Dark Horses
The Republican National Convention is probably going to pick Donald Trump, Ted Cruz, or (much less likely) John Kasich. Since 1972, every major-party presidential nominee has come out of the primaries and caucuses, and GOP voters seem to have little appetite for breaking with that practice. Moreover, it is not even certain that the convention […]
Betty Yee: Tax Reform is Hard, Start the Conversation Now
Previewing the coming report from her Council of Economic Advisors on Tax Reform, state Controller Betty Yee said California needs comprehensive tax reform that must generate job creation to produce a healthy California economy. Speaking at the Los Angeles County Business Federation Institute last week, Yee noted proposed fixes to the tax structure have rarely […]
High Speed Rail Around the World Requires Government Subsidies
A bedrock contention of the California High Speed Rail Authority states when the California system is finally up and running, the system will operate with a profit. Indeed, the Prop 1A bond act approved by the voters in 2008, mandates the system run without any operating subsidy. The issue keeps popping up, the most recent […]
California Leaders Double Down on Dry
“What do we do with this worthless area, the region of savages and wild beasts, of shifting sands and whirlwinds of dust, of cactus and prairie dogs? To what use could we ever hope to put these great deserts and these endless mountain ranges?” – U.S. Secretary of State Daniel Webster, on the American West, 1852 […]