January, 2010

Is a populist revolt brewing?
Monday, January 25th, 2010

Jan. 25, 2010 In a telling interview on National Public Radio, a Democrat from a Boston suburb, who described himself as a proud liberal, said he nevertheless voted for Brown because of the man's fears of an American future soaked in debt. I'm naturally pessimistic about the fiscal future of our co...

California Jobs Gap Grows
Friday, January 22nd, 2010

Jan. 25, 2010 By JOHN SEILER In an earlier article I introduced a new measure of economic vitality: the Jobs Gap. It measures the difference between unemployment in California and the rest of the country. It thus factors out the national economic climate, which is affected mainly by policies in ...

CalPERS blames rating agencies
Thursday, January 21st, 2010

Jan. 21, 2010 By TROY ANDERSON In recent congressional hearings, inaccurate credit ratings were described as a major contributing factor in bringing the nation to the “brink of financial collapse.” In September, California Attorney General Jerry Brown opened an investigation into the rating...

No correlation between budgets and education
Wednesday, January 20th, 2010

Jan. 20, 2010 There was a time, not so long ago, when California schools were the standard for all American schools, and California students excelled. Today, California hovers near the bottom of the heap. What happened? Until the 1970s, schools had well-stocked libraries. Most schools had a cook ...

We're All Obstacles to Reform
Monday, January 18th, 2010

Jan. 18, 2010 Technically speaking, it’s not hard to figure out how to solve California’s permanent fiscal crisis – if one neglects the political mountains that would have to be moved to implement the fixes. A few good starting points: imposing a strict spending limit on legislators, reducing...

Using soldiers as props
Friday, January 15th, 2010

Jan. 15, 2010 By now most people are probably tired of hearing about Gov. Arnold Schwarzenegger’s Jan. 6 State of the State Address. And who could blame them? You can only subject someone to arcane budget discussions and phrases like “pension reform” and “tax systems” for so long before t...

PRI'S CALWATCHDOG SEEKS TO EXPOSE WASTE, FRAUD AND ABUSE IN THE STATE
Monday, January 11th, 2010

Steven Greenhut on FlashReport January 11, 2010 [Publisher's Note: We here at the FlashReport couldn't be more excited and thrilled than we are with the launch of the Pacific Research Institute's CalWatchDog project.  When you finish reading this piece by Steven Greenhut, you'll understand why - ...

California's jobs gap
Sunday, January 10th, 2010

Jan. 11, 2010 By JOHN SEILER California continues to stagger under unemployment levels higher than the national average. The latest figures, released on Dec. 18, 2009, show that the state suffered 12.3 percent unemployment compared to the national average of 10 percent. Call it a “Jobs Gap” o...

Change you can't believe in
Sunday, January 10th, 2010

Jan. 10, 2010 During Gov. Arnold Schwarzenegger’s State of the State address last week, I wanted to shout “Blah, blah, blah” when he talked about the need for creating “jobs, jobs, jobs.” He’s had nearly two terms to stimulate jobs in the state. Instead, California is still in a fine me...

Dismal state
Saturday, January 9th, 2010

Jan. 9, 2010 Gov. Arnold Schwarzenegger’s final State of the State address, delivered in the Capitol on Jan. 6, was the microcosm of his entire failed administration. It was a reminder that those who govern the nation’s most populous state have no clue how to solve the fiscal mess they have cre...