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Columns

Voters face pension-reform decisions
In a series of contests playing out at the state and local levels, Golden State voters will cast votes this November that could reshape the pension landscape for years to come. Races have attracted attention for offices that exercise direct influence over the institutions that set pension pol...
New Laffer book details Reagan prosperity recipe
If you have a great recipe, keep using it. Don't be chicken. Just ask Col. Sanders. Why then don't Republican candidates just follow Ronald Reagan's successful economic recipe from the 1980s? Cut taxes; in his case, from the top income tax rate of 70 percent in 1980 to 28 percent in 1988. Keep mo...
Covered CA blames cronyism on Obamacare scramble
In an embarrassing new black eye for Covered California, the state's implementation of Obamacare, the health exchange, has admitted it violated accepted practice by awarding $184 million in so-called "no-bid" contracts, according to a new report by the Associated Press. State governments routinel...
Lack of mental health accounting ‘sheer craziness’
  In 2004 California voters passed Proposition 63, based on the promise it would tax the rich to help the state’s mentally ill population. But 10 years later, while it’s been successful in taking about $10 billion from top earners, state officials are largely clueless about whether the ...
Longevity increases pension problems
To the consternation of government pension planners, Americans just keep living longer. AP reported: NEW YORK (AP) — Americans are living longer than ever before, according to a new government report filled mostly with good news. U.S. life expectancy inched up again and death rates fell. Rates a...
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