Lenny Goldberg Economic Quotations

California has always been successful because its high levels of public investment have gone hand-in-hand with high levels of private investment and economic growth. We're never going to be a low-wage, low-cost state. So we need to be a high-productivity state, and that involves substantial investments in education and infrastructure.

Various companies have sought refundable credits, and those have been rejected as essentially corporate welfare or handouts based not on economics but solely based on special pleadings.