http://districtweekly.disqus.com/News, Arts, Entertainment & More for Long Beach, Huntington Beach, and Costa MesaenSat, 10 Nov 2007 00:05:50 -0000http://thedistrictweekly.com/daily/staff-infection/briefing/the-chairman-speaks/#comment-1352199Goldman Sach's economist doesn't know much about the California economy. Admittedly the economy has slowed. However since July over $30 billion in M&amp;A's activity has occurred. If there is a credit crunch, it hasn't spilled over into business and industry. Additionally California adds 400,000 to 600,000 people a year. Thus, in four to six years it adds either a state of Louisiana or Oregon. Goldman Sachs should be examining how fast these actions will manifest themselves positively into the economy reversing the current housing slowdown. In a week of wildfires, a 5.6 earthquake the businesses in this proverbial economic giant completed nearly $1.3 billion in M&amp;A and business capitalization activity. Rhetorically, what did your state do?<br>Goldman Sachs needs to read economic forecasts from UCLA, UC Santa Barbara, Univ. of the Pacific and Sacramento State. California, the nation's largest state economy deserves a more extensive review.Tim JohnsonSat, 10 Nov 2007 00:05:50 -0000