Keep Off California’s Recovery
But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade? – Alan Greenspan California has struggled the past six years to recover from the Great Recession. But recent economic statistics suggest that the Golden […]
How Sodomite Suppression Act Exposes the Failure of SB 1253
SB 1253, which became law last year, continues to be sold as initiative reform, even though it was, at best, initiative tweaking. It made a series of changes – on signature time, on disclosure, on the legislature – that are too small to make any difference. And unfortunately, because the state’s Goo Goo Dolls have […]
Crocodile ‘Tiers’ Over Water Rate Ruling
Last week the California Court of Appeal issued an important ruling interpreting Proposition 218, the Howard Jarvis Taxpayers Association sponsored initiative approved by voters in 1996. Proposition 218 is entitled “The Taxpayers Right to Vote Act” for a very good reason. It reflects the policy that those who pay the bills for public expenditures – […]
The Valley And The Upstarts: The Cities Creating The Most Tech Jobs
No industry generates more hype, and hope, than technology. From 2004 to 2014, the number of tech-related jobs in the United States expanded 31%, faster than other high-growth sectors like health care and business services. In the wider category of STEM-related jobs (science, technology, engineering and mathematics), employment grew 11.4% over the same period, compared […]