California Governor Gavin Newsom traveled to China and had a busy week of meetings and visits to picturesque places. The full show includes an interview with Newsom. Newsom announced the next phase of the state's 'Cradle to Career' system, which tracks residents from 'cradle to career' using over 1 billion data points. He also signed SB 525, which will raise the minimum wage for healthcare workers to $25 an hour, costing $4 billion in the first year. CalPERS, California's top public pension system, plans to double its climate-focused investments to $100 billion by 2030 and consider selling stocks.
Pt. 3 This is why I wrote “As Goes California—My Mission To Rescue The Golden State And Save The Nation.” Newsom, who signed SB 525 with a cost of $4Bil in just the 1st yr, has turned a $100Billion budget surplus into a $30Billion budget deficit. Order: https://t.co/QsfzaOYFWV
Pt 2 Healthcare min. wage to cost $4Bil in 1st yr as Calif. budget deficit looms “…Newsom signed SB 525—giving medical workers at least $25 an hr, including support staff such as cleaners and security guards — (the) price tag: $4Bil in 2024-25 alone.” https://t.co/kchvLt6Z9z
This is why I wrote “As Goes Calif.…” Calif. to track residents from 'cradle to career' after China trip “…Newsom announced the next phase of the state's ‘Cradle to Career’ system that uses more than 1Bil data pts…” https://t.co/LJb1bysNv6 Order: https://t.co/QsfzaOZdMt
🤦♀️🤦♀️When losing money for pensioners...double down? CalPERS to double climate investments, consider asset sales California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in… https://t.co/CuxpmqftzA
California officials seem to delight in how much money they "invest" in different priorities, without worrying too much about outcomes. https://t.co/R2x9X635NJ
California Governor Wants To Spend $640,000 Each For 10,000 Mental Health Beds https://t.co/hIvKwpUHmG
.@TheIssueIsShow travels to China w @GavinNewsom. A whirlwind week of meetings & visits to some of the most picturesque places on the planet. Here's my best effort to summarize what it was like. Watch the full show to see our sit down w @CAgovernor: https://t.co/QMl6tQvOmS https://t.co/kFgxrfDT8v