What’s this now? California Gov. Gavin Newsom on Friday postponed his State of the State address scheduled for next week, as the fate of his signature mental health initiative from the primary ballot remains uncertain. No new date was given for the speech, which had been scheduled for Monday afternoon. Hey! I could have done […]
Hey, a hundred billion here, a hundred billion there, and pretty soon you’re talking about real money. But apparently not real progress. When I first started writing about California’s high-speed rail boondoggle thirteen years ago, its advocates claimed they could connect Los Angeles and San Francisco for $33 billion. After getting $3.5 billion from the […]
It’s not just the state of California that is facing a big budget deficit. San Francisco’s own projected deficit keeps growing. Just last month, Mayor London Breen announced she was looking for a 10% budget cut to deal with a projected deficit of $800 million. City budget officials have projected a deficit of $800 million […]
Americans are strongly dissatisfied with the direction of the country and the economy. According to Gallup, just 19% of the public is satisfied with how things are going, compared with 80% who aren’t. Incredibly, consumer sentiment is lower now than it was during the COVID-19 lockdown in 2020. It’s easy to see why. Inflation remains […]
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