State Won’t Ride to the Rescue over Local Government Pension Problems

At his latest state budget press conference, Gov. Jerry Brown made it clear there will be no state cavalry riding to the rescue of local governments battling the pension monsters local officials created. Therefore, taxpayers will have to be on guard against a potential avalanche of tax measures that could appear to deal with the […]

Businesses Can Help California Schools Train Students for ‘New Collar’ Jobs

The key to California’s long-term economic growth can be found in the classroom. Job growth in California has been robust since the last recession. But recently that growth has slowed because of the lack of employable workers. The projected shortage of skilled workers in the state through 2030 is more than a million graduates with bachelor’s degrees […]

Checking The Math on Cap and Trade, Some Experts Say it’s Not Adding Up

As California accelerates its efforts to reduce greenhouses gases over the next decade, experts are pointing to vulnerabilities in its celebrated cap-and-trade system, weaknesses that could make the state’s goals difficult—even impossible—to reach. Cap and trade, featuring a market where permission to pollute is bought and sold, is a key mechanism California uses to lower […]