Posts Tagged ‘depression’CA Can’t Keep Kicking Can ForeverMonday, September 12th, 2011 SEPT. 12, 2011 By WAYNE LUSVARDI In former PBS news commentator Jim Lehrer’s 1987 novel, “Kick the Can,” his opening sentence is: “I was too old to play kick the can anymore.” But not so for 73-year-old California Gov. Jerry Brown, who continues his party’s policy of kicking the... Economic Decline AcceleratingFriday, July 15th, 2011 John Seiler: The recent phony budget deal that Gov. Jerry Brown signed into law anticipated $4 billion in extra revenues from a booming economy. Oops. All the indicators coming out show that the economy is declining again, meaning tax revenues also will be falling again, not rising: * Infl... Vallejo Is DyingSunday, January 23rd, 2011 John Seiler: Newsweek listed the Top 10 cities in America that are dying. No. 1 is New Orleans, in the wake of Hurricane Katrina. No. 2 is Vallejo, which has suffered more than any other city from the Schwarzenegger Decade of misgovernment. Vallejo has suffered more even than Detroit and sever... ‘Surviving California’ BlogFriday, October 29th, 2010My friend Bob Pace has a blog called "Surviving California." Great name. I wish I'd thought of it. It makes you think of your life as being on one of those Reality TV shows, although in this case you're not on an island but in the most anti-business, anti-human state in the union, perhaps on the pla... Worse than you thinkTuesday, August 31st, 2010John Seiler: If you've been reading CalWatchDog.com, you've seen my pieces warning that the economy might not perform up to the expectations of Gov. Arnold and the leaders in the Legislature. Back on June 21, I warned that a recession well could be coming in 2011, making the budget mess much wors... |