REPORT FROM CALIFORNIA: REGIONS TAKE CENTER STAGE AT THE ECONOMIC SUMMIT • (Citiwire - May 3, 2012)
As Mark Twain once said “the reports of my death are greatly exaggerated.” With unemployment soaring to over 12 percent and a loss of over 1 million jobs during the Great Recession contributing to a 20 billion dollar state budget deficit, many commentators have remarked that California’s better days are over. From the perspective of Sacramento and Washington, it would be fair to say that California has its share of fiscal problems and governance challenges to overcome.. . . (read more)
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