Posts Tagged: household
A woman balancing her books with the help of a calculator. (Photo: fizkes, via Shutterstock)
OPINION: Oversight can protect and level the playing field for both parties, as we will see soon in California with the state’s recent decision to “modernize” its lead financial regulatory agency, the Department of Business Oversight, into the new Department of Financial Protection & Innovation (DPFI).
A janitor mops the floor in a new school building. (Photo: Siyanight, via Shutterstock)
If passion for children were enough to pay the rent, classified education workers would be some of the wealthiest people in the Golden State. Instead, the hard-working teaching assistants, janitors, special education aides and cafeteria workers who keep our K-12 schools running barely scrape by during the school year, only to face hunger in the summer months when their paychecks stop.
Calpensions: A small but affluent Orange County city, with a current staff of only a half dozen employees, would have to pay about $3.6 million to leave CalPERS, the giant state pension system estimated two years ago. “I almost feel like just handing this to a reporter and saying, ‘Look at this.’
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.
A view of the California drought from Marine One during President Obama's visit earlier this year. (Photo: White House)
OPINION: There is an Armenian proverb: “On a rainy day many offer to water the chickens.” And in a very dry year there are many who want to follow the call to tear out their lawns. The call is coming from the Department of Water Resources and others for urban homeowners to start tearing out their lawns, with financial incentives for doing so.
The governor, who has described himself as tight with a buck, set out to prove it before the UC Regents when he said they needed to bite into a “reality sandwich” if they were thinking of getting more than a 5 percent hike in state funds. The increase Brown granted in this year’s budget was relatively modest but desperately needed to fill some gaps for UC.