Thursday, January 12, 2012

California Economy

  • SACRAMENTO, Calif. -- The recession has taken a measurable toll on California, which has slipped behind Brazil to become the ninth-largest economy in the world. As recently as 2002, Californias economic output would have ranked it No.
  • (Huffington Post)
  • SACRAMENTO, Calif. -- The recession has taken a measurable toll on California, which has slipped behind Brazil to become the ninth-largest economy in the world.
  • (KCRA.com)
  • California, long considered to have the worlds eighth-largest economy, has slipped to ninth place, according to the Palo Alto-based Center for the Continuing Study of the California Economy. Blame it on Brazil. With a fast-growing, $2.
  • (Sacramento Bee)
  • Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co.
  • (Bloomberg)
  • Seven California state agencies and local district attorneys are joining forces to battle the underground economy in which businesses avoid buying workers compensation insurance and paying payroll taxes.
  • (msnbc.com)
  • LONG BEACH,  Steve Elbrecht: California's economy is like an engine that's not firing on all cylinders. Untold numbers of talented people who want to work are going to waste.
  • (Orange County Register)
  • But in the California of the latter decades of the last century shows where those jobs went by providing a case study of what success looks like in today's American economy.
  • (Atlantic Online)
  • SACRAMENTO, Calif. _ The economy is kicking into gear _ yet Gov. Jerry Brown says California still has to slash spending and raise taxes.
  • (Syracuse Post-Standard)
  • SACRAMENTO — Californias budget deficit appears more manageable than in past years, but the states ongoing fiscal crisis will continue to dominate debate over other matters in the Legislature during the coming session.
  • (The Californian)
  • California is broke. Cities are out of money. Too many public workers exist on the payroll. California has emerged as a shakedown state, raising revenue in unusual ways from their own. Municipalities participate in their own local way.
  • (Examiner)

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