It’s time to dust it off again because the Capitol seems to be infested with voodoo economics these days – logic- and fact-deficient assertions about the seemingly magical economic effects of politicians’ pet causes.
The San Francisco-San Mateo area is even more dependent on high-tech for its economic expansion. During the same one-year-period in question, tech jobs accounted for 25,800 of the 41,700 total payroll jobs added in that region — 62 percent of the total.
The incredible innovation we are seeing in Silicon Valley and other parts of the state is due in large part to smart policy that supports a healthy environment and the economy. SB 32 will provide the long-term policy certainty to help spur even more innovation, investment and job creation. Companies will have the confidence to continue developing new technologies and business models.
More than 300,000 elderly Californians are officially poor, as measured by the federal government, but their numbers triple to more than 1 million when the “hidden poor” are counted, according to a new study from UCLA’s Center for Health Policy Research.
If you drive a car, gas prices will be higher. If you want to buy a house, you very likely could be priced out of the market. Small business owners will have to raise prices in order to cover the increases in gas and delivery charges. In some cases, small businesses may have to close up shop all together, which would be the worst consequence – intended or not.
Some of those same stakeholders are involved in SB 350, and we’re once again getting their bland assurances that it will be a win-win, without adverse effects. But as with that 1996 electric power bill, the devil is in the details, and those details are once again being written behind closed doors without a full explanation of their real-world impacts
About 5 million Californians departed the Golden State between 2004 and 2013, while 3.9 million arrived from other states for a net population loss of roughly 1.1 million, the Sacramento Bee reported Monday using tax-return data from the Internal Revenue Service.
Gov. Jerry Brown is working on an ambitious plan for transmitting electricity across state lines and bolstering California’s role in the region, according to energy officials.
Here’s how this dubious business works. Solar-leasing companies install rooftop systems (which often cost tens of thousands of dollars) at no upfront consumer cost. Homeowners rent the panels for 20 years at rates that typically escalate over time but are initially cheaper than power from the grid. Investors get to pocket the myriad state and federal subsidies while homeowners are promised hundreds of dollars annually in savings on their electric bills.
Results for some of the states that participated in Common Core-aligned testing for the first time this spring are out, with overall scores higher than expected though still below what many parents may be accustomed to seeing.
Personal income increased $67.1 billion, or 0.4 percent, and disposable personal income (DPI) increased $61.5 billion, or 0.5 percent, in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $37.4 billion, or 0.3 percent. In June, personal income increased $59.4 billion, or 0.4 percent, DPI increased $52.4 billion, or 0.4 percent, and PCE increased $31.8 billion, or 0.3 percent, based on revised estimates.
The California Department of Education on Friday began restoring historical test data that it deleted from the most accessible part of its website earlier this month, following criticism that it did so to discourage the public from making comparisons to the results of new tests aligned to the Common Core standards.
An Oakland lawyer who just won a $36 million settlement from Bank of America for failing to pay overtime to 365 employees said he expects to see an uptick in overtime-related lawsuits in the Bay Area — particularly for companies in the sharing economy, such as Uber or Lyft.
James Court of the Renewable Energy Association, a body representing green energy manufacturers, said the cut was “beyond their worst fears” and that “it is hard to see how homeowners could see solar as a viable option for the foreseeable future following these disproportionate cuts.”
“Owing to the uncertainty caused by its pending expiration, businesses across the state are already adjusting their plans for project development in 2017,” said Bernadette Del Chiaro, executive director of the California Solar Energy Industries Association. “We shouldn’t risk a significant slowdown of solar energy by letting [it] expire.”