The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
As long as this vicious cycle is in place, unions will continue to receive favorable legislation which rewards a few while harming many.
It does not take an economist to explain how union and bureaucrat-backed pension plans are killing California.
In a previous blog post we noted that public-sector unions impose higher labor costs, increase public debt, and lower the state’s management quality. The end result of the growth of public sector unions can be seen in California. A member of California’s Service Employees International Union (SEIU) was recorded saying “We helped to get you...