The Center for Economic Research & Forecasting

The Cal Lutheran team is one of California's best — which of course often means being willing to share bad news as well as good. Their presentation skills are exceeded only by the accuracy of their forecasting.

– Joel Kotkin, author, speaker and futurist

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Oregon tries to catch California- On the way down!

Jan 17, 2010

Bill Watkins

Oregon’s voters will soon give their judgment on Measures 66 and 67, measures that will raise income and corporate taxes in the recession-ravaged state – with unemployment at 11.1 percent, the eighth highest in the nation. Besides leaving the state with the highest marginal rate in the country, tied with Hawaii, more insidiously measure 67 will impose a minimum tax based on sales, not profits, implying an infinite marginal tax rate for low-profit companies.

A Milestone on the Road to Becoming a Third World Economy

Jan 6, 2010

Bill Watkins

Northrop Grumman Corp started California’s New Year by announcing it is moving its headquarters to the Washington D.C. area. Unfortunately, they are neither the first nor the last major corporation to leave Southern California. It is a trend, one that may not last much longer, though since aren’t that many major corporations still headquartered in greater Los Angeles.

Too Big to Fail Needs to Go

Oct 8, 2009

One of the causes of last year’s financial collapse was the adoption of the concept, 'Too Big To Fail'. Washington decided long ago that some firms are so large and so integral to the economy that the failure of one of these firms would put the entire economy at risk. So, the government insures them at no cost.