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Back to homepageMedian household income crashed 1/3
Wonder why you feel so poor? Because you are. According to a new study by the Russell Sage Foundation, in the last decade median household income crashed by 1/3, from $87,992 in 2003 to $56,335 in 2013. The crash started during the
Read MoreKings County attorney: Don’t overreact to pro-bullet train ruling
A state appellate court ruling announced Thursday overturning Sacramento Superior Court Judge Michael Kenny’s 2013 decisions saying the state rail authority didn’t have a legal financing plan or adequate environmental reviews to proceed with construction of the initial segment of
Read MoreMitch Albom, CWD contributor talk about Silicon Valley, diversity
Jesse Jackson’s on-again, off-again campaign against Silicon Valley for the lack of blacks, Latinos and women in its tech workforce is revving up. This is from a USA Today story this week: “There’s no talent shortage. There’s an opportunity shortage,”
Read MoreBig blow to bullet train: Fresno County supes now oppose project
Fresno has long been a hotbed of bipartisan support for the California High-Speed Rail Authority’s plans to build a bullet-train network linking Northern and Southern California. The county Board of Supervisors endorsed the project five years ago, the Fresno Bee’s
Read MoreIn L.A., Obama attacks corporations
During his recent trip to Los Angeles, in which his motorcade blocked a pregnant woman’s path to the maternity ward, President Obama attacked U.S. corporations that flee the massively high taxes he imposes. The corporations merge with foreign corporations, thus paying the
Read MoreBullet-train officials praise judge they called a threat to CA
The California High-Speed Rail Authority got some good news from the courts last week. The 3rd District Court of Appeal in Sacramento upheld a lower court ruling rejecting legal challenges to the routing of the bullet train in the Gilroy-Las
Read MoreDavid Cay Johnston replies to my tax blog
Due to some technical problems, David Cay Johnston’s reply to my blog, “Tax increases boost jobs?,” was delayed two days till this morning. So I’m calling special attention to it here. Check it out and add replies if you wish.
Read MoreChiro settlement a reminder of board crony problem
This week, we got a fresh reminder of the problems created by the practice of allowing governors to appoint cronies and campaign contributors to cushy, well-paying jobs on the oversight boards of many state agencies. This is from the Sac
Read MoreCA taxes have DROPPED $6 billion
Let me elaborate on something I mentioned in a blog yesterday: California taxes have dropped $6 billion in the last two years. That’s because Gov. Arnold Schwarzenegger’s record, $13 billion tax increase of 2009 expired and was replaced in 2012 by
Read MoreMcClintock: Border mess shows government can’t be trusted
The current influx of illegal immigrants along the Texas border has ramped up the immigration debate and sharply increased media coverage of the issue. But that coverage has mostly been on human interest angles relating to the kids coming from
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