Posts Tagged: economy

News

PPIC: Brown, Legislature, economy on a roll

Gov. Brown on Jan. 9 in the state Capitol as he unveiled his 2015-16 draft budget. Brown's budget includes the newly approved "rainy day fund."(Photo: AP/Rich Pedroncelli)

Likely voters in California are starting off the new year with some new-found optimism about the governor, the economy and — wait for it — the Legislature, according to a new survey released late Wednesday by the Public Policy Institute of California.

News

To have and have not: The California debate intensifies

A homeless man in a wheelchair wiping his eyes at a pier in Oceanside, Calif. (Photo: David Little via Shutterstock)

We are moving into the post-industrial age, an era of mechanized production, where machines can increasingly do jobs that used to pay real people livable wages. In California, we have strong environmental and labor regulations that did not exist at the birth of the industrial age. These rules have improved and saved lives of workers and the communities where manufacturing plants are based. But they have also driven costs of manufacturing higher.

Opinion

Cap-and-trade: Fix needed now on regulation

A powerplant at sunset. (Photo: David Crockett)

Gov. Jerry Brown proposed in his recent state-of-the-state address that California should take steps to approve an aggressive new greenhouse gas reduction goal for 2030. This additional proposal would take California beyond the current 2020 goal set by Assembly Bill 32, the California Global Warming Solutions Act of 2006. The AB 32 Implementation Group is concerned that creating a 2030 goal will shift attention away from current regulations that are intended to meet the greenhouse gas emissions goal California’s elected officials adopted in 2006 for 2020.

News

An idealist’s heart: Brown on poverty, politics and the budget

Gov. Brown on Jan. 9 in the state Capitol as he unveiled his 2015-16 draft budget. Brown's budget includes the newly approved "rainy day fund."(Photo: AP/Rich Pedroncelli)

During his press conference outlining his new $164.7 billion state spending plan, Gov. Jerry Brown made extensive remarks about Californians living in poverty, and the challenges the state faces in dealing with those who continue to struggle economically. As California’s economy has recovered, statistics show nearly 25% of the state still lives in serious economic stress.

News

CalPERS: Retirees soon will outnumber active members

Calpensions: In a few years CalPERS retirees are expected to outnumber active workers, a national trend among public pension funds that makes them more vulnerable to big employer rate increases. The growing number of retirees, partly due to aging baby boomers, is one reason a staff report last week argues that CalPERS has too much “risk.”

News

Voters positive about state, but party, location are factors

California's Highway 1 in Marin County. (Photo: Constantine Kulikovsky)

FIELD POLL: Californians are taking a more positive view of the direction of the state than then did four years ago when near record proportions (80%) felt the state was seriously off on the wrong track. However, views about California’s overall direction vary considerably depending on where a voter lives and his or her party registration.

Opinion

Closing a Sanctuary Act loophole

An oil-drilling platform off California's southern coast. (Photo: Theo Fitzhugh)

OPINION: The California legislature passed the Coastal Sanctuary Act, which banned offshore drilling in state waters in most of the state. But the way the Act was drafted, it created a loophole that makes it possible to start new offshore drilling in one place only in California: Tranquillion Ridge in Santa Barbara County.

News

District by district, data tells the tale in California

An abstract rendering of multi-faceted California. (Flip Bjorkman)

While most indicators signal an economic upswing in California, the reality facing many residents of the Golden State is simple: On the ground, the recovery is still sluggish. Nowhere is that more apparent than in a newly developed database that includes detailed economic information on each of California’s 120 legislative districts and 58 counties.

Opinion

Drought takes toll on birds, Pacific Flyway

Birds take flight in the Pacific Flyway near Sacramento. (Photo: Department of Fish and Game)

OPINION: Summer is a relatively quiet time for birds in California’s Central Valley, as most of the ducks and geese are breeding in the north. But this year is more quiet than usual. According to a recent survey conducted by the Department of Fish Wildlife, the number of breeding ducks remaining in California this season is 23 percent below the long-term average. The decline speaks to the significant degradation of habitat in the Central Valley due to lack of precipitation.

News

Despite concerns, more voters say they’re better off

FIELD POLL: According to The Field Poll’s annual assessment of the economic well-being of Californians, 44% of registered voters now report that they are financially better off than they were last year, while 28% are worse off. Another 28% say there has been no change. This is the first time in seven years that more California voters have reported being financially better off than worse off compared to the prior year.

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