Good Economic News Will Lead to Lower Tax Rates, Right?
When Governor Jerry Brown campaigned for Proposition 30 last year, he argued that the temporary tax was needed for only a few years until the economy bounced back. Perhaps too early to celebrate, but the signs of a reviving economy are popping up. Does that mean the Prop 30 tax will expire on schedule? I […]
Does Pete Peterson Understand He’s Running for Office?
What is wrong with Pete Peterson? Doesn’t the Republican candidate for Secretary of State understand that he’s running for office? Doesn’t he know that no politician in his right mind would run on difficult, complicated ideas in this day and age? Heck, this guy is so clueless that he’s just written a long, thoughtful essay […]
Perspective on Uptick in Manufacturing
The Sacramento Bee and others have written about recent statistics showing that California’s economy grew faster than the country in 2012. They have also pointed out that the state’s manufacturing gdp numbers had an eight percent boom in 2012. That is very good news! We hope the trend continues because we have a lot of lost ground […]
Sacramento Spotlight: AB 110 – The Not-So-Balanced Balanced Budget
“A tremendous achievement.” “Ho-hum, another on-time balanced budget.” These quotes, the first from Assembly Speaker John Perez and the second from Senate President Pro Tempore Darrell Steinberg, perfectly encapsulate the mood of Sacramento last week as California’s State Legislature voted to approve a state budget—officially known as AB 110. As mandated by law, lawmakers had […]