Rainy Day Fund Deal Signals Shift in Capitol Culture
The announcement of a swift bipartisan deal on Gov. Jerry Brown’s rainy-day fund proposal is a clear sign that there has been a cultural shift in the Capitol. In the bad old days, marked by sharp partisanship, the fight over the rainy day fund would have been more about leverage than policy. We saw this […]
Why Would You Insure the California Budget With the Stock Market?
Governor Brown’s rainy day fund proposal called for filling a reserve fund with capital gains tax revenues that exceed a certain amount. Details of a deal reached Thursday, while sketchy as of this writing, would also set aside money based on capital gains. That would seem to be common sense, since capital gains revenues are […]
A Business Rebound? Yes, If We Seize the Opportunity
Job growth is ours to grab or give away. That’s the takeaway from a new survey of employers across Los Angeles County. A record number of employers responding to a BizFed poll a few weeks ago say that they’re increasingly optimistic about the business outlook this year. Twenty five percent more say business conditions will improve this year […]
Questions About the Sharia Law Controversy
As the debate rages over Tim Donnelly’s accusation that Neel Kashkari supports Sharia law, I find myself deeply puzzled, overwhelmed really, by the questions. Like: What is Sharia law? Is it part of CEQA? Does Sharia law permit you to carry your gun on an airplane? But what’s Kashkari’s position on Jude Law?
Trial Attorneys And California’s Attorney General Pose A Deceptive Threat To Healthcare In California
This 2014 election will contain an initiative war between physicians on one hand, and on the other the plaintiffs’ Bar and Attorney General Kamala Harris. Harris has enabled a ballot initiative, which would repeal the Medical Injury Compensation Reform Act (“MICRA”) and thereby increase malpractice damages, which may be recovered from doctors, hospitals, nurses, community […]