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Business & Economics PRESS ROOM |
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'Jobs' bills: Why they fizzle
Submitted on 2.27.2010
California's unemployment rate is more than 12 percent, prompting state Senate President pro Tem Darrell Steinberg's new plan to create some 140,000 jobs. The plan, unfortunately, has a problem.
Greetings from California
Submitted by Jason Clemens on 2.26.2010
This excellent report from the Pacific Research Institute has plenty of details.
Retreat from pension reform fight
Submitted by Steven Greenhut on 2.26.2010
Anyone who thinks that gubernatorial candidate Meg Whitman offers much hope for fixing the state's structural fiscal mess should now wonder whether the billionaire former eBay chief executive might end up being nothing more than another Arnold Schwarzenegger – a governor who sometimes talks a good game but who, ultimately, is too timid to take on the vested interests that are destroying our once-golden state.
Sacramento takes aim at free parking
Submitted by K. Lloyd Billingsley on 2.26.2010
Californians know that a free parking space is hard to find. Such spaces may be even harder to find under SB 518, proposed by state Sen. Alan Lowenthal (D-Long Beach).
Medical malpractice back on the table?
Submitted by Lawrence J. McQuillan, Ph.D on 2.24.2010
Lawrence McQuillan of the Pacific Research Institute has suggested that defensive medicine costs $191 billion a year, which is just under 10 percent of overall health care spending in the country.
Uncertainty about government to blame for sluggish job growth
Submitted on 2.23.2010
The U.S. economy shed another 85,000 jobs in December, when most analysts had expected no change or even slight job creation. Meanwhile, the Obama administration continues to push for healthcare reform and other measures that will require higher taxes. Ironically, it is the federal government's policy activism itself that is largely to blame for the prolonged economic slump.
Setting the stage for stagflation
Submitted on 2.19.2010
Prices rose 2.7 percent during 2009, according to the Bureau of Labor Statistics' recent update of the Consumer Price Index (CPI). This is a worrisome fact because last year's unemployment rate averaged more than 9 percent.
State not exactly the well-oiled machine
Submitted by Steven Greenhut on 2.19.2010
A new report from the California State Auditor should throw cold water on those who believe that the best way to solve the state's problems is by expanding government power, increasing government funding and creating new regulatory powers and agencies.
Uncertainty about government creates sluggishness
Submitted on 2.17.2010
The economy shed 85,000 jobs in December, to the surprise of most analysts. Meanwhile, the Obama administration continues to push for health care reform and other measures that will require higher taxes. But such activism is largely to blame for the prolonged economic slump.
Declining unions, increasing stranglehold
Submitted by K. Lloyd Billingsley on 2.16.2010
The new figures on union membership are out from the federal Bureau of Labor Statistics.
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