Would Prop. 10 Reduce the California’s High Housing Costs? Basic Economics Says No.
Californians will be faced with a dozen voter propositions on Election Day. None is more important than Proposition 10, which would allow local governments to enact rent control laws. The outcome will have a profound effect on California’s housing crisis. Prop 10 would repeal the Costa-Hawkins Rental Housing Act of 1995, which bars local governments […]
Gas Tax Repeal Includes Foolish Constitutional Addition
I’m agnostic on the gas tax increase. Keep it or repeal it, I don’t care. It’s a relatively small tax increase that meets only a tiny fraction of the state’s massive infrastructure needs. But there is a big reason to be skeptical of using a ballot initiative – Proposition 6 – to repeal the gas. […]
Why the Governor Should Veto AB 3115
Assembly Bill 3115, authored by Assembly Member Mike Gipson, is pending before Governor Jerry Brown after having passed both houses of the Legislature. AB 3115 would authorize a local emergency medical services agency (LEMSA) to develop community paramedicine and triage to alternate destination programs until 2025. While community paramedicine is an important program for the […]
Ten Years After Lehman Collapsed, We’re Still Screwed
The collapse of Lehman Brothers 10 years ago today began the financial crisis that crippled and even killed for some the American dream as we had known it. Donald Trump might be starting to change that, at least for Americans who aren’t determined to remain in our bluest and priciest cities. Overall an estimated nine […]