Feudal Future Podcast - Season 2

Feudal Future Podcast

Understanding California’s Recent Financial Deficit

Discover the unexpected fiscal twists and turns as California confronts its financial future, with insights from Steve Malanga of the Manhattan Institute and ex-Orange County Treasurer John Moorlach. As your guides, we, Marshall Toplansky and Joel Kotkin, promise to lead you through a landscape shaped by COVID-19 aftershocks, federal aid windfalls, and the intricate dance of managing state budgets and pension reforms. Prepare to be enlightened by our conversation on the surprising surpluses, the stark reality of tax collection downturns, and the resilience—or vulnerability—of California’s fiscal policies.

The Golden State’s pension reforms under Governor Jerry Brown mark a significant crossroads for new University of California faculty: a traditional defined benefit plan or a trailblazing defined contribution plan? We weigh the pros and cons, dissecting the allure of portability and flexibility against the backdrop of union resistance and entrenched preferences for traditional plans. With the Manhattan Institute’s research in hand, we scrutinize the true value of defined benefit plans, especially for educators prone to career shifts. Join us in this critical dialogue on the financial choices and challenges that will shape California’s trajectory for years to come.

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The Center for Demographics and Policy focuses on research and analysis of global, national, and regional demographic trends and explores policies that might produce favorable demographic results over time. It involves Chapman students in demographic research under the supervision of the Center’s senior staff.

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This show is presented by the Chapman Center for Demographics and Policy, which focuses on research and analysis of global, national and regional demographic trends and explores policies that might produce favorable demographic results over time.

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