jobs to pay taxes. There is an exploding shortfall. California will run out of money in a dramatic way, right around the corner."
Folie de Petrol
Submitted by K. Lloyd Billingsley on 9.10.2003
The price of gasoline spiked sharply over the Labor Day weekend and prices remain high. Cruz Bustamante, the Lieutenant Governor who aspires to be Governor, wants to slap government price controls on gasoline. An intriguing response to this notion came in “Bustamante’s Folly: Gas Price Controls Would Bring Back Lines,” an August 30 editorial in the liberal Sacramento Bee.
Immigration And The State Budget Deficit
Submitted by Lance T. Izumi, J.D. on 9.3.2003
Hot on the heels of the controversial new law allowing illegal immigrants to obtain drivers licenses, California lawmakers have sent two more bills to Governor Davis that aim to increase government benefits for illegals. Yet as politicians in Sacramento open up the goodie chest for lawbreakers, new data show that a large part of California's budget deficit can be attributed to the negative fiscal impact of immigration.
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