Brian Nguyen / bnguyen@sacbee.com

GOP gubernatorial candidate Neel Kashkari called for job creation after posing as a homeless man in Fresno. Gov. Jerry Brown says income inequality hinders the economy.

More Information

  • Bill Watch

    Veterans from across the country could pay California prices for college under a newly amended bill that would conform state law to a federal change in tuition rules. Legislation signed by President Barack Obama on Thursday requires all public universities to grant in-state tuition to recipients of GI Bill benefits. Schools that don’t comply with the change would lose federal funding. To avoid that scenario, AB 13 by Assemblyman Rocky Chávez would require state higher-education systems to grant veterans in-state tuition.

    Jeremy White

The Buzz: Gov. Brown says income disparity hurts economy

Published: Friday, Aug. 8, 2014 - 2:36 pm

Brown says income disparity hurts economy

Last week it was Neel Kashkari, the Republican candidate for governor, emerging from a week posing as a homeless man in Fresno to highlight shortcomings of the economy in California.

He was unable, he said, to find a job – evidence that the Democrats who run the state are aren’t creating enough work.

A counterpoint of sorts arrived Wednesday, in a speech in which Gov. Jerry Brown lamented “incredible” income inequality in California. He cited a report by the Wall Street credit rating agency Standard & Poor’s that found increasing income inequality has held back the country’s economic growth.

“If the consumers are up to their eyeballs in debt, aren’t making a decent salary, how the heck are they going to buy anything?” Brown told the California School Employees Association. “And if they don’t buy anything, the economy doesn’t go forward and doesn’t work.”

The report, Brown suggested, was an affirmation of liberal policies championed by Democrats.

“Now we have official approval of progressive, more egalitarian politics coming right out of Wall Street,” he said.

David Siders

Worth repeating

“If all your news came from press releases issued by House Republicans, you would never know that the president has ended two wars.”

SEN. BARBARA BOXER, in an op-ed slamming GOP colleagues as Congress left town for a break.



LATEST BEE POLITICAL VIDEOS
Sacramento Bee Job listing powered by Careerbuilder.com
Quick Job Search
Sacramento Bee Jobs »
Buy
Used Cars
Dealer and private-party ads
Make:

Model:

Price Range:
to
Search within:
miles of ZIP

Advanced Search | 1982 & Older

TODAY'S CIRCULARS