Topic: Cost of Living
News
Nov. 17, 2017

American climate-change activists point to Europe, and especially Germany, as the paragon of green energy virtue. But they ought to look closer at Angela Merkel’s political struggles as she tries to form a new government in Berlin amid the economic fallout from the Chancellor’s failing energy revolution.

Berlin last month conceded it will miss its 2020 carbon emissions-reduction goal, having cut emissions by just under 30% compared with 1990 instead of the 40% that Mrs. Merkel promised. The goal of 55% by 2030 is almost surely out of reach.

News
Nov. 15, 2017

The LAO’s outlook shows the state would finish its 2018-19 budget year with more than $19 billion in reserves – assuming lawmakers and Gov. Jerry Brown don’t make any more spending commitments. About $11 billion is obligated for the state’s rainy day fund.

Lawmakers could spend about $7.5 billion of the surplus, although analysts recommend that they save it to prepare for a recession.

News
Nov. 8, 2017

There is no firm estimate on the number of people who live in vehicles in Silicon Valley, but the problem is pervasive and apparent to anyone who sees RVs lining thoroughfares; not as visible are the cars tucked away at night in parking lots. Advocates for the homeless say it will only get worse unless more affordable housing is built. The median rent in the San Jose metro area is $3,500 a month, yet the median wage is $12 an hour in food service and $19 an hour in health care support, an amount that won’t even cover housing costs. The minimum annual salary needed to live comfortably in San Jose is $87,000, according to a study by personal finance website GoBankingRates. So dilapidated RVs line the eastern edge of Stanford University in Palo Alto, and officials in neighboring Mountain View have mapped out more than a dozen areas where campers tend to cluster, some of them about a mile from Google headquarters.

News
Nov. 6, 2017

Switching to all clean cars would require a herculean transformation in the Golden State. They accounted for less than 5 percent of car sales in the first six months of this year, even as the state offers plum incentives to motorists. Challenges include concerns about how far clean cars can travel and a lack of charging stations.

News
Nov. 1, 2017

The problem with California’s public colleges and universities is not in the quality of their academic offerings — it’s that the schools don’t do enough to help students find affordable places to live, according to a new statewide survey about higher education.

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Nov. 17, 2017 / Andrew Khouri

Nov. 17, 2017 / The Editorial Board