The long-anticipated, longer-needed BART connection to Silicon Valley is on-track. Better than that, it is barreling down the tracks with the first 10-mile segment of the planned 16-mile extension now estimated for completion before the end of 2016.
Yes, that is 18 months ahead of schedule and it’s also $75 million under budget.
Ridership projections just for the first 10-mile extension is estimated at 46,000 daily trips. To put that into context, our popular Caltrain commuter rail system that runs 79-miles from Gilroy to San Francisco carries 41,000 daily trips.
The full 16-mile BART extension from Fremont - with stations in Milpitas, San Jose and Santa Clara - is estimated to carry 90,000 daily passenger trips.
BART will not only help us get to our jobs, but the extension also creates jobs. In a down economy, with regional unemployment still hovering around 9 percent, the BART extension provides 13,000 construction-related jobs over the next four years alone.
In addition to its positive economic impacts, when the line is completed, the positive environmental impacts are equally significant - as the BART extension means 13,000 tons of greenhouse gas emissions will not be emitted into our atmosphere.
The Silicon Valley Leadership Group praises the 12-member VTA board for its unanimous vote on Dec. 8 in awarding the construction contract to move BART down the tracks. Yet even more important, our hat is off to the visionary voters of Santa Clara County who voted not once, but twice, to tax themselves to make the BART extension a reality.
Wednesday, December 14, 2011
Monday, December 5, 2011
The "100 Percent"
At City Halls across our country, we read about the "99 percent" angry with the federal government, business and the "1 percent" of Americans with the highest incomes.
I am not part of the "1 percent," and while I appreciate the frustration of those calling themselves the “99 percent,” I have but one simple request. Why don't we all work together to strengthen our nation as the "100 percent." United, perhaps we can stop pointing fingers and join arms.
* From the left, I often hear that the "one percent" hold 20 percent of the nation's wealth. Yet they also pay 37 percent of all federal income tax, and closer to 50 percent of California's state income tax.
* From the right, I hear that 47 percent of American adults pay zero federal income tax and zero state income tax.
Here's my view - 100 percent of us benefit when we have good schools; decent roads; and a safety net for our most vulnerable citizens. If you agree, then 100 percent of us should be willing to contribute to funding these priorities.
It's tempting, yet all too easy, to say what we want, but then insist only others pay for it. Let's unite, invest, and strengthen our nation. That's a movement I could get behind - 100 percent.
I am not part of the "1 percent," and while I appreciate the frustration of those calling themselves the “99 percent,” I have but one simple request. Why don't we all work together to strengthen our nation as the "100 percent." United, perhaps we can stop pointing fingers and join arms.
* From the left, I often hear that the "one percent" hold 20 percent of the nation's wealth. Yet they also pay 37 percent of all federal income tax, and closer to 50 percent of California's state income tax.
* From the right, I hear that 47 percent of American adults pay zero federal income tax and zero state income tax.
Here's my view - 100 percent of us benefit when we have good schools; decent roads; and a safety net for our most vulnerable citizens. If you agree, then 100 percent of us should be willing to contribute to funding these priorities.
It's tempting, yet all too easy, to say what we want, but then insist only others pay for it. Let's unite, invest, and strengthen our nation. That's a movement I could get behind - 100 percent.
Thursday, December 1, 2011
If You Mess Up - Fess Up!
Why is it so hard for some people to apologize? This seems especially true for public officials and CEOs.
At our recent Applied Materials “Silicon Valley Turkey Trot”, which I founded seven years ago and still direct through our Silicon Valley Leadership Group Foundation, we had some challenges with traffic and with congestion at our race finish line.
While we have been putting on the Turkey Trot for seven years, the race has grown exponentially every year. This year, the race included 21,000 adult participants and another 1,100 kids. With the larger numbers, we had congestion - both in traffic before the race and for our runners at the finish line at the race.
On Monday, I sent out both a thank you - but also an apology - to all 22,000-plus participants. People don't want to hear excuses, but they do appreciate being heard, and knowing someone is working on solutions to any problems they experienced.
More than 200 participants responded to my letter of apology. As you might expect, the responses were gracious, solutions-oriented and thoughtful.
When you make a mistake; when you mess up; - fess up.
Overwhelmingly, people understand that we are all human and that mistakes happen. Just try not to make the same mistakes twice, and own the ones you do make.
At our recent Applied Materials “Silicon Valley Turkey Trot”, which I founded seven years ago and still direct through our Silicon Valley Leadership Group Foundation, we had some challenges with traffic and with congestion at our race finish line.
While we have been putting on the Turkey Trot for seven years, the race has grown exponentially every year. This year, the race included 21,000 adult participants and another 1,100 kids. With the larger numbers, we had congestion - both in traffic before the race and for our runners at the finish line at the race.
On Monday, I sent out both a thank you - but also an apology - to all 22,000-plus participants. People don't want to hear excuses, but they do appreciate being heard, and knowing someone is working on solutions to any problems they experienced.
More than 200 participants responded to my letter of apology. As you might expect, the responses were gracious, solutions-oriented and thoughtful.
When you make a mistake; when you mess up; - fess up.
Overwhelmingly, people understand that we are all human and that mistakes happen. Just try not to make the same mistakes twice, and own the ones you do make.
Tuesday, November 22, 2011
Spirit Intact
* Right pelvis - broken
* Right elbow - broken
* Positive spirit - intact!
Last Saturday, while riding my bike home from an errand, I crashed with a young boy on his skateboard who dashed across the road. Thankfully, I hit his skateboard rather than him.
The x-rays revealed what my body felt when it hit the concrete. A fractured pelvis and a fractured elbow to accompany the road rash up and down the left side of my body.
But attitude is everything, and angels are everywhere:
* The boy on the skateboard could have instantly darted away. Instead, "Jake" stayed and helped, and his friends went for help.
* On-going motorists and neighbors could have passed by. Instead, they stopped, carried me out of the street where I had laid for many minutes, and brought me to a nearby yard. One brought pillows, another blankets.
* Police and fire fighters arrived, and could not have been more professional and positive.
* 11 hours in Emergency Room are never easy, but the folks at Good Samaritan lived up to their hospital's name.
Healing does not begin now. The healing began the moment my body slammed to the pavement, surrounded by such caring and compassionate strangers.
Happy Thanksgiving. We have much to be thankful for.
* Right elbow - broken
* Positive spirit - intact!
Last Saturday, while riding my bike home from an errand, I crashed with a young boy on his skateboard who dashed across the road. Thankfully, I hit his skateboard rather than him.
The x-rays revealed what my body felt when it hit the concrete. A fractured pelvis and a fractured elbow to accompany the road rash up and down the left side of my body.
But attitude is everything, and angels are everywhere:
* The boy on the skateboard could have instantly darted away. Instead, "Jake" stayed and helped, and his friends went for help.
* On-going motorists and neighbors could have passed by. Instead, they stopped, carried me out of the street where I had laid for many minutes, and brought me to a nearby yard. One brought pillows, another blankets.
* Police and fire fighters arrived, and could not have been more professional and positive.
* 11 hours in Emergency Room are never easy, but the folks at Good Samaritan lived up to their hospital's name.
Healing does not begin now. The healing began the moment my body slammed to the pavement, surrounded by such caring and compassionate strangers.
Happy Thanksgiving. We have much to be thankful for.
Wednesday, November 9, 2011
Quality Family Time
Former Minnesota Twins baseball legend Harmon Killebrew tells a story about his father. He and his brother and dad were rough-housing on the front-lawn when his mom came out and said to his dad, "All that wrestling around is pulling up the lawn." He never forgot his dad's gentle reply - "We’re not raising a lawn. We're raising two sons."
I've been traveling a lot lately - more than I would like. My two girls, Jessica - almost seven - and Siena, two-and-a-half, deserve to see more of their dad. Slowly, I am becoming much more selective as I make decisions for my life which impact the lives of my children. Let's ask ourselves the tough questions: Is this business trip really needed? Is that dinner or speech or event a high priority?
When it comes to our kids, it's not just quality time - its also quantity time.
Here's a secret to moms and dads in our always-too-busy silicon valley. If you want to see a lot of your kids when they are older, invest a lot of time with your kids while they are younger. The relationships we build today will be the only foundation standing tomorrow.
And for goodness sakes, don't worry about messing up the lawn. The lawn has a chance to grow back. Our kids only grow-up once.
I've been traveling a lot lately - more than I would like. My two girls, Jessica - almost seven - and Siena, two-and-a-half, deserve to see more of their dad. Slowly, I am becoming much more selective as I make decisions for my life which impact the lives of my children. Let's ask ourselves the tough questions: Is this business trip really needed? Is that dinner or speech or event a high priority?
When it comes to our kids, it's not just quality time - its also quantity time.
Here's a secret to moms and dads in our always-too-busy silicon valley. If you want to see a lot of your kids when they are older, invest a lot of time with your kids while they are younger. The relationships we build today will be the only foundation standing tomorrow.
And for goodness sakes, don't worry about messing up the lawn. The lawn has a chance to grow back. Our kids only grow-up once.
Wednesday, November 2, 2011
BART to Silicon Valley
The recent Metropolitan Transportation Commission’s assessment of the BART to Silicon Valley extension confirms what we at the Silicon Valley Leadership Group have long known to be true: The benefits of the project far outweigh the cost. The assessment compared the benefits of the extension from San Jose’s Berryessa Station, through Downtown San Jose and on to Santa Clara - and the results are in - MTC found that the project’s benefits are five times its cost.
We, at the Leadership Group, have championed the BART extension, recognizing its ability to create jobs and stimulate our economy. The project will increase our productivity, economic competitiveness and livability – through time saved in traffic, greater regional mobility, less dependence on the automobile and oil, and reduced Green House Gas emissions. We are pleased that the MTC’s independent assessment arrives at the same conclusion as Santa Clara County voters, who have twice voted to tax themselves to support this critical project.
We, at the Leadership Group, have championed the BART extension, recognizing its ability to create jobs and stimulate our economy. The project will increase our productivity, economic competitiveness and livability – through time saved in traffic, greater regional mobility, less dependence on the automobile and oil, and reduced Green House Gas emissions. We are pleased that the MTC’s independent assessment arrives at the same conclusion as Santa Clara County voters, who have twice voted to tax themselves to support this critical project.
Thursday, October 27, 2011
Governor Jerry Brown Announces Public Pension Reform Plan
Jerry Brown proved again that he has the grit and good judgment to be governor of the Golden State.
On Thursday, he unveiled a measured, yet necessary pension reform proposal for California public employees.
This plan constitutes an essential and politically courageous step forward in our collective effort to put our state on firm financial footing, provide needed services, aggressively support job growth, and honor our commitments to our public sector workers. The 12 step proposal includes a provision to raise the retirement age to collect benefits from 50 to 67, with the exception of public safety officers. It would also put new state employees on a hybrid benefit track which would include defined benefits, social security and a 401k program. In addition the plan would require 3 year final compensation to stop spiking for new employees.
Shortly after releasing his 12 point pension reform plan Governor Brown was immediately assailed from the polarizing forces on both the left and right which reinforces that his plan falls right into the sensible center.
On Thursday, he unveiled a measured, yet necessary pension reform proposal for California public employees.
This plan constitutes an essential and politically courageous step forward in our collective effort to put our state on firm financial footing, provide needed services, aggressively support job growth, and honor our commitments to our public sector workers. The 12 step proposal includes a provision to raise the retirement age to collect benefits from 50 to 67, with the exception of public safety officers. It would also put new state employees on a hybrid benefit track which would include defined benefits, social security and a 401k program. In addition the plan would require 3 year final compensation to stop spiking for new employees.
Shortly after releasing his 12 point pension reform plan Governor Brown was immediately assailed from the polarizing forces on both the left and right which reinforces that his plan falls right into the sensible center.
Wednesday, October 19, 2011
The Renewable Energy Industry
Solyndra’s demise has reignited efforts to sabotage success in the renewable energy industry- an industry that is growing jobs. Let’s focus on the facts. The United States is a net exporter of solar-energy products, and solar jobs have doubled in the U.S. — to 100,000 since 2009. Last year alone, U.S. solar-energy installations created a combined $6 billion in direct value, $4.4 billion of which we accrued.
We need not look far to see an example of a solar company creating manufacturing jobs in Silicon Valley. SunPower, headquartered in Silicon Valley has a manufacturing facility in Milpitas. The company’s customer, NRG Energy, received a $1.2 billion loan guarantee from the Department of Energy specifically for the project that will create 350 construction jobs, power approximately 100,000 homes and inject $315 million in to the San Luis Obispo, Calif. economy.
The answer is clear, supporting the renewable energy industry is the right thing to do for our state and nation.
We need not look far to see an example of a solar company creating manufacturing jobs in Silicon Valley. SunPower, headquartered in Silicon Valley has a manufacturing facility in Milpitas. The company’s customer, NRG Energy, received a $1.2 billion loan guarantee from the Department of Energy specifically for the project that will create 350 construction jobs, power approximately 100,000 homes and inject $315 million in to the San Luis Obispo, Calif. economy.
The answer is clear, supporting the renewable energy industry is the right thing to do for our state and nation.
Thursday, October 6, 2011
Cherish Every Day
This past week, my wife and I had a rare fight right before I left for work. Rather than a heated exchange, we left each other to start our day in stony silence.
That same day, three workers at Lehigh Cement in Cupertino left their homes for what I am sure they believed would be a typical work-day - only to never return to their homes; irrationally gunned down by a crazed co-worker.
Later the same afternoon, Steve Jobs would lose his seven-year struggle with pancreatic cancer. Steve Jobs was an iconic figure that fueled the creativity of the world's innovation economy. Yet he was also a father, a husband and a friend to many people here in Silicon Valley and throughout the planet. He will be forever treasured and never forgotten.
The employees at Lehigh Cement will long be mourned; their memories cherished by their friends, families and co-workers.
Each day, as we leave our homes for work, for school, for errands, let's not forget that today is all we have. We have little control over how it will end, but we can control how it begins. Cherish the day you have - and those you love.
That same day, three workers at Lehigh Cement in Cupertino left their homes for what I am sure they believed would be a typical work-day - only to never return to their homes; irrationally gunned down by a crazed co-worker.
Later the same afternoon, Steve Jobs would lose his seven-year struggle with pancreatic cancer. Steve Jobs was an iconic figure that fueled the creativity of the world's innovation economy. Yet he was also a father, a husband and a friend to many people here in Silicon Valley and throughout the planet. He will be forever treasured and never forgotten.
The employees at Lehigh Cement will long be mourned; their memories cherished by their friends, families and co-workers.
Each day, as we leave our homes for work, for school, for errands, let's not forget that today is all we have. We have little control over how it will end, but we can control how it begins. Cherish the day you have - and those you love.
Tuesday, September 27, 2011
Role Models
Role models. Most of us have had one. Many of us have been one. All of us need one.
Positive role models are those people in life who - with both their words and deeds - have had an impact that has made an indelible difference.
On October 6, the Silicon Valley Leadership Group & Fry's Electronics are honoring two women role models with our second annual "Shattering the Glass Ceiling" Award. This year, we will recognize and celebrate former state senator Becky Morgan and former County Supervisor Susie Wilson.
Both Becky and Susie are strong, creative, successful women, who blazed a trail of public service in a way that has made the road easier for other women and girls to follow.
As a man, why do I care about trailblazing women who have made a mark in the valley? First and foremost, I'm a dad of two little girls. They've never met Becky Morgan or Susie Wilson, but their paths in Silicon Valley have been made better by the work of these two extraordinary leaders.
As an employer, the women on my team benefit daily by the policies and programs these two former public officials championed.
Today, as we go about our business, think about the mark you are making. In your actions and attitude, what behavior are you modeling to those around you? Anyone can make an impression. Let's do our best to make an impact.
Positive role models are those people in life who - with both their words and deeds - have had an impact that has made an indelible difference.
On October 6, the Silicon Valley Leadership Group & Fry's Electronics are honoring two women role models with our second annual "Shattering the Glass Ceiling" Award. This year, we will recognize and celebrate former state senator Becky Morgan and former County Supervisor Susie Wilson.
Both Becky and Susie are strong, creative, successful women, who blazed a trail of public service in a way that has made the road easier for other women and girls to follow.
As a man, why do I care about trailblazing women who have made a mark in the valley? First and foremost, I'm a dad of two little girls. They've never met Becky Morgan or Susie Wilson, but their paths in Silicon Valley have been made better by the work of these two extraordinary leaders.
As an employer, the women on my team benefit daily by the policies and programs these two former public officials championed.
Today, as we go about our business, think about the mark you are making. In your actions and attitude, what behavior are you modeling to those around you? Anyone can make an impression. Let's do our best to make an impact.
Tuesday, September 6, 2011
Game Changers
Butkis, nada, zero, none, zilch.
That is the precise number of jobs created in the entire United States in the month of August.
This week, the President will lay out a "jobs plan."
In the past two weeks, we have heard "jobs plans" from Governor Brown and members of the state legislature.
Here's a suggestion - as elected officials lay out their "jobs plans," first consult those who create jobs . . . Entrepreneurs, CEOs and innovators who invest creativity and capital to actually hire people.
Without a single new job created in America in august, it is not time for the "same ole, same ole." What are the game changers in your jobs plan that are going to make a difference?
This is why the Silicon Valley Leadership Group is hosting our inaugural "Game Changers" summit the morning of September 13.
In the innovation capital of the world, we will interact directly in spirited discussions with the game changers who create and grow jobs with the specifics of what is needed to get America, California and Silicon Valley moving.
Join us at game changers on September 13. For more information, go to svlg.org.
That is the precise number of jobs created in the entire United States in the month of August.
This week, the President will lay out a "jobs plan."
In the past two weeks, we have heard "jobs plans" from Governor Brown and members of the state legislature.
Here's a suggestion - as elected officials lay out their "jobs plans," first consult those who create jobs . . . Entrepreneurs, CEOs and innovators who invest creativity and capital to actually hire people.
Without a single new job created in America in august, it is not time for the "same ole, same ole." What are the game changers in your jobs plan that are going to make a difference?
This is why the Silicon Valley Leadership Group is hosting our inaugural "Game Changers" summit the morning of September 13.
In the innovation capital of the world, we will interact directly in spirited discussions with the game changers who create and grow jobs with the specifics of what is needed to get America, California and Silicon Valley moving.
Join us at game changers on September 13. For more information, go to svlg.org.
Tuesday, July 26, 2011
Re-charge
Americans are awful about taking vacations. Compared to most industrialized nations, we work more hours per week, and take fewer weeks off per year.
And I’m the proverbial pot calling the kettle black, losing an average of three weeks of paid – yes paid – vacation time each of the past three years because I’m maxed out on how many days I can carry over from one year to the next.
As a CEO, I constantly call on my team to find “work/life balance,” yet I haven’t always practiced what I preach.
That’s all about to change. For KLIV and “CEO Show” listeners, you won’t hear my voice the entire month of august.
I’m taking a break – a vacation – a siesta. A long-overdue “gone fishing” sign will replace my welcome mat.
After 15 years as CEO of the Silicon Valley Leadership Group, I’m off for my first semi-sabbatical, putting the “do not disturb” sign on my door, voice mail and email.
My time away will include a Disney cruise with my two little girls, who deserve more time with their daddy; a long stay-cation to complete the “honey-do” list that Leslee has patiently constructed; and then off to British Columbia as I race Ironman Canada. More stressful than restful, but a dream come true.
To the rest of you in “Go-Go Silicon Valley,” follow my lead. Take time off. Smell the roses now, before pushing up daisies later.
And I’m the proverbial pot calling the kettle black, losing an average of three weeks of paid – yes paid – vacation time each of the past three years because I’m maxed out on how many days I can carry over from one year to the next.
As a CEO, I constantly call on my team to find “work/life balance,” yet I haven’t always practiced what I preach.
That’s all about to change. For KLIV and “CEO Show” listeners, you won’t hear my voice the entire month of august.
I’m taking a break – a vacation – a siesta. A long-overdue “gone fishing” sign will replace my welcome mat.
After 15 years as CEO of the Silicon Valley Leadership Group, I’m off for my first semi-sabbatical, putting the “do not disturb” sign on my door, voice mail and email.
My time away will include a Disney cruise with my two little girls, who deserve more time with their daddy; a long stay-cation to complete the “honey-do” list that Leslee has patiently constructed; and then off to British Columbia as I race Ironman Canada. More stressful than restful, but a dream come true.
To the rest of you in “Go-Go Silicon Valley,” follow my lead. Take time off. Smell the roses now, before pushing up daisies later.
Wednesday, July 20, 2011
1,000 Hearts for 1,000 Minds
California public school students rank 45th of 50 states in math, 48th in science and 49th in spending per student. Enter “1,000 Hearts for 1,000 Minds,” a new tutoring initiative being launched by San Jose City Councilman Sam Liccardo and the Silicon Valley Leadership Group, to focus on reading and math skills for k-8 students in some of our poorest neighborhoods.
The goal is simple: engage 1,000 caring adult volunteers with 1,000 k-8 kids in Silicon Valley schools. You can volunteer as little as one hour per week for a duration as short as eight to ten weeks.
Make a difference – offer your time or treasure.
• Your time: just one hour per week.
• Your treasure: make a personal contribution or encourage your employer to make a company contribution.
Let’s help 1,000 kids right here in San Jose & Silicon Valley strengthen their reading and math skills, and succeed in a 21st century economy.
To get involved, click here. Reach out today. Change a life – tutor a student.
The goal is simple: engage 1,000 caring adult volunteers with 1,000 k-8 kids in Silicon Valley schools. You can volunteer as little as one hour per week for a duration as short as eight to ten weeks.
Make a difference – offer your time or treasure.
• Your time: just one hour per week.
• Your treasure: make a personal contribution or encourage your employer to make a company contribution.
Let’s help 1,000 kids right here in San Jose & Silicon Valley strengthen their reading and math skills, and succeed in a 21st century economy.
To get involved, click here. Reach out today. Change a life – tutor a student.
Wednesday, July 13, 2011
Repatriation
I can think of 1.2 trillion ways that President Obama and Congress can strengthen America’s economy and create jobs – without costing taxpayers a dime.
It’s called repatriation – a fancy “Washington, D.C.” word for allowing American companies to bring back the earnings they make from being successful when doing business in overseas markets.
You see – 95 percent of the world’s markets for Silicon Valley goods and services are outside of the U.S., yet when we successfully compete in those markets, we cannot bring the earnings back home without paying a 39.4 percent tax penalty on those profits. It doesn’t take a math genius to know that when a company can borrow money for as low as two percent, bringing money back with a 39.4 percent penalty makes absolutely no sense.
So Congress, allow companies to bring back their earnings at a reduced rate. Keep the reduced rate for the federal treasury. Allow employers to use the balance to stimulate the economy, strengthen their companies and create jobs.
It’s so simple – even Washington should get it right.
It’s called repatriation – a fancy “Washington, D.C.” word for allowing American companies to bring back the earnings they make from being successful when doing business in overseas markets.
You see – 95 percent of the world’s markets for Silicon Valley goods and services are outside of the U.S., yet when we successfully compete in those markets, we cannot bring the earnings back home without paying a 39.4 percent tax penalty on those profits. It doesn’t take a math genius to know that when a company can borrow money for as low as two percent, bringing money back with a 39.4 percent penalty makes absolutely no sense.
So Congress, allow companies to bring back their earnings at a reduced rate. Keep the reduced rate for the federal treasury. Allow employers to use the balance to stimulate the economy, strengthen their companies and create jobs.
It’s so simple – even Washington should get it right.
Wednesday, July 6, 2011
New York Policy Trip
As we look back at Independence Day, a central theme of our founders emerges - "United We Stand."
Recently, I traveled to New York City to meet with Mayor Michael Bloomberg. We discussed how we can best work together to move our nation forward: Education reform for American children, immigration reform for high-skilled workers and a coherent national energy policy.
We also met with the Long Island Business Association - a sister organization to the Silicon Valley Leadership Group - with whom we will partner on key issues impacting America's competitiveness and job creation. We're reaching out to 25 similar organizations across the nation: Chicago, Portland, Seattle, San Diego, Austin, Boston, Los Angeles, Cincinnati and Baltimore. From a regional level, we hope to drive a national agenda that is long on policy victories and short on partisan politics.
We should expect no less from our national leaders elected to serve us in D.C.
Our national coalition of regional leaders is aimed at America’s competitiveness and job creation. We can think of few greater missions than ensuring our nation can compete and that each American who wants a job can seek and secure a job. United, we stand . . . For a strong future for all Americans.
Recently, I traveled to New York City to meet with Mayor Michael Bloomberg. We discussed how we can best work together to move our nation forward: Education reform for American children, immigration reform for high-skilled workers and a coherent national energy policy.
We also met with the Long Island Business Association - a sister organization to the Silicon Valley Leadership Group - with whom we will partner on key issues impacting America's competitiveness and job creation. We're reaching out to 25 similar organizations across the nation: Chicago, Portland, Seattle, San Diego, Austin, Boston, Los Angeles, Cincinnati and Baltimore. From a regional level, we hope to drive a national agenda that is long on policy victories and short on partisan politics.
We should expect no less from our national leaders elected to serve us in D.C.
Our national coalition of regional leaders is aimed at America’s competitiveness and job creation. We can think of few greater missions than ensuring our nation can compete and that each American who wants a job can seek and secure a job. United, we stand . . . For a strong future for all Americans.
Wednesday, June 29, 2011
California's unemployment
California has 2,143,000 unemployed adults and an unemployment rate of 11.4 percent.
As residents of Silicon Valley, with unemployment hovering around 10 percent, we are relatively robust in comparison to 20 of California’s 58 counties still suffering with unemployment above 15 percent. Or the residents in seven California counties with unemployment above 25 percent.
Yes, if you live in Imperial, Sutter, Colusa, Madera or several other counties, chances are one in four that you don’t have a job.
That’s why Lieutenant Governor Gavin Newsom is criss-crossing the state developing a plan – potentially California’s first “Jobs and Economic Competitiveness Plan” in the history of the golden state. Last week, he met with 60 Silicon Valley CEO’s in three key clusters: renewable energy, bio-tech & high-tech. Next week, he will meet with 60 more.
Building a plan – seeking out CEO’s – working to put Californians back to work. Kudos to Governor Brown and Lieutenant Governor Newsom for making California’s economy – and jobs for Californians - the priority.
As residents of Silicon Valley, with unemployment hovering around 10 percent, we are relatively robust in comparison to 20 of California’s 58 counties still suffering with unemployment above 15 percent. Or the residents in seven California counties with unemployment above 25 percent.
Yes, if you live in Imperial, Sutter, Colusa, Madera or several other counties, chances are one in four that you don’t have a job.
That’s why Lieutenant Governor Gavin Newsom is criss-crossing the state developing a plan – potentially California’s first “Jobs and Economic Competitiveness Plan” in the history of the golden state. Last week, he met with 60 Silicon Valley CEO’s in three key clusters: renewable energy, bio-tech & high-tech. Next week, he will meet with 60 more.
Building a plan – seeking out CEO’s – working to put Californians back to work. Kudos to Governor Brown and Lieutenant Governor Newsom for making California’s economy – and jobs for Californians - the priority.
Thursday, May 5, 2011
Bike-to-Work Month
May is a great time to trade in four wheels for two wheels, as we celebrate bike-to-work month.
Before you write me off as one more spandex wearing crazy bicyclist - which i am - consider the following:
* The typical commute length in the Bay Area is five miles or less - perfect for cycling.
* A gallon of gas is now above $4. Pedal power is free.
* Silicon valley enjoys 300-plus sunny days per year, ideal conditions for riding to work.
* A five-mile commute by bike burns off half the calories of that Starbucks drink you just sipped. Make it a round trip, and all those calories are gone.
* The bike path, trail and lane network in Santa Clara County has grown to hundreds of miles, making cycling to work both fun and safe.
And for me, the best reason to cycle to work, I can eat all the chocolate I want.
Join me. Try riding your bike even one day in May. For route information to and from work, contact the great folks at the Silicon Valley Bicycle Coalition. Tell them I sent you. And you don't even have to wear spandex.
Before you write me off as one more spandex wearing crazy bicyclist - which i am - consider the following:
* The typical commute length in the Bay Area is five miles or less - perfect for cycling.
* A gallon of gas is now above $4. Pedal power is free.
* Silicon valley enjoys 300-plus sunny days per year, ideal conditions for riding to work.
* A five-mile commute by bike burns off half the calories of that Starbucks drink you just sipped. Make it a round trip, and all those calories are gone.
* The bike path, trail and lane network in Santa Clara County has grown to hundreds of miles, making cycling to work both fun and safe.
And for me, the best reason to cycle to work, I can eat all the chocolate I want.
Join me. Try riding your bike even one day in May. For route information to and from work, contact the great folks at the Silicon Valley Bicycle Coalition. Tell them I sent you. And you don't even have to wear spandex.
Tuesday, April 26, 2011
Silicon Valley Caucus
First Dates are fun. Relationships are better.
Two weeks ago, The Silicon Valley Leadership Group launched the "Silicon Valley Caucus," an inaugural meeting between our 13 state senators and assemblymen who represent us in the state capitol, with more than 30 Silicon Valley CEOs.
Such is the concern about the success of California that these 30 CEO’s, competing globally, drove all the way to Sacramento for the two-hour meeting.
Like any "first date" the purpose of the initial conversation was to get acquainted, raise the broad challenges that inhibit economic development and job growth in the Golden State, and set the parameters for future dialogue.
We agreed to three more roundtables in 2011, in which we can dive deep on ways that the world’s innovation capital can best assist our representatives in the state capitol. Stay tuned. Only good can come from such collaboration.
Two weeks ago, The Silicon Valley Leadership Group launched the "Silicon Valley Caucus," an inaugural meeting between our 13 state senators and assemblymen who represent us in the state capitol, with more than 30 Silicon Valley CEOs.
Such is the concern about the success of California that these 30 CEO’s, competing globally, drove all the way to Sacramento for the two-hour meeting.
Like any "first date" the purpose of the initial conversation was to get acquainted, raise the broad challenges that inhibit economic development and job growth in the Golden State, and set the parameters for future dialogue.
We agreed to three more roundtables in 2011, in which we can dive deep on ways that the world’s innovation capital can best assist our representatives in the state capitol. Stay tuned. Only good can come from such collaboration.
Thursday, April 14, 2011
U.S. Corporate Tax Rate
Usually, there is excitement when an individual, a team, a company or a country declares "we're number one." Such a chant is often accompanied by a big foam finger elevated up to the sky.
Not so with the United States. When it comes to the world's highest corporate tax rate, America is now "number one," a dubious distinction that leaves American companies - and therefore American workers - uncompetitive abroad.
The U.S. corporate tax rate, adding in California's additional rate, is 39.4 percent. Competitor nations average in the low 20's.
Adding insult to injury, America is the only country in the world that double-taxes the profits American companies make while competing abroad. We pay the corporate rate in the country in which we do business, and then pay the U.S. rate that is left over if our company's ever try to bring those earnings back to America's shores. This broken system has trapped more than $1 trillion off-shore, unable to make it back home to stimulate the American economy.
Let's get it right. Congress and the President should be fighting to make American employers more competitive globally, not less so. Overhaul America's corporate tax code; incent companies to repatriate dollars earned overseas; grow America's economy. For more details, visit "winamericacampaign.org".
Not so with the United States. When it comes to the world's highest corporate tax rate, America is now "number one," a dubious distinction that leaves American companies - and therefore American workers - uncompetitive abroad.
The U.S. corporate tax rate, adding in California's additional rate, is 39.4 percent. Competitor nations average in the low 20's.
Adding insult to injury, America is the only country in the world that double-taxes the profits American companies make while competing abroad. We pay the corporate rate in the country in which we do business, and then pay the U.S. rate that is left over if our company's ever try to bring those earnings back to America's shores. This broken system has trapped more than $1 trillion off-shore, unable to make it back home to stimulate the American economy.
Let's get it right. Congress and the President should be fighting to make American employers more competitive globally, not less so. Overhaul America's corporate tax code; incent companies to repatriate dollars earned overseas; grow America's economy. For more details, visit "winamericacampaign.org".
Tuesday, April 5, 2011
Caltrain Town Halls
Launched during the Civil War, Caltrain commuter rail service has been a key component for commuters for 150 years.
In spite of strong ridership, this well-run rail line risks insolvency as it lacks a dedicated revenue stream, which almost every transit system in America enjoys.
Significant cuts are currently being proposed, with one option slashing service from 86 daily trains to just 48. With some hard work and creativity, we are hoping to minimize those cuts in the short term and add service in the long term.
To keep Caltrain strong, we need your feedback participation. Over the next six weeks, the Silicon Valley Leadership Group will host eight "town hall" meetings up & down the 79-mile Caltrain corridor.
We kick-off in Mountain View on April 11, with future town halls in Morgan Hill San Jose, Santa Clara and Palo Alto. Visit http://svlg.org/campaigns/savecaltrain/ for dates, times and details.
Caltrain serves 41,000 daily trips. We cannot afford to place those commuters back on the already congested 101 corridor. Let's work together to ensure service cuts are minimized, and find creative ways to strengthen the system for the next 150 years.
In spite of strong ridership, this well-run rail line risks insolvency as it lacks a dedicated revenue stream, which almost every transit system in America enjoys.
Significant cuts are currently being proposed, with one option slashing service from 86 daily trains to just 48. With some hard work and creativity, we are hoping to minimize those cuts in the short term and add service in the long term.
To keep Caltrain strong, we need your feedback participation. Over the next six weeks, the Silicon Valley Leadership Group will host eight "town hall" meetings up & down the 79-mile Caltrain corridor.
We kick-off in Mountain View on April 11, with future town halls in Morgan Hill San Jose, Santa Clara and Palo Alto. Visit http://svlg.org/campaigns/savecaltrain/ for dates, times and details.
Caltrain serves 41,000 daily trips. We cannot afford to place those commuters back on the already congested 101 corridor. Let's work together to ensure service cuts are minimized, and find creative ways to strengthen the system for the next 150 years.
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