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| | '''California''', known as the Golden State, became the 31st state on September 9, 1850. It is located on the west coast of the [[United States]], by the [[Pacific Ocean]] and bordered by [[Oregon]], [[Nevada]] and [[Arizona]]. It is the largest state in population and the third largest state in area. Its governor is [[Arnold Schwarzenegger]]. | | '''California''', known as the Golden State, became the 31st state on September 9, 1850. It is located on the west coast of the [[United States]], by the [[Pacific Ocean]] and bordered by [[Oregon]], [[Nevada]] and [[Arizona]]. It is the largest state in population and the third largest state in area. Its governor is [[Arnold Schwarzenegger]]. |
| − | | + | ==Economy== |
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| | The economy has been badly battered by the [[Recession of 2008]], especially by the collapse of the state's housing bubble. Unemployment in Aug. 2009 reached 12.2%, the highest since 1940. Home building this year is less than a quarter of what it was in 2005, and 500,000 of the state’s job losses have been in construction, finance, real estate and industries related to construction. The state budget is in crisis, because it relied heavily on personal income taxes. The financial collapse greatly reduced personal wealth of rich Californians, and job losses related to the housing bust combined to sharply reduce that source of revenue. After bitter debate in the legislature a budget was passed in July 2009. It closed a roughly $24 billion two-year gap with extensive cuts to social services, parks and education, which in turn reduced consumer spending among laid off and furloughed government workers. | | The economy has been badly battered by the [[Recession of 2008]], especially by the collapse of the state's housing bubble. Unemployment in Aug. 2009 reached 12.2%, the highest since 1940. Home building this year is less than a quarter of what it was in 2005, and 500,000 of the state’s job losses have been in construction, finance, real estate and industries related to construction. The state budget is in crisis, because it relied heavily on personal income taxes. The financial collapse greatly reduced personal wealth of rich Californians, and job losses related to the housing bust combined to sharply reduce that source of revenue. After bitter debate in the legislature a budget was passed in July 2009. It closed a roughly $24 billion two-year gap with extensive cuts to social services, parks and education, which in turn reduced consumer spending among laid off and furloughed government workers. |
| | + | ==Another budget crisis== |
| | + | An ugly budget crisis in 2009 was resolved after months of squabbling, with budget cuts, accounting gimmicks, and new taxes. The legislature in 2009 cut billions from education, healthcare and social services while temporarily hiking income, sales and vehicle taxes. The 2010 budget deficit is projected at $21 billion which must be closed somehow. |
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| − | | + | Suggested solutions include raising tobacco taxes; cutting pensions for retired public workers; repealing corporate tax breaks passed in 2008 and 2009; revising the tax rules for commercial and residential property; reducing the 2/3 legislative vote needed to pass a budget; and strengthening the firewall that protects local government and transportation money from being raided by the state. "There's a lot of people putting chess pieces on the board right now," said Jon Coupal, president of the anti-tax Howard Jarvis Taxpayers Assn. "The question is which of those chess pieces will be moving."<ref> Shane Goldmacher, "California faces a projected deficit of $21 billion," [http://www.latimes.com/news/local/la-me-budget-deficit18-2009nov18,0,7647152.story ''LosAngeles Times'' Nov. 18, 2009]</ref> |
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| | *San Bernardino County is the largest county by area in the United States; [[Los Angeles]] is the largest by population. <ref>http://www.50states.com/facts/calif.htm</ref> | | *San Bernardino County is the largest county by area in the United States; [[Los Angeles]] is the largest by population. <ref>http://www.50states.com/facts/calif.htm</ref> |
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| − | *Since 2000, California has offered [[domestic partnership]]s, which are similiar to [[same sex marriage]].<ref>[http://www.answers.com/topic/domestic-partnership-in-the-united-states Answers.com]</ref> Same-sex marriage was briefly legal in 2008, but this ended when Proposition 8, a voter referendum to define marriage as only being between a man and woman, passed. | + | *Since 2000, California has offered [[domestic partnership]]s, which are similar to [[same sex marriage]].<ref>[http://www.answers.com/topic/domestic-partnership-in-the-united-states Answers.com]</ref> Same-sex marriage was briefly legal in 2008, but this ended when Proposition 8, a voter referendum to define marriage as only being between a man and woman, passed. |
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| | ==Politics== | | ==Politics== |