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07-22-2016, 01:37 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
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'California Dreamin'
"Defying critics of the state’s new regulations, California continued to pad its hefty payrolls in June. Employers in the state added 40,300 jobs over the month, the state reported Friday.
But unemployment in the state increased to 5.4%, from 5.2% in May. The national unemployment rate also ticked up in June, rising to 4.9%, from 4.7% in May.
In the last 12 months, California added 461,100 jobs, growing at a rate of 2.9%, faster than the national rate of 1.7%.
A perennial target for critics, California’s economy has earned fresh criticism of late, thanks to the $15 minimum wage, new mandatory paid sick leave, and laws that increase liability for labor violations." LA Times
http://www.latimes.com/business/la-f...nap-story.html
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07-22-2016, 01:48 PM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
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Quote:
A perennial target for critics, California’s economy has earned fresh criticism of late, thanks to the $15 minimum wage, new mandatory paid sick leave, and laws that increase liability for labor violations.
The U.S. Chamber of Commerce said in a report this month that those policies were costing California its long-held economic advantage over the rest of country.
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Yes, all these things are deserving of harsh criticism. Nice job, LA Times. The check is in the mail.
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07-22-2016, 08:06 PM
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Quote:
Originally Posted by Boreas
Yes, all these things are deserving of harsh criticism. Nice job, LA Times. The check is in the mail.
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Huh? Did you read the link? They were being critical of critics like the Chamber of Commerce.
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I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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07-22-2016, 08:11 PM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
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I read it. I see no counter argument or criticism of the US Chambers criticism, only that California's short tern trends don't support the Chamber's long term predictions.
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Smoke me a kipper. I'll be back for breakfast.
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07-22-2016, 08:26 PM
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Admin
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Join Date: Dec 2011
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Quote:
Originally Posted by Boreas
I read it. I see no counter argument or criticism of the US Chambers criticism, only that California's short tern trends don't support the Chamber's long term predictions.
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Other than letting the numbers speak for themselves?
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I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
Last edited by bobabode; 07-22-2016 at 08:29 PM.
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07-22-2016, 10:10 PM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
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Quote:
Originally Posted by bobabode
Other than letting the numbers speak for themselves?
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Short term results don't confirm long term predictions.
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Smoke me a kipper. I'll be back for breakfast.
Last edited by Boreas; 07-22-2016 at 10:15 PM.
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07-22-2016, 10:13 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
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Quote:
Originally Posted by Boreas
Short tern results don't invalidate long term predictions.
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Whadda you have against seabirds?
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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07-22-2016, 10:15 PM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by bobabode
Whadda you have against seabirds?
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It's just the short ones I don't like.
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Smoke me a kipper. I'll be back for breakfast.
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07-22-2016, 10:17 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
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Quote:
Originally Posted by Boreas
It's just the short ones I don't like.
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Heightist.
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I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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07-23-2016, 07:04 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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It is well known that the Chamber of Commerce is for the wealthy and dead set against the rest of the populace.
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