Posts Tagged ‘California economy’

GovEdPensions.Con


Tuesday September 15th, 2015   •   Posted by K. Lloyd Billingsley at 5:42am PDT   •   0 Comments

As Lawrence McQuillan has observed, unfunded pension liabilities have soared to $4.7 trillion nationwide, and California accounts for $550 billion to $750 billion of the total. CalPERS, the Golden State’s biggest public pension fund, has authorized 99 types of special payments that count in pension calculations, but the only one that drew any objection…
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Government Monopoly Game Punishes the Poor


Tuesday September 8th, 2015   •   Posted by K. Lloyd Billingsley at 11:49am PDT   •   0 Comments

In 2012, California assemblywoman Fiona Ma backed AB 2482, a bill to license, yes, interior designers. Backers of the measure claimed it would protect consumers from unqualified home decorators, but as Dan Walters of the Sacramento Bee notes, “it was quite evidently aimed at limiting who could offer design services to potential clients –…
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Audit Tees Off on Statewide Waste


Friday August 28th, 2015   •   Posted by K. Lloyd Billingsley at 9:21am PDT   •   0 Comments

As we recently noted, the California Department of Transportation (Caltrans) pays 3,500 full-time employees to sit around at their desks, as one legislator put it. According to Investigations of Improper Activities by State Agencies and Employees, a new report by state auditor Elaine Howle, they were doing much more than that. One Caltrans engineer,…
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Compound Education Waste


Monday August 17th, 2015   •   Posted by K. Lloyd Billingsley at 10:35am PDT   •   0 Comments

In recent years California has raised per-pupil education spending about 50 percent, to $13,000 a year. As Dan Walters of the Sacramento Bee shows, despite this increase, “national academic testing has found that California’s students rank near the bottom in achievement.” The response of the state’s education establishment is to attack the tests. As…
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GovWasteEntitlement.Con


Friday July 24th, 2015   •   Posted by K. Lloyd Billingsley at 10:11am PDT   •   0 Comments

California is not exactly a hot spot for jobs, but as Dan Walter explains in the Sacramento Bee, it’s not for lack of government spending. California has, count ‘em, at least 30 “workforce development” programs in, count ‘em, nine state agencies. And these programs spend “an estimated $5.6 billion each year, $3.1 billion from…
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Wasting Taxpayer Dollars on Wasted Senators


Monday June 1st, 2015   •   Posted by K. Lloyd Billingsley at 11:05am PDT   •   1 Comment

California state senators draw six-figure salaries plus gold-plated pensions, plus an impressive array of benefits that includes a car allowance. Some of those senators like to get drunk, and when they do, California taxpayers will now be footing the bill to drive them home. As Alexei Koseff and Jim Miller observe in the Sacramento…
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State Employee Scam Burns Taxpayers


Monday April 13th, 2015   •   Posted by K. Lloyd Billingsley at 8:53am PDT   •   0 Comments

In California, prodigious waste of taxpayer dollars is inherent in the system but politicians look the other way and few in the old-line establishment media are watching. One notable exception is Jon Ortiz of the Sacramento Bee, co-author with Jim Miller of “The Public Eye” watchdog report headlined “Audit: California departments break law, game…
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Bullet Train Cap and Raid


Monday March 30th, 2015   •   Posted by K. Lloyd Billingsley at 9:41am PDT   •   1 Comment

Politicians promoted the California high-speed rail project as a rapid route between Los Angeles and the San Francisco Bay Area. But as we noted, the “bullet train” broke ground near Fresno. Now Dan Walters of the Sacramento Bee finds a gap between other bullet-train claims and reality. The California High-Speed Rail Authority claims that…
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More Government IT Waste


Wednesday March 25th, 2015   •   Posted by K. Lloyd Billingsley at 5:36am PDT   •   1 Comment

As we recently noted, California’s Department of Consumer Affairs was implementing a computer system pegged at $27 million. Problems with the system boosted the cost to $77 million, but that still didn’t get it done. Consumer Affairs bosses want another $17.5 million, bring the cost to $96 million, more than three times the original…
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$13.2 Billion Bust Bilks Taxpayers


Wednesday February 4th, 2015   •   Posted by K. Lloyd Billingsley at 5:36am PST   •   2 Comments

What do taxpayers get for $13.2 billion in government spending on mental health? Not much, according to a new report by California’s Little Hoover Commission. In fact, as David Siders explains in the Sacramento Bee, the state cannot even document whether the $13.2 billion even improved any Californians’ lives. That is the legacy of…
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