California economy surges, but future cloudy | Dan Walters
DAN WALTERS: Although 2022 was a strong year for California’s economy, with impressive job growth, the state’s economic future has become cloudy.
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DAN WALTERS: Although 2022 was a strong year for California’s economy, with impressive job growth, the state’s economic future has become cloudy.
No one seems to know whether the good times will continue or the state will experience one of its periodic recessions, which tend to hit about once a decade.
SAN JOSE, Calif. -- Bay Area tech and biotech companies have recently revealed plans to chop thousands of jobs, layoffs that raise the specter of a downturn in the region's broader economy.
A statewide ballot measure, headed by a startup investor and former Google executive, would tax California’s richest residents to pay for public health initiatives to prevent future pandemics.
Californians this year will decide on a slew of health care initiatives and taxes; one would tax the wealthiest to fund public health initiatives.