California economy
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Now Toyota leaves CA for TX
In another major blow to the California economy, Toyota is moving its headquarters from Torrance to Dallas after 57 years here. The excuse is that it wants to be near its manufacturing plants in the Southeast. That itself is telling. Toyota
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Push for sharp minimum-wage hike under way in San Diego
California’s second-largest and the nation’s eighth-largest city appears sure to have a six-month-plus debate over whether to raise the minimum wage much more than the state government has in store. The Democratic majority of San Diego’s City Council is going
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Chart shows stock-market not at new highs
With the stock market soaring again, it seems that happy days are here again for the economy. Except a new Chart of the Day shows that the Dow Jones Industrial Average, when charted against the price of gold — the
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On energy resources, will CA ignore lessons of North Dakota?
It was just less than two years ago that City Journal had the first high-profile story laying out the enormous economic potential of certain of California’s natural resources: “The biggest onshore story is the potential of the Monterey Formation (also
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LAT: All hail ‘economic stability,’ surpluses achieved by Gov. Brown
The ability of Gov. Jerry Brown to convince the state press corps that he has righted California’s listing ship continues to amaze. The Golden State has by far the highest poverty rate in the nation. One in six adults can’t
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CA media: GOP dysfunction bigger topic than mass poverty
The Los Angeles Times’ news analysis about how recent controversies are likely to hurt California Republicans with two constituencies they are trying to woo — Latinos and women — isn’t loaded or biased. It’s likely true. Here’s a bit of
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Andreessen: Does company HQ in CA violate fiduciary duty?
You might remember Marc Andreessen. He co-authored Mosaic, the first decent Web browser, which I remember using when I got on the Net back in 1994. It became Netscape, which became Firefox. He’s still a big tech investor. He just
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Need to create middle-class CA jobs matters more than minimum wage
Economic conservatives seem wary over the attempts by Democrats at just about every level of government to focus on the minimum wage. But should they be? It provides an easy way to broaden the debate from how the poor are
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Legislature worries more about animal misery than human misery
California has the highest adjusted poverty rate in the nation — and by a significant margin. Nearly 1 in 4 state residents struggles to make ends meet. Unemployment was about the same in the nation as a whole in 2006.
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CA taxes 150% higher than Washington state’s — to what benefit?
A new survey of state and local taxes finds California and New York take the biggest bite out of their residents’ pocketbooks. The average Californian forks over $9,509 a year; the average New Yorker, $9,718. Alas, the mainstream media coverage
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