California economy

Prager: Here’s why CA left is indifferent to economic misery

The news that the U.S. is now the world’s no. 1 oil and no. 1 natural gas producer is almost unbelievable, given the decades of America fretting about its energy dependence. And the reason is fracking. Yet here in California,

Is pro-business faction emerging among CA Dem lawmakers?

Chris Reed July 7, 2014

For years, both the California Air Resources Board and the California Democratic Party have peddled the absurd fiction that there is no economic downside to AB 32 forcing the entire state to shift to cleaner but much costlier forms of

CA, US green-job campaign promises fall far short

Chris Reed July 5, 2014

In 2008, Barack Obama ran for president on the promise that he would get the economy out of the Great Recession with a recovery plan built on green jobs. He promised 5 million such jobs would be created across the

Minimum wage jumps to $9 an hour

John Seiler July 3, 2014

Here’s what the minimum wage does: it destroys tens of thousands of jobs to increase the pay of tens of thousands of other jobs. It does this by increasing government coercion over our lives even more than it already does.

Green flack thinks <2% annual growth in CA 'cleantech' is impressive

Chris Reed July 3, 2014

The fallout from the news that 16 Assembly Democrats were willing to go on the record with their concerns that AB 32 will drive up gas prices and cause economic pain to struggling folks in their home districts continues to grow.

CA legalizes Bitcoin

John Seiler June 30, 2014

Bitcoin is the controversial new “digital currency.” Although widely used, technically it was illegal in California until Gov. Jerry Brown signed a bill Saturday officially legalizing it. The Christian Science Monitor reported: Democratic Assemblyman Roger Dickinson, the bill’s author, said earlier

CA left’s absurd new dogma: Regulations have no downside

Chris Reed June 29, 2014

Businesses like to make money. Smart business owners are happy to change their ways in search of how to increase or maximize profits. The hostility to change that one sees in a bureaucracy with no vested interest in making things

High housing costs slug CA

John Seiler June 28, 2014

Another report details how housing costs continue to slug Californians. From the Bee: Except for those living in the state’s most remote rural areas, Californians must contend with the nation’s highest housing costs, both rental and ownership, relative to their incomes, a

Dem Legislature passes more tax cuts

John Seiler June 26, 2014

Who said California Democrats oppose tax cuts? They long have supported tax cuts for their pals in Hollywood. Now the Democratic Legislature is passing tax cuts for their buddies in the military-industrial complex: “The California Assembly on Thursday approved a fast-tracked

What CA can learn from North Dakota’s stunning boom

Chris Reed June 19, 2014

The boom that North Dakota’s enjoyed because of fracking is usually depicted in newspaper stories and network reports as being about housing shortages and a flood of in-migration driven by job hunters. Rarely do accounts offer stark statistics that illustrate