{"id":62967,"date":"2018-04-13T05:18:23","date_gmt":"2018-04-13T05:18:23","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=62967"},"modified":"2018-04-13T05:18:23","modified_gmt":"2018-04-13T05:18:23","slug":"california-today-could-the-state-weather-a-recession","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/news\/california-today-could-the-state-weather-a-recession.html","title":{"rendered":"California Today: Could the State Weather a Recession"},"content":{"rendered":"<h2 style=\"text-align: justify\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 18pt;color: #000000\">California Today: Could the State Weather a Recession?<\/span><\/strong><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">John Chiang, the state treasurer of California, is a Democrat running to succeed Gov. Jerry Brown. California Today is conducting occasional question-and-answer sessions with candidates for office, and today is Mr. Chiang\u2019s day at the plate. The interview, edited and condensed for clarity, was done for our story on the race.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Q. What do you think of how Governor Brown has done?<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A. Jerry and I are aligned on making sure our fiscal house is in order. We don\u2019t want to be a poor state. We don\u2019t want to be broke \u2014 cutting health care, giving pink slips.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Q. How big a problem is homelessness in this state?<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A. There are tens of thousands of homeless Californians. Do we take care of the vulnerable who live in the wealthiest state? To leave people in harm\u2019s way is not acceptable. That is why I have tried to shore up the state\u2019s financial position so we have the resources to take care of California\u2019s homeless. The state has to partner with local governments \u2014 which I would hope to do as governor.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Q. What do you see as the biggest problems facing California?<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A. Education is my top priority. You can\u2019t have the disparate outcomes that you have. This needs to be a state where every child \u2014 regardless of background, heritage \u2014 gets access to a world-class education.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Q. Are you worried the state is heading into a recession?<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A. People are very concerned about where we are in the economic cycle. They are very concerned about President Trump. If you look at the historical pattern, you know at some point we are going to face a recession.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Q. Is California ready for one?<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A. The governor has been very prudent on the rainy day fund. But we are not fully prepared for a recession. We\u2019re not fully out of debt. One of the things that I\u2019ve been pushing is, let\u2019s make sure that we start paying everything in full. Look at how some of the other candidates and their cities have done, and their credit ratings.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">California Online<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">(Please note: We regularly highlight articles on news sites that have limited access for nonsubscribers.)<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Gov. Jerry Brown announced on Wednesday he would agree to President Trump\u2019s request to expand California\u2019s National Guard presence on the state\u2019s border with Mexico, but said the members would be deployed to combat \u201ctransnational crime,\u201d not enforce federal immigration laws. [The Los Angeles Times]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Representative Kevin McCarthy, the majority leader in the United States House, is widely expected to mount a bid to succeed Speaker Paul Ryan, who has announced his plans to retire. [The New York Times]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">When it comes to regulating Facebook, Congress is in over its head. But does that matter? [The New York Times]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Facebook\u2019s chief executive, Mark Zuckerberg, was often unable to answer questions during two days of congressional hearings in Washington, promising that \u201cmy team will get back to you.\u201d Here is a list of those follow-ups he promised. [The New York Times]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A California woman won a lawsuit against her ex-boyfriend, who published sexual images of her in an effort to make her \u201cso miserable she would want to kill herself.\u201d [The New York Times]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">White students dressed as gang members, including one in blackface, at California Polytechnic State University, prompting campus protests. [The New York Times]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Lacking solutions to shelter displaced homeless people, Orange County has asked the military if it can use its armories. [The Orange County Register]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Officials in L.A. are interested in building backyard housing units for the homeless. [The Los Angeles Times]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The Los Angeles City Council voted to move forward with a long-awaited project connecting LAX to the county\u2019s mass transit system. Service is projected to begin in March 2023. [The Los Angeles Times]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">A study by the Brookings Institution found that California would be disproportionately hit by retaliatory Chinese tariffs. [The Sacramento Bee]<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">And Finally &#8230;<\/span><br \/>\n<span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The imminent closing of Virginia Bakery, an East Bay store beloved for its cakes and sweets, has been met with an outpouring of tributes from people who swear by its treats, some of whom have shopped there for decades.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">\u201cWe will miss you, but it\u2019s time to retire. We hope to see you sometime before we close,\u201d the bakery\u2019s owners, John and Anne Erdmann, wrote in a short post on Facebook on Monday. A small sign in the shop, in pink type, bade adieu to its customers. \u201cIt has been an honor and a privilege to be part of your family celebrations.\u201d The Erdmann family, which has run the bakery for 65 years, said it would close April 28.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">News of the closing has spread widely, and the bakery has seen a run on its products since the announcement. \u201cIt\u2019s bittersweet, you know,\u201d Ms. Erdmann told ABC 7. \u201cWe\u2019re doing what\u2019s right for ourselves and our family but we also realize that we have a big Virginia Bakery family.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The bakery\u2019s Facebook page has transformed into something of a memorial.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">\u201cTragic!\u201d Harris Brody wrote. \u201cMy parents brought me and my brothers all the time as kids and now we bring our kids. So many fond memories. Enjoy retirement but know that you will be incredibly missed.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">\u201cThank you for all the beautiful birthday cakes since my first child as born on 1975, topped by my daughter\u2019s wedding cake six years ago,\u201d Heidi Sanders wrote. \u201cWe will miss your love, friendship and your shop that makes Berkeley a better place.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">California Today goes live at 6 a.m. Pacific time weekdays. Tell us what you want to see<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">California Today is edited by Julie Bloom, who grew up in Los Angeles and graduated from U.C. Berkeley.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 8pt;color: #000000\">Source:-https:\/\/www.nytimes.com\/2018\/04\/12\/us\/california-today-john-chiang-governor-homeless.html<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/news\/california-today-could-the-state-weather-a-recession.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>California Today: Could the State Weather a Recession? John Chiang, the state treasurer of California, is a Democrat running to succeed Gov. Jerry Brown. California Today is conducting occasional question-and-answer sessions with candidates for office, and today is Mr. Chiang\u2019s day at the plate. The interview, edited and condensed for [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":62968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[130925,79821,9292,127003,3442,124817],"class_list":["post-62967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-california-today-could-the-state-weather-a-recession","tag-latest-news-headlines","tag-latest-us-news","tag-today-latest-news","tag-usa-breaking-news","tag-usa-today-news"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/62967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=62967"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/62967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/62968"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=62967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=62967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=62967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}