Marc Joffe
Visiting Fellow at California Policy Center
Policy Analyst at the Cato Institute focusing on fiscal sustainability and transparency. Happily married for 17 years and counting!
Articles
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1 week ago |
ocregister.com | Marc Joffe
California is the prime battleground between transportation innovation and legacy mass transit. While Silicon Valley is rolling out driverless taxis and testing flying cars, urbanists and transit unions are seeking more taxpayer funding to buttress money-losing train and bus systems around the state. If history is any guide, the new transportation technologies will ultimately replace the older ones, but billions of taxpayer dollars will be lit up in the process.
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3 weeks ago |
mercurynews.com | Marc Joffe
Recently, Netflix emailed me and other subscribers to notify us of a price “update.” Besides not welcoming the need to pay Netflix an extra $30 each year, I was annoyed that the company used intentionally ambiguous language to describe their rate increase.
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1 month ago |
ocregister.com | Marc Joffe
Efforts to defang the California Coastal Commission could have a significant impact on Southern California’s quest for water security and fire safety. The Commission has been a barrier to constructing large-scale desalination plants that have freed Israel, the United Arab Emirates, and other arid coastal places from water shortages. Trump Administration Special Envoy Richard Grenell has suggested conditioning federal disaster aid to California on the state killing the Commission.
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1 month ago |
theepochtimes.com | Marc Joffe
CommentaryCongressional Republicans are searching for spending cuts to comply with their new budget blueprint, and California’s Medi-Cal program is a target. There is little doubt that the federal government can reduce its support for the state’s version of Medicaid without jeopardizing essential health care for poor Americans living in California.
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1 month ago |
marinij.com | Marc Joffe
After an extended period of calm, fiscal distress is returning to California cities. Los Angeles, San Diego, San Francisco and Oakland are all grappling with large budget deficits. In Oakland, the situation became so bad in late 2024 that staff publicly contemplated the “zero option”: a Chapter 9 bankruptcy filing.
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It's odd that California State revenues have been strong this fiscal year despite signs of economic weakness, such as high unemployment and the film industry malaise. https://t.co/HCyGYUBqCe
In downtown San Francisco, 199 Fremont just changed hands for $111 million, about 59% below its 2020 selling price. That represents a big loss for CalSTRS which had a stake in the building but at least the downtown office is finding a bottom. https://t.co/2HADPMXlZd
At $1.1 billion, the new legislative office building in Sacramento, is only half as expensive as the mostly empty Salesforce Transit Center in San Francisco.
Sacramento will soon be home to one of the most expensive buildings in the United States. Even though litigation against the project ended six months ago, California's Legislature is still not ready to talk about it. https://t.co/Ew15nCakOv