“Reforming California: Easier said than done”
For the last couple of years, some of the state’s most influential business titans and elder statesmen have taken time off to grapple with the mess in Sacramento.
Former Secretaries of State George Shultz and: Condoleezza Rice, Google Inc. Chairman: Eric Schmidt, Los Angeles philanthropist: Eli Broad: and other heavyweights have all attended an effort known as the Think Long Committee for California, which is focused on squaring away the years of mismanagement from Sacramento and conflicting mandates from citizen initiatives.
They haven’t gotten very far.
Associate Professor of Economics, North Carolina State Univ.
The Wall Street Journal assesses Obama’s claims about the Buffett Tax. Excerpt: Forget Warren Buffett, or whatever other political prop
A property tax take even larger than was expected has given Los Angeles a brief reprieve, but bankruptcy still looms