Tag "recession"
Back to homepage'Oscar Welfare Bill' Passes Assembly
JUNE 1, 2011 By KATY GRIMES Legislators in the Assembly voted overwhelmingly yesterday to approve what amounts to another $500 million tax credit for Hollywood. But not everyone was enamored of the latest entitlement bill for the rich and famous.
Read MoreCA Could Have Worst Jobless Rate
John Seiler: California never has had the worst U.S. unemployment rate. During the Great Depression, we weren’t hit as hard as most other states. Hollywood and the aerospace industry took off. Food exports to other states and the world grew.
Read MoreGov. Brown's Budget Showdown
Katy Grimes: Yesterday’s May Budget Revise with Gov. Jerry Brown started off as a”No surprises” press conference. However, while the swords are still drawn in the political party duel over spending, revenue and tax increases, I am wondering if anyone
Read MoreParty Time With Sacramento
Katy Grimes: Despite facing a massive $39 million budget deficit, record numbers of home and commercial property foreclosures, cuts to public safety, the decimation of the city parks staff, and teacher layoffs, two Sacramento legislators are in a party mood.
Read MoreBusiness Resolution Is All Talk
Katy Grimes: Anyone who has had to sit through a session in the state Senate or Assembly knows the agony of listening to mostly meaningless resolutions, usually presented with a stated intent to support an issue. Thursday the Senate unanimously passed Senate
Read MoreCan Business Recovery Be Legislated?
Katy Grimes: It’s so exciting that fast food giant Carl’s Jr. plans on opening 300 new fast food restaurants! Wow. That’s such good news for the economy. Unfortunately for California, the restaurants will be opening in Texas. Carl’s Jr. CEO Andy Pudzner
Read MoreJunket To Ireland Is Blarney
Katy Grimes: Operating under the weight of a massive deficit and without a budget deal done, some Democratic legislators are preparing to take a 10-day trip to Ireland, ostensibly to study the Irish sustainable energy system, and using waste to power
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 MoreInvestment Tax Credit Could Boost CA Jobs
MARCH 25, 2011 By KATY GRIMES One senator is trying to offer California manufacturers a break to help stimulate business growth. But even his modest sales-tax credit was met with resistance in a hearing at the Capitol on Wednesday. Inland
Read MoreWealthy and Poor California Spongers
MARCH 24, 2011 Sponges come in all shapes and sizes. And some sponges are much more absorbent. Unfortunately for Californians, the freeloading sponges in the state are soaking up more than ever as California sinks deeper into a sinkhole of
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