Oil refinery Valero has opted to close its operations in California due to excessive regulations on energy. Located in the small city of Benicia, the town is expected to lose 400 jobs, which the mayor is calling the exit “a major hit on the city.” Everyone in California is feeling the impact of Newsom’s war […]
Retailers are fleeing California as a direct result of blue policies that have nearly permitted shoplifting. The iconic Saks Fifth Avenue store in Union Square in San Francisco announced it is shifting to an appointment-only model, which is also in place at its Napa and Palo Alto locations. Others in San Francisco, like Bloomingdale, Michael […]
California recently surpassed Japan to become the World’s fourth-largest economy behind the United States, China, and Germany. The International Monetary Fund believes California’s nominal GDP is $4.1 trillion, surpassing Japan’s $4.01 trillion. While many businesses have fled California due to excessive taxation and regulation, it remains the home of 57 Fortune 500 companies, which is […]
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/PublicSectorEmployee.Homelessness.mp4 California’s homeless crisis presents the public sector with a valuable political opportunity to expand its resources. The state and cities continually increase spending to combat the homeless epidemic without producing any results. Funding vanishes into the coffers of the public sector, with the number of people on the streets continuing to rise. Continuing their […]
California has the largest deficit in the nation under FAILED Governor Gavin Newsom. California Legislature’s budget set the figure at $46.8 billion, while the Legislative Analyst’s Office (LAO) believes the deficit is an astounding $68 billion. State revenue is on the decline. Businesses and citizens alike have fled Newsom’s oppressive taxes. The government continues to […]
The California Department of Social Services admits it has lost $439 million in stolen Electronic Benefit Transfer (EBT) benefits since 2021. The program noticed a $100,000 monthly loss halfway through 2021, but did nothing. Now, the state is losing $10 million each month due to EBT theft. The Department of Social Services is still investigating […]
Los Angeles Fire Chief Kristin Crowley is yet another example of disastrous DEI policies. The city cheered Crowley as the first LGBTQ member to hold the post and it appears Crowley was focusing more on the woke agenda than important matters like refilling the water reservoirs. “As the fire chief, if confirmed, I vow to […]
The Legislative Analyst Office (LAO) found that California is facing “double-digit operating deficits in the years to come” as a result of reckless government spending. For the 2025-26 period, the LOA believes the state may have a balanced budget but called Newsom’s spending and policies highly unpredictable. For now, the state has seen $11 billion […]
Gavin Newsom is unfit to run the state of California. The fire that has consumed tens of thousands of acres at the time of this writing could have been controlled had he not ignored warnings. The devastation of these fires will be felt for years to come as the death toll rises and over 100,000 […]
Gavin Newsom has declared a state of emergency over the bird flu. Of the 34 reported cases, 33 were working directly in farms. There is no grave danger to the public at large. This publicity stunt is merely a way for Newsom to have more power over his state ahead of Trump’s inauguration. Newsom enjoyed […]
