Editorial: Bidding good riddance to the awful 1099 rule
The so-called “1099 rule” was a disaster waiting to happen. Happily, it is a disaster that looks like it will be averted. News shortly before Thanksgiving that the U.S. Small Business Administration was publicly opposing the rule seems to be the last nail in the coffin for this ill-conceived tax on entrepreneurship. As the Business Read More →
Jobless data may portend broad recovery
The tri-county region is showing signs of digging itself out of a deep hole.
Editorial: Economic development needs a regional touch
All of a sudden, economic development is the talk of the Tri-Counties. San Luis Obispo County is out with a blueprint for its economic future — the first such effort in decades. Santa Barbara County is talking — and so far it’s just talk — about becoming more business-friendly, at least as far as retaining Read More →
Lacayo Center gives Edison a look at the future
When Southern California Edison President John Fielder addressed a few hundred Ventura County business leaders on Nov. 15, he was quick to point out why his company was investing $300,000 in a new program at CSU Channel Islands. The Henry L. “Hank” Lacayo Center for Workplace & Community Studies will foster entrepreneurship to drive future Read More →
From the editor: Closing the turkey deficit
There are mega-deficits, there are giant deficits, and then there are smaller deficits that really hurt people in need. Consider, if you will, the turkey deficit facing Foodbank of Santa Barbara County. The deficit was so large that until Nov. 18, some 3,000 local families were in danger of going without this Thanksgiving. Happily, the Read More →
Editorial: Banks turning a big corner
Third quarter results on the banking front hint at a long-awaited turnaround in the region’s financial services industry. Pacific Capital Bancorp., the region’s largest banking institution, posted a profit for the month of September after getting a $500 million infusion from the Ford Financial group out of Texas. The bank has essentially got a new Read More →
