Last fall, California voters were confronted with two major and hotly-contested ballot measures—Governor Jerry Brown’s proposal (Proposition 30) to raise taxes on the rich to end the state’s chronic budget shortfalls, and a conservative initiative (Proposition 32) which would have curtailed unions’ ability to spend their treasuries on political campaigns. Proposition 30 passed and Proposition 32 was soundly defeated, but they had to overcome a joint, well-funded campaign by rightwing interests to prevail.
If the sequester had come to California 25 years ago, its effect would have been catastrophic. Today, its effects are decidedly less draconian – but since today’s California has a considerably less robust economy than that of the late '80s, the sequester will still cool off the state’s already tepid recovery.
America’s most futuristic governor seems borne back ceaselessly into the past these days. As he shows me around his office on a crisp winter morning, California Governor Jerry Brown points out not just the desk that his father, Edmund “Pat” Brown, used during his own term as governor from 1959 to 1967 but also photos of his grandparents and his great-grandfather, who came to California in the gold rush years. “He knew John Sutter,” Brown says. The only two governors in the past half-century who were native Californians, he points out, were he and his father.
Cristina Romer, Berkeley economics professor and the former head of President Obama’s Council of Economic Advisers, passed judgment on the merits of raising the minimum wage in Saturday’s New York Times, and in the process made clear why she wasn’t a member of the president’s de facto council of political advisers. She argued, as some mainstream economists do, that the merits of a heightened minimum wage were slight—that it may, for instance, raise prices, offsetting the gain to low-wage workers.
In announcing Thursday that he would no longer negotiate with President Obama over a deal to reduce the nation’s budget deficit, House Speaker John Boehner said that Republicans would support no more tax increases. The question, he said, came down to “how much more money we want to steal from the American people to fund more government. I’m for no more.”