Entries by David Kersten

A Need for Public Sector Collective Bargaining Reform

California business leaders are unanimous in their desire for the California Legislature to proactively improve the state’s business climate, as opposed to only enacting policies that will further hinder economic growth. But it is far less understood how to actually get to a place where the Legislature both acknowledges that there are major issues with […]

Commentators Question Value, Motivations of California Legislature’s Far Left Political Agenda

The 2015-16 Legislative Session is in the books but some high-profile commentators are questioning what appears to be a far leftward drift in the policy agenda of the liberal California Democrat Legislature that has forgotten about the state’s middle class and the need to grow our economy. The dust has not even settled on the end of session battles, and there is […]

California Business Community Should Not Enable High Cost Government

The business community is in a very tough position in California.  The California Legislature is completely controlled by the Democratic Party and its pro-labor base. The California Republican Party and Republicans candidates are their most natural allies but Republicans are only viable in a relatively small minority of legislative races. The result is that the […]

Unraveling California’s New “Fiscal Paradox”

California taxpayers are getting taken to the cleaners, but most of them are completely in the dark about how and why. I will pose a quick question:  Does it seem strange that California has recorded record revenue increases, yet we also see a record number of tax increases and bond issuances on the ballot? In […]

CalPERS Sinks Further into Fiscal Insolvency

Orange County Register reporter Teri Sforza quietly released a story  that blows the whistle on another fiscal bombshell of bad news at the California Public Employees’ Retirement System (CalPERS). The story states that according to unofficial preliminary numbers from CalPERS the fund lost about 2% of its market value in the 2015-16 fiscal year that just ended–which […]