When California Lieutenant Governor Gavin Newsom begins meetings in Austin with Hardee’s hamburgers chief Andrew Puzder, local Chamber of Commerce Chairman Bobby Jenkins and Texas Governor Rick Perry, it’s because the most- populous state lingers in a funk, even as the U.S. pulls out of the deepest recession in half a century.Gavin should have learned. He caused this mess:
The world’s eighth-largest economy has lagged in job growth since California-based lenders such as Countrywide Financial Corp. led America into the housing bust. Unemployment in the state is 12.2 percent, more than a third higher than the national average. While signature industries such as technology, trade and tourism have rebounded, construction and government employment are weak or falling. Bloomberg
The city this year is paying $360 million in pensions, a number expected to spike to $800 million in 2014. That's a major chunk of the city's $6.6 billion budget and means less money left for basic services.And having Jerry Brown price control energy and plan union assaults on the citizen's doesn't help.
2 comments:
Wow! Gavin Newsom looking for help among business leaders who understand profits and service. I can not imagine Gavin actually listening and implementing any thing these leaders have to say.
It would be great if he had the humility to listen and see how the real world works---but its pretty doubtful.
But still where do you go to figure out how to create jobs?---to those who actually know how.
We'll see....
Wow! Gavin Newsom looking for help among business leaders who understand profits and service. I can not imagine Gavin actually listening and implementing any thing these leaders have to say.
It would be great if he had the humility to listen and see how the real world works---but its pretty doubtful.
But still where do you go to figure out how to create jobs?---to those who actually know how.
We'll see....
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