Gov.’s Task Force: Opening Business & Jobs or Changing the Business World?
There is a sense here that Governor Gavin Newsom’s Business and Job Recovery Task Force is set to go beyond just getting businesses open and people back to work by offering changes to the way business is done in California. The Task Force announced last week is an unwieldy 80-member group of legislative leaders, CEOs, […]
No Representation for Non-Bosses
Governor Gavin Newsom’s economic task force has plenty of representation if you’re a boss. It’s full of presidents, CEOs, board chairs, and directors of various enterprises in business, labor, government and academia. For those few of us—we humble few—who aren’t bosses, well, we don’t have any representation at all. I suspect non-bosses may constitute a […]
Are We Doing the Right Thing Here?
Here’s a question for you: What was the worst quarter economically in modern U.S. history? The gross domestic product plunged 10 percent in a steep but brief recession in the first three months of 1958, making that the worst quarter. The second worst came in the Great Recession when GDP fell 8.4 percent in the […]
Post-Coronapocalypse Pension Reform Checklist for California
In a perfect world, California’s state and local public employees would receive exactly the same retirement benefits as federal employees. They would receive a modest defined benefit, a contributory 401K, and they would participate in Social Security. Unfortunately, in California, while some state and local public employees are offered 401Ks, and many participate in Social […]