Tag "Japan"

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Lawmakers embark on high-speed journey through Japan

As California moves forward with the state’s first high-speed rail system, questions remain about the viability of the $68 billion transportation project. In an effort to better understand the challenges posed by high-speed rail, a delegation of three state Senators spent the

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Warning for CA: Japan’s tax increases sparked recession

Japanese Prime Minister Shinzo Abe just called for a snap election under their parliamentary system. We’ll soon see if voters affirm his tax-increase policies, which were supposed to restore strong growth but instead slammed the country into another slump. Due

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How are Japan’s tax increases working?

Given the desire for even more tax increases for American and California, how are the recent  tax increases working in Japan? TOKYO (AP) — Japan’s economy shrank more sharply in the second quarter than first estimated and the latest indicators suggest

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Bad economic news could confound state budget projections

Feb. 15, 2013 By John Seiler Gov. Jerry Brown’s cheery announcements of the state’s budget health are guiding budget spending priorities. As he said in his State of the State address, “The message this year is clear: California has once again

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Video: Interview with Steve Forbes on America’s fiscal cliff

Aug. 13, 2012 By Brian Calle This is the second part of my interview with Steve Forbes, the owner of Forbes magazine and a former presidential candidate. He comments on America heading over a fiscal cliff.

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Why pensions are going broke

April 13, 2012 By John Seiler Why are government pensions going broke? Wayne Lusvardi wrote about recently it in one of our Special Series on municipal bankruptcy, “California counties are more at risk of going belly up.” In one sentence,

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