As the nonstop TV commercials have made clear, the U.S. Census Bureau really hopes you've sent back your questionnaire by now. But in reality, we don't have to wait for the census results to get a basic picture of America's demographic future. The operative word is "more": by 2050, about 100 million more people will inhabit this vast country, bringing the total U.S. population to more than 400 million. read more »
The Obama Administration has recently been shining a spotlight on the need to eliminate barriers to telework and its growth. Now Congress has legislation before it that would abolish one of telework's greatest obstacles, the risk of double taxation Americans face if they telecommute across state lines. The Telecommuter Tax Fairness Act (H.R. 2600)would remove the double tax risk.
H.R. 2600 can and should be enacted as a stand-alone measure. However, Washington is also currently developing or considering a variety of other legislative packages, any one of which would be significantly strengthened if the provisions of H.R. 2600 were added to it. These packages include energy/climate legislation (expected to be unveiled later this month), transportation legislation and small business legislation. Each of these packages, we have been told, would double as a jobs bill. read more »
So if we are in a new war -- this one for business and job growth -- what role does local government play?
It would be a mistake to over-emphasize the role of government, especially at the local level. Despite the claims of politicians from both parties about how many jobs their policies "created," governments don't create jobs, at least not in the private sector. Ventura, for example, is estimated to generate about seven to eight billion dollars in annual economic activity. The sales and profitability of thousands of individual businesses are only marginally impacted by what goes on at City Hall, no matter what cheerleaders or critics might claim. read more »
At the beginning of every war, generals always try to fight the last one. Experienced professionals are often the last to realize the times and terrain have changed.
Since the passage of Proposition 13 — the 1978 'taxpayer revolt' against California property taxes — most California cities have focused on generating sales tax. Property tax, which had been the traditional backbone of local revenue, was slashed by 60%, sparking an intense Darwinian struggle between cities for sales tax market share. During the nineties, the cities along the 101 Corridor in Ventura County competed intensely in the “mall wars” over which cities would get auto dealers and major retailers. The City of Ventura read more »
In 2003 our family relocated to Folsom, California from Carson City, Nevada, after my father-in-law was diagnosed with Parkinson’s disease, to help with his care. In many ways the transition felt like an immersion into what Joel Kotkin calls the “city of aspiration.” Folsom, a Sacramento region suburb of 50,000, was notable for its robust economy, impressive K-12 schools, world-class bike paths, and low crime. It offered a favorable environment for families and upwardly mobile professionals.
Seven years later, the landscape has certainly changed. My father-in-law has passed on, and California's high cost of living continues to have a profound impact on our personal finances. This scenario, coupled with the currently dire economic picture, gave my wife and I pause to again rethink our future path. After many long nights of thoughtful dialogue, we came to the realization that it was time to break ties with the Golden State. In early summer, Denver will become our next home.
This pending relocation offers our family an opportunity to embrace what I call “the geography of place”— the merging of what one wants to do with where read more »
One of the least anticipated developments in the nation’s 21st-century geography will be the resurgence of the American Heartland, often dismissed by coastal dwellers as “flyover country.”
Yet in the coming 40 years, as America’s population reaches 400 million, the American Heartland particularly the vast region between the Rocky Mountains and the Mississippi will gain in importance. read more »
History imparts labels on moments of great significance; The Civil War, The Great Depression, World War II. We are entering such an epoch. The coming transformation of America and the world may be known as The Great Deconstruction. Credit restrictions will force spending cuts and a re-prioritization of interests. Our world will be dramatically changed. There will be winners and losers. This series will explore the winners and losers of The Great Deconstruction.
The phrase, The Great Depression, was coined by British economist Lionel Robbins in a 1934 book of the same name. read more »
Health care lays behind him, financial reform and climate change ahead, but for President Barack Obama--and his opponents--there is only one real issue: jobs. The recent employment reports signal some small gains, yet the widespread prognosis for a slow, near-jobless recovery threatens the president and his party more than any major domestic challenge. read more »
In Washington on Sunday, the tens of thousands of demonstrators demanding immigration reform looked like the opening round of the last thing the country needs now: another big debate on a divisive issue.
Yet Congress seems ready to take on immigration, which has been dividing Americans since the republic was founded.
But identifying immigrants as a “them,” as both their advocates and nativists do, misses the point. Immigrants — and their children — are the people who will help define the future “us.” They are also critical to the revival of the U.S. economy. read more »
After the release of the 2009 fourth-quarter GDP estimate, some forecasters are now predicting a rapid recovery in 2010. Certainly, the fourth-quarter growth rate was impressive, particularly following the modest pickup reflected in the third-quarter results and the terrible results of the previous several quarters. Implicitly, these optimistic forecasts are based on the assumption that the United States economy has been fundamentally unchanged by the recession. read more »