Who knows how many people will read this in the rush of Thanksgiving travel:
Texas’ economy continues to kick ass.
In fact, Texas set a record for new jobs for the third month in a row. (Hat tip: The Twitter feed of Texas’ incoming governor.)
Texas also leads the nation in oil and gas jobs created. (Hat tip: Texas’ incoming Comptroller.)
CalPERS retirees will soon soon outnumber active workers. (Hat tip: Pension Tsunami.)
California’s death by pensions.
Bankrupt San Bernardino caves in to CalPERS.
Still, court rulings make it possible that bankrupt cities may shed pension obligations in the future.
You know how California’s Prop 30 tax hikes in 2012 were supposed to prevent university pension hikes? Guess what? “Despite the massive tax hikes ostensibly to keep higher education affordable, the University of California Board of Regents just announced a sizable increase in tuition.” Let’s hope that students at California universities learn the proper lesson: tax hikes are never temporary.
Indeed, tuition will increase around $15,000 by 2019.
The underfunded liabilities across all California pension systems adds up to $130 billion.
Pension crisis divides California Democrats on UC tuition hikes.
Demands from union-backed environmental group torpedo plans for a Japanese-owned factory in Palmdale, California.
Education reform loses in California.
California is spending $33 million to get rid of 800 non-endangered birds.
Costa Mesa motel residents sue over a law requiring them to move every 30 days.
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About Lawrence Person
Lawrence Person is a political commentator and science fiction writer living in Austin, Texas.
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