California economy
Back to homepageTax subsidies hurting CA
You might think individual tax subsidies, such as the film credit for Hollywood that just was tripled to $330 million, would help California. After all, they cut the taxes of some companies. Certainly, they help those individual companies. But unless spending
Read MoreNoted liberal pundit: CA ‘affirmative consent’ law a ‘radical experiment’
The problem of sexual violence and abuse on college campuses is a huge one. But California’s new “affirmative consent law,” which requires college students having sex to obtain “affirmative, conscious, and voluntary agreement … throughout a sexual activity,” is certain
Read MoreBiden due in L.A. to tout minimum-wage hike — commuters, beware
Monday, Joe Biden was in Nevada touting a hike in the minimum wage as the key to fighting income inequality. Today, the vice president will be in Los Angeles with Mayor Eric Garcetti offering the same spiel before heading to
Read MoreJapan’s 50th bullet train anniversary: What it says about CA
Oct. 1 marked the 50th anniversary of the beginning of commercial operations for Japan’s bullet train system. The Shinkansen is by far the most successful bullet train network in the world. The British press and just about no one else
Read MoreTexas Latinos out-achieve CA Latinos in broad array of categories
Heritage Foundation senior editor Mike Gonzalez has a new book out this month, “A Race for the Future: How Conservatives Can Break the Liberal Monopoly on Hispanic Americans.” Gonzalez, a former Wall Street Journal reporter, takes a deeper look at
Read MoreCrumbling infrastructure hurting economy
How can you tell there’s a pothole up ahead on the road? Look for the sign, “Welcome to California!” A new study by the National Association of Manufacturers found the country’s crumbling roads are hurting productivity by delaying supplies to
Read MoreAB 32 revenue: Some for bullet train, some for pork, none for poor
Before and after AB 32’s passage in 2006, a whole lot of promises and guarantees were made. Some are remembered. Many aren’t. One of those was the pledge to use a portion of cap-and-trade funds to directly help poor people
Read MoreSan Jose fire union’s dire claims demolished by 10,000 LAFD job-seekers
The Rough & Tumble news aggregation website had an unusually helpful juxtaposition of two California news stories on Wednesday. R&T linked to a Mercury-News story detailing how San Jose had finally been given a court’s clearance to implement a pension
Read More‘Climate change’ summit and AB 32
California remains the only state with anything approaching AB 32, the Global Warming Solutions Act of 2006. It forces reductions in greenhouse gases in the state by 25 percent by 2020. AB 32’s actual language read: National and international actions
Read MoreAlibaba challenges Silicon Valley
Until now, Silicon Valley’s high-tech companies ruled the roost, leaving IBM behind years ago, with only Washington-based Microsoft among the top firms outside the Valley. Now they’re being challenged by Chinese-based Alibaba, which just issued a record IPO. Although values have fluctuated, on
Read More