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Closing the gap between the Tri-Counties’ haves and have nots

By   /  Friday, March 29th, 2013  /  Columns, Opinion  /  Comments Off on Closing the gap between the Tri-Counties’ haves and have nots

How choppy and tough is the recovery in our region? Recent unemployment data from Santa Barbara County underscored the “haves and have nots” phenomenon that underpins a society that is segregated into tourism centers with uber-rich residents and agricultural cities where the poor people who service the tourists and the rich folks reside. Consider that Read More →

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Powell urges sequester compromise at speech in SB

By   /  Friday, March 1st, 2013  /  Latest news, Tri-County Economy  /  Comments Off on Powell urges sequester compromise at speech in SB

Saying that “you couldn’t run a 7-11 the way we are running the country,” former Secretary of State Colin Powell urged the White House and Congress to work together to end the budget cuts set to kick in at midnight on March 1. Speaking at Westmont College’s annual President’s Breakfast in Santa Barbara on Friday Read More →

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Defense leaders: Sequestration would be felt throughout region

By   /  Friday, March 1st, 2013  /  Top Stories, Tri-County Economy  /  Comments Off on Defense leaders: Sequestration would be felt throughout region

Potential furloughs, hiring freezes and other spending cutbacks to the region’s defense institutions could send an economic ripple effect through the Tri-Counties, according to economists and industry leaders. The 2011 Budget Control Act aims to reduce the government’s deficit and will trigger $85 billion budget-wide spending cuts on March 1. The federal spending cuts, also Read More →

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Editorial: California’s budget worries are far from over

By   /  Friday, February 22nd, 2013  /  Editorials, Opinion  /  Comments Off on Editorial: California’s budget worries are far from over

Evidence abounds that California is less than half way through the process of grinding toward a budget fix.

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Editorial: Santa Barbara grant plan conflicts city’s priorities

By   /  Friday, October 12th, 2012  /  Editorials, Opinion  /  Comments Off on Editorial: Santa Barbara grant plan conflicts city’s priorities

Last week we wrote about the gaping donut hole in Santa Barbara County when it comes to funding for economic development.

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Stability fund could pave way for California out of budget hole

By   /  Friday, September 7th, 2012  /  Columns, Opinion  /  Comments Off on Stability fund could pave way for California out of budget hole

A stability fund should be put into place to hold and recycle windfall IPO tax revenue.

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Editorial: Gov. Brown’s pension moves don’t go far enough

By   /  Friday, September 7th, 2012  /  Editorials, Opinion  /  Comments Off on Editorial: Gov. Brown’s pension moves don’t go far enough

The reforms themselves won’t fix California’s deep pension woes.