California economy
Back to homepageTaxes on the rich DROP after Prop. 30 tax increase
June 14, 2013 By John Seiler Call me Nostradamus. I have predicted numerous times on CalWatchDog.com that the Propsition 30 tax increase, combined with President Obama’s national tax increases, would drop tax collections from the rich. That has happened. Board
Read MoreThe congresswoman who betrayed her Central Valley hometown
June 14, 2013 By Chris Reed A Democratic congresswoman from California wants you to know she cares about some poor people — the ones who use food stamps. This is from the Bee: “Doris Matsui of Sacramento on Wednesday pledged
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Congrats to LAT on success of fracking disinformation campaign
June 9, 2013 By Chris Reed The new Los Angeles Times poll showing sharp skepticism among Californians about hydraulic fracturing — the newly improved oil-gas drilling process that has triggered a brown energy revolution — should trigger fierce pride among
Read MoreCA tops NY as ‘Most Hopeless State’
June 7, 2013 By John Seiler Well, we still enjoy better weather. But our colleague Steven Greenhut makes the case that California is worse even than New York State under Gov. Andrew “Worse Even Than Pops Mario” Cuomo: Whenever a free-market
Read MoreGoogle’s first U.S.-built smart phone coming to TX, not CA
June 4, 2013 By John Seiler As I reported yesterday, Apple is building its new GPU unit in Florida, not California. Now this: “Google-owned Motorola is working on a new smartphone that is made up of the things you’d expect:
Read MoreHow to fix California
June 2, 2013 By John Seiler Our friend Steven Greenhut has co-written, with William Osborne of the U-T San Diego, a prescription for fixing California. A couple of paragraphs: “California, the ninth-largest economy in the world, is a profoundly troubled state.
Read MoreNo, CA not thriving: Double-whammy from U-T San Diego
June 2, 2013 By Chris Reed The newly in-vogue theory in the national media and in the particularly stupid wings of the California media is that the Golden State’s recent revenue surge suggests Sacramento has gotten on the right track
Read MoreFracking watch: Illinois gets in on the energy gold rush
June 1, 2013 By Chris Reed There’s beginning to be almost a sense of inevitability about fracking spreading throughout the United States. Green objections are being overwhelmed by the economic benefits of the newly efficient energy-exploration process, by its positive
Read MoreSt. Louis Fed: There was no recovery
May 31, 2013 By John Seiler Gov. Jerry Brown and others have been proclaiming “California is back” because of greater state revenues. But I’ve been warning here all along that the “recovery” is hollow. For one thing, the reduction in
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