Public Finance Made Easy
Government finance doesn’t have to be complicated, although you wouldn’t know it from watching the budget dance in Sacramento. 1. Collect money and put it in the state general fund. 2. Let the governor and the Legislature decide how to spend it. 3. Repeat annually.
5 Reasons The Governor Shouldn’t Blame Others for Crowded Ballot
It’s just terrible that Gov. Jerry Brown’s initiative to raise taxes temporarily can’t be considered by voters all by itself. Instead, it has to go on a big crowded ballot along with a host of other measures, including competing tax-hiking initiatives. I, for one, sure hope Gov. Brown tracks down whoever is responsible for forcing […]
Labor and State Democrats Tie the Knot Tighter
Supreme Court Justice Louis Brandeis once commented that each state could “if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.” Over the weekend one could glimpse this laboratory function in full operation with California Democratic leaders declaring for a state with […]
Mortgage Settlement is Bailout for CA by Other States
Crossposted on California Political Review Two weeks ago I published in Big Government and on the Pacific Research Institute’s CalWatchdog website: “New California Budget Crisis May Torpedo November Tax Increase Initiative”, a report illuminating how State Controller John Chaing had shocked California’s spendthrift politicians by announcing the State would be out of cash beginning March […]