Unemployment
Business & Economics
Educated Legislators, Bad Economy
California has the most educated legislators, according to a recent Chronicle of Higher Education study. Those stellar academic credentials, unfortunately, have not lifted the state from its economic malaise. California’s unemployment rate, as of May, is nearly 12 percent, higher than every state in the bottom five of the study. ...
Business & Economics
Brown Busts the Budget
The California Legislature just passed a budget. Less than 24 hours later, the governor vetoed it, leaving many scratching their heads why Gov. Jerry Brown vetoed a budget from his own party. For the first time in history, the state budget has been vetoed, Brown said in a news conference. ...
Commentary
Governor’s Hit List Needs More Diversity
Governor Jerry Brown wants to eliminate dozens of state panels and commissions, a good idea and long overdue. But the governor needs to be more inclusive, and stalk bigger game. His list includes the Unemployment Insurance Appeals Board, a typical soft landing spot for ex-legislators. They meet about once a ...
Business & Economics
Prop. 13 still the Left’s bogeyman
California has become such a basket case that outsiders are starting to parachute in and report on the tales of woe from our deficit-racked, economically stagnant and politically dysfunctional state. It makes for good reading for a broader audience, and the reporters can enjoy themselves at the beach or at ...
Business & Economics
Best/Worst States for Business
More than 500 CEOs considered a wide range of criteria, from taxation and regulation to workforce quality and living environment, in our annual ranking of the best states for business. The charts and articles in this special report show how each state fares on the factors most essential for a ...
Business & Economics
Recession and Recovery in California
Last month Jerry Nickelsburg, senior economist with the UCLA Anderson Project, held forth at the University of California Sacramento Center on key themes involving recession and recovery. Nickelsburg agrees that we are in a “deep recession,” in contrast to those of 2001 and 1990, which were “very mild recessions.” He ...
Business & Economics
Tax Freedom Day comes later in California
Californians sweating to complete tax returns by April 15 may be unaware that another milestone occurs the very next day. California’s Tax Freedom Day will arrive on April 16. This should trouble Californians for a number of reasons. For the nation as a whole, Tax Freedom Day arrives on April ...
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
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 ...
Business & Economics
Better To Cut Payroll Tax For Employers
As the clock wound down on 2010, President Obama signed into law the tax deal he struck with Republicans. One provision is a one-year, 2-percentage-point reduction in the employee portion of the Social Security payroll tax. This measure is supposed to reduce unemployment by boosting spending, but a more effective ...
Educated Legislators, Bad Economy
California has the most educated legislators, according to a recent Chronicle of Higher Education study. Those stellar academic credentials, unfortunately, have not lifted the state from its economic malaise. California’s unemployment rate, as of May, is nearly 12 percent, higher than every state in the bottom five of the study. ...
Brown Busts the Budget
The California Legislature just passed a budget. Less than 24 hours later, the governor vetoed it, leaving many scratching their heads why Gov. Jerry Brown vetoed a budget from his own party. For the first time in history, the state budget has been vetoed, Brown said in a news conference. ...
Governor’s Hit List Needs More Diversity
Governor Jerry Brown wants to eliminate dozens of state panels and commissions, a good idea and long overdue. But the governor needs to be more inclusive, and stalk bigger game. His list includes the Unemployment Insurance Appeals Board, a typical soft landing spot for ex-legislators. They meet about once a ...
Prop. 13 still the Left’s bogeyman
California has become such a basket case that outsiders are starting to parachute in and report on the tales of woe from our deficit-racked, economically stagnant and politically dysfunctional state. It makes for good reading for a broader audience, and the reporters can enjoy themselves at the beach or at ...
Best/Worst States for Business
More than 500 CEOs considered a wide range of criteria, from taxation and regulation to workforce quality and living environment, in our annual ranking of the best states for business. The charts and articles in this special report show how each state fares on the factors most essential for a ...
Recession and Recovery in California
Last month Jerry Nickelsburg, senior economist with the UCLA Anderson Project, held forth at the University of California Sacramento Center on key themes involving recession and recovery. Nickelsburg agrees that we are in a “deep recession,” in contrast to those of 2001 and 1990, which were “very mild recessions.” He ...
Tax Freedom Day comes later in California
Californians sweating to complete tax returns by April 15 may be unaware that another milestone occurs the very next day. California’s Tax Freedom Day will arrive on April 16. This should trouble Californians for a number of reasons. For the nation as a whole, Tax Freedom Day arrives on April ...
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 ...
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 ...
Better To Cut Payroll Tax For Employers
As the clock wound down on 2010, President Obama signed into law the tax deal he struck with Republicans. One provision is a one-year, 2-percentage-point reduction in the employee portion of the Social Security payroll tax. This measure is supposed to reduce unemployment by boosting spending, but a more effective ...
