Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - This is because the increased public spending may be less likely to displace private sector spending due to the amount of slack in the economy. For example, state projects are less likely to be competing with priv ate businesses for goods and services that are in limited supply.
https://lao.ca.gov/Publications/Report/4331

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943