Tag "inflation"
Back to homepage$3.9 Million Pension Demands Sunshine
JUNE 9, 2011 By K. Lloyd Billingsley Pension payments such as the $3.9 million in supplemental funds to Samuel Downing, retired chief executive of the Salinas Valley Memorial Healthcare System, have touched off outrage among California legislators, editorial writers, and
Read MoreNew Assembly Bills Will Kill CA Jobs
MAY 23, 2011 By KATY GRIMES In less than three hours in the Assembly on Thursday, scores more anti-business bills were passed — always by a Democratic majority. The bills, if passed by the Senate and signed by Gov. Jerry
Read MoreCalifornia on the Peso Standard?
MAY 9, 2011 By JOHN SEILER Californians keep looking for ways to boost our economy, which also would bring in more revenue to the state government. The Legislature still is struggling with a budget deficit of about $15 billion, after
Read MoreCity v. City With Local Tax Increases
Katy Grimes: Threatening cuts of more than 20,000 teachers, $5 billion in cuts to schools, cuts in protection by police and sheriff, and the elimination of parole services, Sacramento Sen. Darrell Steinberg successfully passed a local taxation bill out of a
Read MoreInflation Means California Default
APRIL 29, 2011 By WAYNE LUSVARDI A March 24 Los Angeles Times-USC opinion poll indicated that 80 percent of likely California voters favored putting a cap on state spending. That is a remarkable statistic that didn’t make the original headline
Read MoreKey Graph Shows Housing Boom-Bust
John Seiler: Except for Nevada, California was hardest hit by the boom-bust of the housing market during the previous decade. Most explanations show how prices doubled or even tripled in many places — then crashed back down to earth, in
Read MoreI'm Singing the California Blues
APRIL 6, 2011 Once known throughout the world as the Golden State, California used to attract people from other parts of the United States as well as folks from other countries. People migrated to California for a chance of success
Read MoreFed Squanders Peace Dividend
John Seiler: This column by Chriss Street is not about California per se, but it’s an interesting read about federal monetary policy — something that always affects our state. BY CHRISS STREET The U.S. Federal Reserve Board’s second round of
Read MoreYour Taxes Already Up $700
John Seiler: Jerry Brown’s $12 billion tax increase, which he wants on a June ballot, comes to about $1,000 a year per family. Reuters just reported that the average American family will pay $700 more a year in gas costs,
Read MoreInflation Stalks CA Budgets
MARCH 4, 2011 BY JOHN SEILER Like a rerun of “That 70s Show,” inflation is back. And it’s hitting both personal and government budgets in California. The most obvious signal of renewed inflation is the rise in prices at the
Read More