Governor Gavin Newsom initially warned of a projected $66 Billion 2023-2024 California State Budget Deficit for the $297 billion Budget which amounts to $20,000 for each citizen. The estimated deficit is expected to be at least $25 billion after some budget adjustments. There is an additional unknown deficit for unfunded State and Municipal liabilities such Full Article…
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Spending Matters In Times of Inflation and High Debt
If inflation ever gets out of control, it’s easier to deal with it in a lower-debt environment. High levels of debt are problematic. Growing debt means growing spending, along with the government expanding in size and scope. Generally, such spending crowds out the private sector. This dispels the hope that more spending will produce economic Full Article…
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American Unions in Government
Most Federal, State and Local Government Employees work under some form of Civil Service Agreement that gives them a high-degree of job security (as long as they pass tests and follow rules). However, Government Unions are becoming more prominent to negotiate wages and work rules with Governments on behalf of their Membership (Collective Bargaining). The Full Article…
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American Civil Service In Government
American Federal, State and Local Civil Service was established to incentivize hiring employees paid by taxpayers, usually at a lower than market rate, after they passed an entrance examination with the expectation to be vested in their position after a probationary period. After vesting, government employees have legal assurance they may keep their job as Full Article…
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