LAO Numbers on Cap-N-Trade Sure Make It Feel Like a Tax
The Legislative Analyst’s letter to Assemblyman Tom Lackey revealing that the cap-and-trade program’s effect on gasoline amounts to $2 billion a year or 11-cents a gallon is no surprise to readers of this page. Numerous writers over the last number of years pointed to the cost that would make its way to consumers at the pump […]
UC Needs Funds, Not Limits
We need to open doors wider at the University of California to allow more Californians in, but proposed legislation to limit out of state enrollment at UC campuses is misguided and counterproductive. AB 1711 by Assemblyman Kevin McCarty of Sacramento would limit the enrollment of out of state and international students. This proposal fails to […]
Let’s Not Forget the Medium Wage
While lawmakers were cutting themselves up over the thorny minimum wage bill this week, a powerful conversation took place three blocks away from the capitol. Industry, union and college leaders were working through the pragmatic next steps on a modest proposal to move more Californians from minimum wage to medium wages and higher. The agenda […]
California’s Economically Illiterate Legislature
California’s minimum wage is set to rise to $15/hour over the next six years. While this topic has been beat to death, it is seldom pointed out that the inflation-adjusted minimum wage, based on 78 years of precedent, at most should only be around $10 per hour. A recent UnionWatch post “Raise the Minimum Wage, or […]