How to NOT Solve California’s Housing Crisis
There are obvious reasons the median home price in California is $544,900, whereas in the United States it is only $220,100. In California, demand exceeds supply. And supply is constrained because of unwarranted environmental laws such as SB 375 that have made it nearly impossible to build housing outside the “urban service boundary.” These laws have made the value […]
Democratic California’s Cautionary Tale
It’s become fashionable among certain conservatives, libertarians, and assorted free-market types to claim that Republicans are no better than Democrats. Both parties, according to the disenchanted, have lost their way. Both parties are controlled by establishment cronies, who support big government of one sort or another. But conservatives who are disillusioned with Republicans need to […]
This November, Will California Voters Approve $3.6 Billion Per Year in New Taxes?
With the 2018 general election a few weeks away, it’s time to review just how many tax increases are on state and local ballots in California. And while media attention focuses on the statewide tax measures, even bigger money is represented by the sum of hundreds of proposed local tax increases. Every election cycle, the California […]
Just How Much Money Might CalPERS Have to Collect in an Economic Downturn?
When evaluating the financial challenges facing California’s state and local public employee pension funds, a compelling question to consider is when, exactly when, will these funds financially collapse? That is, of course, an impossible question to answer. CalPERS, for example, manages hundreds of billions in assets, which means that long before it literally runs out […]
Towards a Grand Bargain on California Water Policy
When it comes to water policy in California, perhaps the people are more savvy than the special interests. Because the people, or more precisely, the voters, by huge majorities, have approved nine water bonds in the past 25 years, totaling $27.1 billion. It is likely they’re going to approve another one this November for another […]
How to Make California’s Southland Water Independent for $30 Billion
The megapolis on California’s southern coast stretches from Ventura County on the northern end, through Los Angeles County, Orange County, down to San Diego County on the border with Mexico. It also includes the western portions of Riverside and San Bernardino counties. Altogether these six counties have a population of 20.5 million residents. According to the California […]
How Much California Water Bond Money is for Storage?
Californians have approved two water bonds in recent years, with another facing voters this November. In 2014 voters approved Prop. 1, allocating $7.1 billion for water projects. This June, voters approved Prop. 68, allocating another $4.0 billion for water projects. And this November, voters are being asked to approve Prop. 3, allocating another $8.9 billion […]
California’s Oligarchs and Agitators
If one were to distill the essence of California’s Democratic party into a one-page document, it would be hard to beat a recent mail piece showing the SEIU’s candidate endorsements for California’s top jobs. According to its website, the Service Employees International Union Local 1000 (SEIU) “is a united front of 96,000 working people employed by the […]
How Government Unions Will Attack the Janus Ruling
Today the U.S. Supreme Court issued their decision in the landmark case Janus vs. AFSCME, ruling that public sector unions can no longer force public employees to pay union dues. Janus argued that even so-called “agency fees,” which unions claim are only for collective bargaining and are therefore non-political, are, in fact, inherently political. As a […]
Water Rationing Laws Exemplify the Malthusian Mentality of California’s Legislators
As reported in the Sacramento Bee and elsewhere, on May 31st Gov. Jerry Brown “signed a pair of bills Thursday to set permanent overall targets for indoor and outdoor water consumption.” After pressure from the Association of California Water Agencies and others, the final form of these bills, Assembly Bill 1668 by Assemblywoman Laura Friedman, D-Glendale, and Senate Bill 606 from state Sen. […]