Editorial: Private sector, not train, likely to put state on track
Despite an improving economy, discontent is simmering across California this summer.
Editorial: $2.3B is too much change to find in couch
Just how “special” are California’s “special funds”? It turns out they are very special indeed. News reports during late July ripped the mask off these stealth reserves, revealing the fact that millions of dollars in cash are lying around in accounts reserved for recycling, parks and other state-operated activities. Even state organizations that have gone Read More →
Op/ed: The fiscal cliff is the perfect financial storm of 2013
A toxic combination of tax increases and spending cuts that happen on Jan. 1.
Editorial: Silliness in Sacramento continues
In Sacramento, the annual budget follies continue. The Democrat-controlled Legislature and Gov. Jerry Brown can’t agree on a formula to come up with a plan for the new fiscal year. Opposition from small business groups and the Howard Jarvis Taxpayers Association dramatically increases the odds that Brown’s plan for tax hikes to close a $16 Read More →
Stagterity: An economic ailment the region may not shake easily
By the time Gov. Jerry Brown’s desperate actions to close a $15.7 billion budget gap trickle down to the Central Coast, the region will be stuck at zero growth rates for as far as the eye can see. What we face is a situation where stagnation is fueled by austerity, resulting in a condition I’ve Read More →
Social-media IPOs could launch Golden State sustainability fund
Now would be the perfect time to create an economic sustainability fund that smooths out these wild swings in revenue
