The Golden State has lost its luster. We've got to change our tax system and how we fund government. We're going to have to make it easier to create jobs in California, incentivize manufacturing, really put more in the way of investment in our public school system and our institutions of higher learning if we're going to stay the Golden State.

Over the years, I've learned, focus on the job at hand, and opportunities will open after.

There are teachers' unions around the country realizing they want to improve standards of the profession, improve the quality of their profession, and ultimately attract the best and the brightest to their profession. The vast majority of teachers are dedicated and committed.

I say to people that Los Angeles is a city of America's hope and its promise. It's a city where we come from every corner of the Earth here to make the American dream happen.

Providing financial incentives for both local communities and national governments to conserve and restore forests also makes sense. It will put an economic value on these precious natural resources and drive the right behaviours from both government and business.

Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that.

And when I was young, my family was perfectly nice. I write a lot about it, as you noticed. But it was rather limited. I think, I don't think anyone in my family would really feel I'd done them an injustice by saying that. We didn't see many people. There were many books. It was as if I wanted to get away from home.

The so-called second New Deal of 1935 - including the Works Progress Administration, Social Security and the Wagner Act legalizing union labor - represented an effort to meet the rising voices demanding a more aggressive government approach to the collapse of national prosperity.