Tag "budget deficit"
Back to homepageGet lost, Arnold
John Seiler: Taking a cue from one of his movies, Gov. Arnold Schwarzendeficit wants a final act. So he just called a Special Session of the new Legislature to resolve $6 billion in deficit spending from the budget he signed
Read MoreBrown's Job Got Twice as Hard
NOV. 12, 2010 By JOHN SEILER Less than a month ago, on Oct. 18, Moody’s Investor Service issued a report calculating California’s situation as “at least $12 billion in future budget gaps.” Now, the nonpartisan California Legislative Analyst’s Office released a
Read MoreDeparted Californians Swing Election
NOV. 2, 2010 By JOHN SEILER Given that a couple of million Californians have left the state in the past 20 years, most of them Republicans, it’s surprising that Democrats didn’t do better. Jerry Brown, as I write, won by
Read MoreDoes the CA Election Really Matter?
OCT. 21, 2010 By JOHN SEILER On Nov. 2 Californians face the most important election in decades, deciding the governorship, a U.S. Senate seat that could tip the Senate into the Republican camp, legislative and local races and several crucial
Read MoreMeg "wins" dismal debate
John Seiler: My take is that this was a dismal debate. Neither candidate is qualified to be governor. A state this big should be embarrassed that it can’t produce better candidates. Meg stayed on message: Jobs, jobs, jobs. When Jerry
Read MoreMeridith Whitney ranks Cal worst fiscally
Business guru Meridith Whitney ranks California worst for its fiscal condition. Texas is tops: Whitney says California is the worst of the bunch, with the largest budget gap, and dramatically increased spending. New York ranks poorly for having the highest
Read MoreIs Real Cal Unemployment At 25%?
SEPT. 14, 2010 By JOHN SEILER Welcome to the desert of California jobs. Officially, California’s unemployment rate was 12.3 percent for July, the latest month calculated. That’s bad enough. But the real number is twice as much: at least 25
Read MoreCastro as a model for California
John Seiler: Fidel Castro, the communist dictator of Cuba for more than 50 years, long has had his admirers in California. I remember when Rep. John Garamendi, when he was Insurance Commissioner, met with our editorial board at The Orange
Read MoreArnold's seven wasted years
SEPT. 7, 2010 By JOHN SEILER With Labor Day marking the traditional beginning of the campaign season, Gov. Arnold Schwarzenegger’s seven years as governor of California essentially are behind us. He will still have influence on the fiscal 2010-10 state
Read MoreArnold should blame himself
John Seiler: Reports Capitol Alert: Speaking today at the Goleta Valley Chamber of Commerce, the Republican governor had no qualms about attacking public employee unions, whom he blamed for high costs everywhere in government. On pension costs: “All of a sudden you
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