Don’t Be Fooled by Meager Pension Reform
Yesterday, the non-partisan group State Budget Solutions released a report showing that California state government is $617 billion in debt, much of it due to unfunded pension and retiree health benefits. Clearly, California needs strong pension reform measures to solve the math problems that will plague budgets for decades to come. Yet voters should not […]
Pension Reform Is Already Dead
It doesn’t matter what happens in these next few days. If this new pension deal, released Tuesday with little in the way of hard financial numbers or projections, falls apart. Or if it lives. Or if labor sues or files a referendum. Or because it will be undermined by future collective bargaining, or by any […]
From Tampa: A Call to Action
Today is a very special day for me, as Judy and I celebrate our 20th anniversary. I still remember first meeting Judy in our science class at Bakersfield High and dancing to Louis Armstrong’s “What a Wonderful World” on our wedding day. It has been an amazing journey and I am indeed a very lucky […]
California, Labor Day 2012: Why California Employers Remain Reluctant to Hire
As we head into Labor Day 2012, California is better off in several ways than it was the previous four Labor Days. Payroll job growth has continued steadily over the past year. The most recent monthly jobs report for California covers through July 2012. The state gained over 365,000 payroll jobs in the year between […]
Americans Want Legal Reforms – Will Politicians Listen?
Americans firmly believe that lawsuit abuse is a problem in our country,according to a survey released this week by the American Tort Reform Association and Sick of Lawsuits. What’s more, the poll found that Americans believe lawsuit abuse is hurting the economy’s ability to create jobs and spur economic growth. The survey, found that almost 9 in 10 voters […]