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STEPHEN LEVY'S ECONOMY BLOG
What Supports High Home Values in Palo Alto
Another title would be "Why do people want to live in Palo Alto". I believe it is because we have great schools and lots of amenities, many of which are publicly funded. ...
 
stephen levy
 
4008
 
128
 
on Jun 22, 2012 at 1:29 pm by OhlonePar, a resident of the Duveneck/St. Francis neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Do business executives make good governors or mayors?
Well, it depends. A business executive can have valuable organizational and managerial experience. Executives come from an environment where there is an emphasis on efficiency...
 
stephen levy
 
6192
 
98
 
on Oct 24, 2010 at 5:03 am by Walter_E_Wallis, a resident of the Midtown neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Two Positives from the Debt Ceiling Debacle
The debt ceiling debate and final agreement shows how screwed up our congressional politics is. There was no discussion of entitlement reform or tax reform, no inclusion of an...
 
stephen levy
 
2983
 
94
 
on Sep 15, 2011 at 4:23 pm by Alfred E Newman, a resident of Atherton
STEPHEN LEVY'S ECONOMY BLOG
What is ABAG?
ABAG (the Association of Bay Area Governments) is the regional planning agency for the nine-county Bay Area. Voting members of ABAG are the elected officials appointed by memb...
 
stephen levy
 
3717
 
66
 
on Jun 16, 2012 at 3:12 pm by stephen levy, a resident of the University South neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Older Homeowners and Local Property Taxes
One of the main arguments in 1978 for passing Proposition 13 was that rising property taxes threatened older homeowners who were retired and living on a reduced income. While ...
 
stephen levy
 
5178
 
65
 
on May 14, 2011 at 4:47 am by Perspective, a resident of the Meadow Park neighborhood
STEPHEN LEVY'S ECONOMY BLOG
I Will Vote No on Propostion 23
I will vote no on Proposition 23. AB 32, which this proposition seeks to suspend, will help the California economy, as well as our health, air quality and national security. ...
 
stephen levy
 
25826
 
51
 
on Oct 13, 2010 at 12:43 pm by stephen levy, a resident of the University South neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Meeting the Federal Deficit Challenge
Last night we met the small dollar and ideologically charged challenge of passing a federal budget for the 2010-11 budget year. Now Americans face the challenge of meeting ...
 
stephen levy
 
2561
 
50
 
on Jun 11, 2011 at 11:38 am by stephen levy, a resident of the University South neighborhood
STEPHEN LEVY'S ECONOMY BLOG
An Open Letter to the New City Council
The Silicon Valley economy is growing again—from San Francisco to San Jose. In some months this year Santa Clara and San Francisco counties have been job growth leaders in the...
 
stephen levy
 
2790
 
45
 
on Nov 18, 2012 at 6:08 pm by Steve Raney, a resident of the Crescent Park neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Should the Bush Tax Cuts be Extended?
The country is stuggling to recover from a brutal recession while at the same time long term federal budget deficits are a serious threat to economic growth. The tax cuts adop...
 
stephen levy
 
5013
 
43
 
on Aug 19, 2010 at 5:52 am by Perspective, a resident of the Meadow Park neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Benefit Promises that are Hard to Keep
Town Square has been filled with posts about city employee benefits for pensions and health care. The Weekly did a long article on the situation in Palo Alto. There are five m...
 
stephen levy
 
1761
 
41
 
on Aug 17, 2012 at 10:00 pm by Jon, a resident of the Midtown neighborhood
STEPHEN LEVY'S ECONOMY BLOG
All Families Pay Taxes
Every so often someone on Town Square asserts that half of the population does not pay taxes. They see that many families do not earn enough to owe state or federal income tax...
 
stephen levy
 
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35
 
on Dec 9, 2011 at 2:21 pm by Tax the man behind the tree, a resident of the South of Midtown neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Debt debate delusions: An economist shakes his head at budget mess
I have lived in Palo Alto for nearly 50 years studying economics and working as an economist. I have lived here through the recession after the Vietnam War ended, the recessio...
 
stephen levy
 
3238
 
40
 
on Aug 29, 2011 at 2:06 pm by regarding NA economy, a resident of the Adobe-Meadows neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Stimulus Versus Austerity--A False Choice
I watched the Fareed Zakaria GPS show this morning. Paul Krugman argued that the U.S. economy needs more federal stimulus to help increase economic growth and reduce unemploym...
 
stephen levy
 
6450
 
38
 
on Jul 10, 2011 at 2:38 pm by Perspective, a resident of the Meadow Park neighborhood
STEPHEN LEVY'S ECONOMY BLOG
California's Budget Deficit and Debt
First a couple of numbers. After the spending reductions adopted in March and the additional income tax revenue that was reported in April, California now faces a structura...
 
stephen levy
 
3598
 
38
 
on May 30, 2011 at 7:41 am by Perspective, a resident of the Meadow Park neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Stimulus 102-- One Year and $800 Billion Later
This month marks one year since the nearly $800 billion federal stimulus package was passed by Congress. What has the stimulus package accomplished? What should we do now? ...
 
stephen levy
 
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36
 
on Feb 25, 2010 at 2:57 pm by Gene, a resident of the Midtown neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Connecting Values and the Economy
I believe that my family and I are connected to generations past and future. I believe this for living in Palo Alto and for living in this world. That is one of my values. ...
 
stephen levy
 
1611
 
34
 
on Aug 20, 2012 at 2:13 pm by maguro_01, a resident of Mountain View
STEPHEN LEVY'S ECONOMY BLOG
Implications of Today's Economic News
Today brought two more bits of good economic news. National job growth continued with a gain of 212,000 private sector jobs and a drop in the unemployment rate nationally t...
 
stephen levy
 
3171
 
32
 
on Jul 6, 2012 at 11:18 am by romney equals BushCheney, a resident of the Barron Park neighborhood
STEPHEN LEVY'S ECONOMY BLOG
The Joint Venture Proposition 13 Paper
Here is the link to the Joint Venture Index of Silicon Valley including the Special Analysis I wrote on Proposition 13. The purpose of the paper was to explain Proposition ...
 
stephen levy
 
3369
 
30
 
on Feb 22, 2012 at 9:18 am by anne, a resident of Atherton
STEPHEN LEVY'S ECONOMY BLOG
Tough Choices for Whom
City councils in Palo Alto and across the state are beginning to face yet another tough budget year with revenues recovering, but slowly, and retirement costs increasing despi...
 
stephen levy
 
2866
 
30
 
on Jan 15, 2012 at 3:23 pm by Jeff, a resident of the Midtown neighborhood
STEPHEN LEVY'S ECONOMY BLOG
The Palo Alto I Live In
I came here in 1963 as a grad student at Stanford. We raised our children in Palo Alto. I have worked downtown since 1969 and we have lived downtown since 2006. This is the...
 
stephen levy
 
2568
 
28
 
on Sep 28, 2012 at 9:04 pm by stephen levy, a resident of the University South neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Infrastructure Commission Findings and Recommendations
For the past year my 16 colleagues and I addressed the request of the City Council “to provide a recommendation to the City Council on infrastructure needs, priorities, projec...
 
stephen levy
 
3074
 
28
 
on Jan 21, 2012 at 4:23 pm by James, a resident of the Midtown neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Why Aren't Consumers and Businesses Spending More?
There are two "political" answers in this important policy debate. One is a version of "Obama is terrible for business" and cites uncertainty and fear of higher taxes and r...
 
stephen levy
 
6089
 
26
 
on Sep 8, 2010 at 6:18 pm by Sharon, a resident of the Midtown neighborhood
STEPHEN LEVY'S ECONOMY BLOG
Hey honey, should we take that job in California?
California gets criticized regularly for having a bad business climate. The storyline goes roughly like this. States compete fiercely for new businesses. California has hi...
 
stephen levy
 
7262
 
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on Mar 2, 2010 at 11:37 am by Whole Picture, a resident of Menlo Park
STEPHEN LEVY'S ECONOMY BLOG
Stimulus and the National Economy
A reader asked what I thought of stimulus efforts for the national economy. The economy still suffers from a lack of sufficient demand to more fully employ unemployed worke...
 
stephen levy
 
2448
 
24
 
on Jun 15, 2012 at 2:31 pm by Pearl, a resident of the Downtown North neighborhood
STEPHEN LEVY'S ECONOMY BLOG
It's Not (All) Your Money
Another false leap of logic made sometimes by posters is that their earnings are "their money" and the government has no claim on it to support public programs. We all have...
 
stephen levy
 
2424
 
23
 
on Sep 19, 2011 at 10:39 am by Matt, a resident of the Meadow Park neighborhood
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