Source: California Policy Center
News
Sept. 6, 2017

Teachers’ union leaders hoping to discount the runaway academic success of charter schools have claimed charters lure the best-performing kids, leaving traditional, union-run public schools to handle poor-performing and struggling students. In its statement launching the anti-charter “Kids Not Profits” campaign, for instance, the California Teachers’ Association claimed that charters “cherry-pick the students … weeding out and turning down students with special needs.”

Now a series of reports in California and elsewhere show the opposite is true. In one case, educators in the San Diego Unified School District have been counseling their students with low grade-point averages to transfer into charter schools, especially online charters, according to a Voice of San Diego report last month.

News
Sept. 6, 2017

Teachers’ union leaders hoping to discount the runaway academic success of charter schools have claimed charters lure the best-performing kids, leaving traditional, union-run public schools to handle poor-performing and struggling students. In its statement launching the anti-charter “Kids Not Profits” campaign, for instance, the California Teachers’ Association claimed that charters “cherry-pick the students … weeding out and turning down students with special needs.”

Now a series of reports in California and elsewhere show the opposite is true. In one case, educators in the San Diego Unified School District have been counseling their students with low grade-point averages to transfer into charter schools, especially online charters, according to a Voice of San Diego report last month.

News
July 28, 2017

Occupational licensing requirements have a widespread and deep reach in California. The Golden State ranks 7th in the nation for licensing burden, with a total of 62 low-income occupations licensed and requiring an average of 549 days of education. These licenses have cast a wide net, with one out of every five Californian’s needing to receive permission to work from the government . By restrict entry into the market occupational licenses also result in lower job growth. Specifically, licensed industries experience up to 20% lower job growth than their unlicensed counterparts. This has prevented the creation of 3 million jobs nationally, according to a study from the Upjohn Institute for Employment Research. Occupational licenses also increase wages at the cost of consumers. While we can cheer hooray for those licensed workers who now enjoy 15% higher wages, the party is ruined for consumers who now fork out an additional $203 billion a year. In fact, the increase in consumer prices in licensed industries ranges from 5% to a whopping 33%.

News
July 14, 2017

Oblivious to the fact that these corporate and personal earnings [or just “earners”?] can move to other states or even other countries, Sacramento recently increased the gas tax and car tax by over $5 billion annually. The politicians do not spend this money well. Our freeways, once the envy of a great nation, are an embarrassment. Our dams, once an engineering marvel, threaten hundreds of thousands without warning because maintenance is deferred to cover up pension debt. The CalTrans budget was $13 billion in 2010, the year Governor Brown took office; by 2013, it was reduced to $11 billion. So here is the formula Sacramento politicians have dreamed up for sending our shining stars to other states: tax more, then spend less on the things that matter. Sacramento knows about this problem, but as usual, its solutions are ham-fisted. Here’s an example. Politicians paid Paramount Studios $22 million in tax bribes to film one of the myriad installments of “Transformers” in California instead of taking its business to another state. This is only one of the films in the Transformers “cycle” to be filmed in California; others have been shot in China, Britain and in other states. To keep some of the action in California, Sacramento has created a huge taxpayer-supported fund to help finance films with budgets of $75 million or more “to entice more major motion pictures to choose California and reverse the tide of runaway productions”. According to the LA Times, “California officials hope that more in-state film shoots will help spur local economics through spending and hiring.” Making crony deals with billion-dollar corporations will not stem the flow of our young entrepreneurs from California; it just makes them shake their heads at the pathetic condition of the state they used to love.

News
July 12, 2017

When we split obligations into how much California owes to those who have already retired and current employees, a startling fact emerges. The assets California governments have now aren’t even enough to cover what it owes to current retirees. For all employees combined, retirees are owed $134.5 billion as compared to $112.6 billion in total assets. California governments do not have enough money to pay what they owe retirees, and they have nothing at all set aside for current employees. Every year, employees have funds deducted from their paychecks to go into the pension funds. Those funds will go to retirees. By the time it’s their turn, there will be no money left for current employees. Current employees are forced to pay into a retirement system that may be bankrupt when they retire.

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