Here are five things the state needs to do in coordination with the Federal Gov't in order to "save our state" and as we all know, where CA goes, so does the country...
1. Comprehensive tax reform--reduce the burden on production supply and output, for starters.
2. The federal and state budget deficits: a comprehensive, long term and credible plan to reign in deficits is critical to get people really investing in CA and the US.
3. H1-B visa/green card reform: we will be begging for immigrants as the boomers retire and the labor force is strained to support a large demographic suddenly "unproductive" and yet drawing considerable resources at an awkward time in our country's history. Japan and China have similar problems and they're serious. We need to be able to attract the best and brightest and while India and China churn out engineers by the hundreds of thousands, US students want to study Liberal Arts. So we have to go abroad to get key technical talent. It's an unfortunate reality.
4. Energy security for CA and the US are critical for a million obvious reasons ranging from climate change to basic economics and military security.
5. We need to stimulate business investment in the U.S. Let's give corporations a tax break, perhaps tied to investment, to repatriate the trillions of dollars they have in foreign accounts.
I could add reign in unions and entitlements but that one is so obvious it's barely worth posting...
My two cents...
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