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The 2020 California Tax Grab

The 2020 California Tax Grab

By Larry Sand   Like a bad zombie movie where no one really dies, California’s “split roll property tax” is back. The last time it had a heartbeat was in 2015 via the so-called “Make it Fair” initiative, which was headed for the ballot in 2016. But due to some Democratic pushback, the proposition was pulled, […]

How much will YOUR city pay CalPERS in a down economy?

How much will YOUR city pay CalPERS in a down economy?

    By Edward Ring CalPERS still hasn’t issued their actuarial analyses for the period ending 6/30/2018, even though a year ago, the 6/30/2017 analyses were available. Could it be related to the fact that the DJIA index on 10/01/2018 was 26,447 and as of midday 10/01/2019 it sits at 26,599? Did CalPERS have a bad year […]

Homelessness | Venice Beach’s Monster on the Median

Homelessness | Venice Beach’s Monster on the Median

    By Edward Ring When President Trump arrived in Los Angeles on Tuesday, he had a few words to say about the city’s homeless problem. “We can’t let Los Angeles, San Francisco and numerous other cities destroy themselves by allowing what’s happening,” the president told reporters. “In many cases [building tenants] came from other countries and they […]

Failing education, lawsuits and parental choice

Failing education, lawsuits and parental choice

. . By Larry Sand . Americans are shockingly weak in civics. The latest Annenberg Public Policy Center survey finds that only 39 percent could name the three branches of U.S. government and less than one-quarter know that Congress has to muster a two-thirds vote to override a presidential veto. The results are in line with a study […]

The Enemies of American Infrastructure

The Enemies of American Infrastructure

    By Edward Ring Between 2008 and 2019, China opened up 33 high speed rail routes, connecting 39 major cities along four north-south and four east-west main lines. The 18,000 mile network runs trains at an average speed of around 200 miles per hour. By 2030, the Chinese expect to double the mileage of their high speed […]

Teacher union mandates lead to teacher shortages

Teacher union mandates lead to teacher shortages

By Larry Sand . In my post last week, I gave ample proof that the claim of a nationwide teacher shortage is bogus. For example, in California, where the  teachers unions insist that teachers are “leaving the profession in unprecedented numbers,” there is no widespread shortage. In fact, according to the California Department of Education, there are shortages in […]

AB5 Can’t Keep This Good Newsletter Down!

AB5 Can’t Keep This Good Newsletter Down!

California Policy Center   It’s time for your favorite weekly newsletter, from California Policy Center! The California state legislature is moving forward with AB5, which seeks to end independent contracting as we know it. State lawmakers say the bill will rein in Uber and Lyft, punishing them and others who hire independent contractors. Unfortunately, some industries […]

The Density Delusion

The Density Delusion

    By Edward Ring For decades, American workers have watched as their ability to enjoy middle class lifestyles erodes away. Conventional explanations abound. American industry in the immediate aftermath of World War II was uniquely unscathed, and with a near monopoly on global manufacturing, it was able to pass much of the ample profits on […]

Were Pensions Benefits Retroactively Enhanced Without Notifying the Public?

Were Pensions Benefits Retroactively Enhanced Without Notifying the Public?

    By Edward Ring   In 1999, at the height of the stock market runup fueled by the internet bubble, California’s state legislature passed SB 400, which increased pension benefits for officers with the California Highway Patrol. Over the next several years, pension benefits were similarly increased for government employees working in nearly every one of […]

America’s Homeless Industrial Complex – Causes & Solutions

America’s Homeless Industrial Complex – Causes & Solutions

    By Edward Ring In his final speech from the White House in January 1961, President Dwight Eisenhower warned the nation that the military had joined with the arms industry and had acquired unwarranted influence over American politics. His term for this alliance was the “military industrial complex.” Since that time, Eisenhower’s term has been co-opted by […]

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