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Keyword: cabudgetcrisis

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  • Is Perestroika Coming In California?

    06/12/2012 9:51:45 AM PDT · by tflabo · 13 replies
    Forbes ^ | 6.11.12 | Joel Kotkin
    When Jerry Brown was elected governor for a third time in 2010, there was widespread hope that he would repair the state’s crumbling and dysfunctional political edifice. But instead of becoming a Californian Mikhail Gorbachev, he has turned out to be something more resembling Konstantin Chernenko or Yuri Andropov, an aged hegemon desperately trying to save a dying system.
  • California budget cuts pound Sacramento-area economy

    07/05/2009 1:45:34 PM PDT · by tflabo · 42 replies · 1,306+ views
    Sac Bee ^ | Sunday, Jul. 5, 2009 - | By Dale Kasler and Darrell Smith
    Between furloughs and layoffs, the state's budget crisis could cost Sacramento's beleaguered economy more than a half-billion dollars in the next year. As the state began issuing IOUs last week to help pay its bills, the economic impact on Sacramento became depressingly clear: State government, which normally buffers the region against the harsh reality of recession, could actually prolong the downturn.
  • Budget crisis forces deep cuts at Calif. schools

    06/21/2009 8:18:07 PM PDT · by Kartographer · 14 replies · 1,080+ views
    AP/MyWay ^ | 6/21/09 | TERENCE CHEA
    The budget cuts will be especially painful for struggling schools such as Richmond High School, where more than half of its 1,700 students are English learners and three-quarters are considered poor. The East Bay area school has failed to meet academic standards set by the federal No Child Left Behind Act for more than four years.