California Governor Gavin Newsom announced his so-called economic plan. In truth, it’s not an economic plan. Rather it’s a political recovery plan for him as he faces a Recall election this Fall. Meanwhile, his policies continue to hammer California’s job markets. Despite having the most natural resources of any state, California continues to have one of the highest unemployment rates in the country. During the pandemic, California Governor Gavin Newsom ordered the strictest lockdown regulations in the country. Predictably, California’s small businesses were hit hard and employers throughout the state had to shut down. Estimates have been that in excess of half the restaurants in the state would never reopen post-pandemic. Of course, that industry is dominated by workers making less than $40,000 a year—the people who need the economy to rebound the most. It has become a national story that the size and frequency of government assistance to workers …
Newsom’s Double Whammy to California: Drought Declaration & Incentives Not to Work
May 12, 2021
admin
0 Comment