It’s happening again. People who should know better are pointing to California’s current budget surplus as proof that the state, the world’s fifth largest economy, is in sound financial shape. That figure is also being used to support the claim …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Los Angeles population drops, San Francisco & Silicon Valley population rises least since 2010, North Bay’s population drops. The housing market in California with its sky-high home prices depends on blistering population growth. So here we …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Despite “the lowest interest rates in more than a year.” In California, the median house price in March was essentially flat with March last year at $565,880, according to the California Association of Realtorstoday. But among the …
via mercurynews: Even under the rosiest of regulatory scenarios, California’s residential construction industry needs at least 200,000 new workers to produce enough new housing to improve affordability. But it is struggling to compete for them. Industry leaders often claim it’s because …
by AC I’ve lived in San Diego for about 3 months now. I never wanted to move here, but I got laid off in August and was out of work for a few months and took the job offer I …
by DCG This womyn is serving her 15th term in Congress. She is a Ranking Member of the Financial Services Committee. She is also an idiot. Hope you are proud, California! DCG
How many of them are illegals? More than 3 million Californians who obtained new identification cards to comply with a federal mandate might have to return to the Department of Motor Vehicles because the state did not adhere to Homeland …
by Grif The California Senate Health Committee April 3 approved SB 24, a bill to give students on all UC and USC campuses access to free medical abortions on demand. SB 24, titled the “College Student Right to Access Act,” now …
https://www.youtube.com/watch?v=sMtJYXIzBoc
Sacramento wants to tax soda, tires, guns, water, pain pills, lawyers, car batteries… To plagiarize T.S. Eliot, April is the cruelest month. But not for the reasons the poet wrote. Rather, for all the taxes. And there are bills in …
#DYK: Hospital spending on care as a percentage of total health spending is down nearly 9 points from the 1980s; we’re doing our part to keep costs in check. #CAleg pic.twitter.com/oUJyYHhW8Y — California Hospital Association (@CalHospitals) April 2, 2019 …
by inspurious View the interactive version here. This chart shows the suicide rate (per 100,000 persons) in California between 1999 and 2017 for 5 separate age groups. Data source: Multiple Cause of Death, 1999-2017 dataset from the Centers for Disease Control and Prevention. …
SACRAMENTO (CBS13) – Starting Monday, sales tax in 51 California cities – including four in the Sacramento area – is increasing. Sacramento, West Sacramento, Roseville and Lodi will see new rates. Taxes in Roseville, Lodi and Sacramento are each going …
https://www.youtube.com/watch?v=p2yKyC8wVt8 Nice job Demnocrats, you destroyed one of the USAs most beautiful states. JS
This is insane. I can’t believe how bad it is getting in California! California is turning into a 3rd world country! There is nothing we can do about it democrats are corrupt to the core AC
via pjmedia: You can’t go a week without another report of businesses and people leaving California because of the high cost of housing. Today it’s the Wall Street Journal’s turn, in a story headlined, “California Has the Jobs but Not Enough Homes.” …
The debt situation is so bad right now, particularly in California and New York that many people are leaving. That’s a very bad sign. Only a handful of states actually have a growing middle class. That’s terrible news. Do you …
SAN FRANCISCO—California’s economy is adding jobs far faster than affordable places to live, forcing some employers to leave the state as they expand. Companies that move from California have historically left behind its diverse industries, renowned public universities and balmy …
Josh Sigurdson talks with author and economic analyst John Sneisen about the latest news out of California as the housing bubble continues to weaken and yet still get propped up by government through Governor Gavin Newsom’s latest housing initiative. UCLA …
By Irina Slav San Francisco and Oakland have approached a federal appeals court with a request to reinstate their lawsuits against five Big Oil companies, which a U.S. District Judge dismissed last year. NBC reports the two municipalities had also asked the 9th …
by Michael Snyder Could this be one of the reasons why cancer rates are steadily rising all over the world? The radiation that we are constantly being bombarded with by the cell phone industry is one of the greatest environmental scandals …
by hopefullymovingon I have been living in a mentally unstable household with my grandparents for 12 years. My dad left and my mom could not find a house so she had to move in with her parents with me …
https://www.cnbc.com/2019/03/14/jury-orders-johnson–johnson-to-pay-29-million-in-cancer-trial.html On Wednesday, a California jury ordered Johnson & Johnson to pay $29 million to a woman who alleged that asbestos in the company’s talcum-powder-based products caused her mesothelioma. J&J denies allegations that its talc causes cancer, saying numerous studies …
Via The Babylon Bee LOS ANGELES, CA—El Segundo man Barry Walker wept bitterly in court today after a judge sentenced him to 20 years in state prison for possession of a crazy straw. Walker was arrested in January after police …
by Martin Armstrong Most employers provide vacation and sick leave. However, most employers do not allow sick days to roll over from one year to the next. The norm is to often cap at a certain number of days or hours. …
Middle and working class people continue their exodus from California. But because business-owners cannot so easily escape California’s high taxes, the wealthy entrepreneurial class has more-often opted to stay. Legislators are trying to address California’s problem with tax reform, but …
via latimes: After 36 years as a California government transportation engineer, Bijan Sartipi retired with much more than a goodbye party: He was paid $405,000 for time off he never used — one of more than 450 state workers who took …
by DCG One million dollars in payment for sexual misconduct and Kamala knew nothing about it? Um, okay. Doesn’t speak much of her great concern for victims of sexual harassment. From NY Post: The California Department of Justice paid more than $1 …
by Martin Armstrong COMMENT: Marty, You have to help us out here. California tried to tax text messages. The feds stopped that. Now, LA county wants to tax Uber and lyft. They’re already taxing us, I think, for mosquito control. The mosquito …
by Spencer P Morrison, NEE Please subscribe on my new YouTube channel. Don’t forget to support me on Patreon & follow me on Twitter. This channel & website are reader-funded. From The California Paradox: High taxes, oppressive regulations, and socialism undoubtedly hurt California’s economy, but they …