Browsing Category : Economy

“With the Governor’s signature on SB 3 today, California strikes a serious blow to income inequality. This new law lifts families and strengthens our communities. The statement California made today will echo throughout the country. By boosting 6 million workers across the state, we’re saying that all work is valued and all working people have value. No matter your job,…

Today, Governor Brown, Legislative leaders and the Labor movement made history by announcing a policy that would raise the wages of underpaid Californians to $15 per hour by 2022. More than one in three California workers, or nearly 6 million Californians, will receive a raise under this policy. Combined with workers who are already on a path to $15 because of…

To turn a catch phrase on its head — San Jose does not have a spending problem; it has a revenue problem.  The City has a structural deficit because revenues are insufficient to pay for essential services.  That structural deficit predates the catastrophic losses to the City’s two pension funds, and without more revenue it will continue, despite the fact…

Former San Jose Mayor Chuck Reed has finally made a decision we can stand behind: he has withdrawn his floundering measure that attacks the retirement security of public workers in California.  Polls recently conducted showed waning support for the measure, making it impossible for Reed to drum up the $3 million dollars in financial support he needed to get the…