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Meanwhile, the negative economic ripple effect of cuts to the Los Angeles civil courts could result in a nearly $30 billion hit to the local economy over the next four years, according to a study commissioned by the Los Angeles Superior Court. According to the study, the legal services industry would take an estimated $13 billion loss and businesses operating in uncertainty, because of pending civil disputes, would accumulate another $15 billion in potential losses. The decline in economic activity would then result in an additional $1.6 billion in losses...
...Mexican Studies at the University of California, San Diego, and a former adviser to the Mexican government. But Mexico has paid a price for focusing so much on its relationship with Washington. It sends an inordinate 80% of its exports to the U.S., for example. As a result, it has been hit by the recession harder than many other Latin American countries...
...We’ve talked a lot about being in your ideal performance phase,” Rhoads said. “Having an actual result is pretty far removed from the things that we can control. I’m really more looking at our controllable factors, and the results take care of themselves…the score just ends up being a byproduct of those things...
...That innovation carries real economic value. Wind-farm operators want to sell more power, and they'll pay for something that helps them do that. As a result, jobs are created. Xtreme, which employed 57 people at the beginning of 2009, installed its first major system in Hawaii over the summer and now has $100 million worth of orders in the pipeline. The firm currently employs 105 people and is again looking to grow. Its plan is to buy a factory in Wixom, Mich., that Ford shut down in 2007. (See the best photos of 2008: "The American Economy: Down...
...Delay excise taxes on various health industries, such as the pharmaceutical sector and health-insurance sector. These taxes will most certainly be passed directly onto consumers, so the later they are implemented, the later consumers will see drug prices and health-insurance premiums rise as a direct result. (Read "Who's Winning the Message War on Health Care...