Posts Tagged: inflation

Opinion

SB 598 threatens California small businesses with higher health care costs

Stethoscope and calculator, image by Michail Petrov

OPINION – Rising inflation has led to soaring healthcare costs for businesses. Compounding these challenges is SB 598, a bill currently under consideration in the California Legislature that, if enacted, it would further burden businesses, especially small businesses, with additional costs while introducing low-value care into the state’s healthcare system, harming patients across California.

Opinion

Bring transparency to lawsuit funding

Image by TSViPhoto via shutterstock

American businesses face constant legal threats, many of which are underwritten by wealthy funders exploiting the judicial system in California and across the country.

News

UC’s academic union workers in week two of strike

Strikers and their allies at a Nov. 16 rally on the campus of UC Davis. (Photo: David Kn, via Shutterstock)

About 48,000 academic union workers at the University of California are in the second week of a strike at UC’s 10 campuses, from San Diego north to the Lawrence Berkeley National Laboratory. They walked off their jobs on Nov. 14 amid complaints of unfair labor practices, an action that closed some classrooms and research labs.

News

PPIC survey: Economy, inflation, jobs are top concerns

The state Capitol in Sacramento. (Photo: PPIC)

The midterm campaign season enters its final stretch after Labor Day — in the context of rising consumer prices and higher interest rates that have created financial turbulence and uncertainty about job growth. Meanwhile, Californians are feeling the impact of climate change: severe drought, heat waves, and wildfires. Recently passed federal and state legislation aims to address these issues ahead of the highly consequential Nov. 8 election.

Analysis

Redistricting, elections: Surprises await, and no perfect roadmap

Image of the California state flag, showing the cracks and fissures representing political differences. (Illustration: helloRuby, via Shutterstock)

ANALYSIS: For the past two years, redistricting experts and politicos, myself included, have been building toward the 2022 election cycle. A big part of this included building tools for analyzing potential new districts for their partisan breakdown and likely voting behavior. Getting these kinds of metrics was critical to the drawing of lines by legislatures that still have the control, and performing advocacy before commissions in states, like California, that have transitioned to a public and open redistricting process.

Recent News

Nearly half-century later, lawyers and doctors see peace over MICRA

Illustration of the elements of medicine and the law. (Illustration: vchal, via Shutterstock)

The latest chapter in a decades-long battle between physicians and lawyers is unfolding through compromise in Sacramento and so far, almost everyone involved has come aboard. The political battle revolves around California’s Medical Injury Compensation Reform Act (MICRA) which limits the amount of money patients can receive if injured by a physician in connection with medical treatment.

Opinion

Car crash victims get hurt in their pocketbook, too

A Los Angeles police officer inspects the damage of a car crash. (Photo: Matt Gush, via Shutterstock)

OPINION: Imagine paying the insurance premiums on your home for years, thinking you’re protecting yourself against disaster. Then, horribly, one day your house burns to the ground in a catastrophic fire. Only then do you find out the shocking news that your insurance policy will pay the cost to replace your home – but only up to the value of what the home was worth in 1967, back when Lyndon Johnson was President.

News

CalSTRS’ finances reflect debt — and surplus

The photo gallery in the main entrance of CalSTRS' West Sacramento headquarters. (Photo: CalSTRS)

The main California State Teachers’ Retirement System pension fund is seriously underfunded, and school district pension costs are more than doubling, biting deep into classroom budgets. But the agency, called CalSTRS for short, has an inflation-protection fund with a growing $9.8 billion surplus and an eye-popping positive cash flow.

Opinion

Yet another minimum-wage hike would cripple business

OPINION: Senate Bill 3, authored by State Senator Mark Leno (D-San Francisco), would enact an unwarranted additional hike in the state’s minimum wage, similar to his measure earlier this year, SB 935, which was a California Chamber of Commerce “Job Killer”. California’s minimum wage was just raised $1 to $9 per hour on July 1 of this year, well above the current $7.25 per hour mandated under federal law.

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