Tag Archive for: politics

California Jobs: A Multi-Dimensional Problem

“From the Beginning, California promised much. While yet barely a name on the map, it entered American awareness as a symbol of renewal. It was a final frontier: of geography and of expectation.”
— Kevin Starr, “Americans and the California Dream, 1850-1915” (1973)

On the surface, California’s job story seems positive. The “headline” unemployment number for December 2022 is low (4.1%). Payroll jobs continue to bounce back to close to pre-pandemic levels. https://edd.ca.gov/en/about_edd/news_releases_and_announcements/unemployment-november-2022/. As Mad Magazine’s Alfred E. Newman would say, “What? Me worry?”

But a closer look at the longer-term, 20-year statistics shows a state with some very worrisome issues related to jobs, some of which are unique to California’s set of past policy choices. Read more

How America’s ‘Big Sort’ Will Upend Politics

The world may not be turning upside down, but it’s certainly tilting. In the long shadow of the pandemic, with war on the European continent and the West and China entering a new cold war, the “new economy” of bits and bytes that was supposed to connect and shape the world has hit a rough patch. Meanwhile, the much disdained “old” economy of manufacturing, agriculture and energy is thriving.

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California’s Budget Surplus Has Vanished; Its Economy Faces a Harsh Reality

The much-celebrated California boom is facing a harsh reality.

Everything was looking good, based on enormous growth in capital gains in tech stocks and property, and some in Sacramento assumed the bounty would last — until it didn’t. The latest bad news is the evaporation of the state budget surplus that is now rapidly turning into a deficit that could run as high as $22 billion to $40 billion, particularly if there’s a recession. Read more

North America Has An Opportunity to Lead the World

For generations, pundits the world over have insisted that the future will be forged elsewhere — Europe for some, Japan for others and, more recently, China. Yet, in reality, the United States and Canada may well be best positioned for a changing world, if our leaders can leverage our natural advantages.

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Normalizing Jew-Hatred

The worst thing about the aftermath of Donald Trump’s repast last month with two open anti-Semites—Kanye West and Nick Fuentes—was not the predictable liberal outrage and conservative cowardice, but how the incident has been accepted as part of normal discourse.

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The Midterm Elections Reaffirm the American Order

By: Walter Russell Mead

On: Wall Street Journal

The midterm elections disappointed Republicans, diminished Donald Trump, and left Democrats with a grateful sense that an electoral catastrophe was narrowly averted. Perhaps more important, the elections reminded the world that, for all its troubles, the U.S. remains a deeply stable society whose fundamental institutions continue to command the respect of its citizens. Read more

West Coast Blues

Few regions have been more consistently Democratic than the West Coast. Even compared with the Northeast, where Republicans occasionally win governors’ offices, the appropriately named “left coast” has been adamantine in its progressivism. Republicans haven’t won statewide office in California in years; in Oregon, it’s decades. Washington has elected a Republican secretary of state, but she now serves in the Biden administration. And the region’s major cities are overwhelmingly blue.

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Dark Money: Secret Donors Pump Billions into US Election Ads

By: Ashleigh Banfield, Liz Jassin
On: NewsNation

More than $1.6 billion have been spent on Senate race TV advertisements, and most of that money is coming from “dark money” sources, according to TV ad spending.

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Environmentalism is a Fundamentalist Religion

Today’s climate activists resemble nothing so much as a religious movement, with carbon the new devil’s spawn. The green movement is increasingly wedded to a kind of carbon fundamentalism that is not only not realistic but will reduce living standards in the West and around the world. And as with other kinds of religious fundamentalism, the climate hysteria is often overwrought and obviously so; a decade ago, the same activists predicted a planetary disaster by 2020 if the U.S. and China did not reduce their emissions by 80 percent—which of course never happened.

This approach is a losing one that reduces the effectiveness of the green lobby. What’s needed to combat climate change is a pragmatic approach based on adapting to real and verifiable dangers. And this starts with environmentalists acknowledging the limits of our ability to curb emissions in the short run.

This is not to cede the fight. The reality is what we do in the West means increasingly little. Today’s biggest emitters comes from China, which already emits more GHG than the U.S. and the EU combined, while the fast growth in emissions comes increasingly from developing countries like India, now the world’s third largest emitter. These countries have developed a habit of blaming climate change on the West, then openly seeking to exempt themselves from net zero and other green goals. And the West’s penchant for hyper-focusing on our own state or national emissions misses the reality of where the future problems are actually concentrated.

We aren’t just missing the forest for the trees, though. Under the green lobby’s current policies, our “war” against climate change is doomed to make things worse for most people, creating what economist Isabel Schnabel calls “greenflation.” Higher prices for energy and food, worsened further by the war in Ukraine, are already are forcing countries to adopt massive subsidies for food and gas. In the developing world, billions now face immiseration, malnutrition or starvation. And green targets of zero emissions only make this situation worse.

Residents of rich countries will also suffer from the rapid adoption of current green policies that are focused almost entirely on wind and solar. Germany, for example, suffered the highest electricity prices in the world before Russia’s war in Ukraine. In California, residents pay up to 80 percent above the national average for power. Reliance on wind power has made even Texas’ grid vulnerable.

The real winners from green policies are not the birds and the bees but tech oligarchs, the uncompetitive U.S. auto industry, and Wall Street.

Given our limited ability to meaningfully reduce emissions, more attention should be placed on adapting, something we’re actually good at. Since the beginning of the modern era, technology and science have been employed successfully to changes in temperature and precipitation. In the 1700s, people dealt with a colder climate by planting potatoes, which thrive in cooler weather. They also learned to use waterpower, wind and most critically fossil fuels, which made life bearable in the icy cities of the north and, later, with air conditioning, in the brutally hot south.

Read the rest of this piece at Newsweek.


Joel Kotkin is the author of The Coming of Neo-Feudalism: A Warning to the Global Middle Class. He is the Roger Hobbs Presidential Fellow in Urban Futures at Chapman University and Executive Director for Urban Reform Institute. Learn more at joelkotkin.com and follow him on Twitter @joelkotkin.

Photo: Stefan Müller via Flickr under CC 2.0 License.

The Fall of Los Angeles

For much of the 20th century, Los Angeles symbolised the future. Over the course of the century, the population grew 40-fold to nearly four million people.

But now, for the first time in its history, the population of Los Angeles is in decline, falling by 204,000 between July 2020 and July 2021. LA was once a magnet for investors. But recently many of the area’s corporate linchpins – including aerospace giant Northrop Grumman, Occidental Petroleum and Hilton Hotels – have left, taking with them high-paying jobs and philanthropic resources. Read more