Jason Clemens
Business & Economics
Memo to Candidates – Dire Economy Calls for Deep Reforms
California’s unemployment rate is 12.4 percent – third-highest in the country – but that statistic fails to tell the whole story of our economic woes. If marginal workers and those forced to work part-time are added to the base unemployment rate – what the Bureau of Labor Statistics refers to ...
Business & Economics
Returning the state to prosperity requires action
As the November election approaches, Californians don’t need to be reminded of the dismal state of the Golden State. The state’s economic misery permeates Californians’ daily lives. Our headline unemployment is 12.4 percent, third-highest in the country, and increases to 21.9 percent, highest in the country, when marginally employed and ...
Business & Economics
New leadership on taxes needed
A general economic malaise permeates everyday life in California, best illustrated by the state’s 12.4 percent unemployment rate, third-highest in the country. This melancholy has forced responses from the candidates for governor. Californians should give their ideas careful scrutiny. In his eight-page fiscal plan, Jerry Brown offers vague and general ...
Business & Economics
No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government
California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
Business & Economics
PRI Study: Californians Deserve Better Value for Tax Dollars
San Francisco— California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government finds that California is ...
Business & Economics
Golden State offers tarnished ideas
Huge deficits and mounting debt. Increasing concern about creditworthiness. Large and growing government. Constant calls for higher taxes. High unemployment and a discouraged, even fearful, business community. Welcome to California. If you thought we were describing Washington, you had good reason. In instance after instance, Washington has mimicked the failed ...
Business & Economics
Tax competitiveness is key to California recovery
California’s budget deficit is currently estimated at $19 billion, but the Golden State also suffers from myriad tax-based problems. To recover economic prosperity, the state needs immediate tax reform and long-term tax relief. The Golden State relies heavily on personal income taxes, which impose much larger economic costs than consumption ...
Business & Economics
Lobbyists Roam Free in the Free State
Recent scandals, runaway spending and ongoing fiscal crises have all boosted interest in lobbying.
Business & Economics
California’s recipe for stagnation
As legislators finished their session and scattered to their home districts this week without a realistic budget plan and two months after the deadline for approving a budget, one cannot help but wonder if our elected leaders truly grasp the depths of economic crisis and despair facing Californians. Unemployment in ...
Business & Economics
Scrutiny for lobbyists
Recent scandals, runaway spending and ongoing fiscal crises have all boosted interest in lobbying. Washington, D.C., draws much of the new interest, but states, including Maryland, also deserve scrutiny. According to “State-Level Lobbying and Taxpayers: How Much Do We Really Know?” — our recent report for the Pacific Research Institute ...
Memo to Candidates – Dire Economy Calls for Deep Reforms
California’s unemployment rate is 12.4 percent – third-highest in the country – but that statistic fails to tell the whole story of our economic woes. If marginal workers and those forced to work part-time are added to the base unemployment rate – what the Bureau of Labor Statistics refers to ...
Returning the state to prosperity requires action
As the November election approaches, Californians don’t need to be reminded of the dismal state of the Golden State. The state’s economic misery permeates Californians’ daily lives. Our headline unemployment is 12.4 percent, third-highest in the country, and increases to 21.9 percent, highest in the country, when marginally employed and ...
New leadership on taxes needed
A general economic malaise permeates everyday life in California, best illustrated by the state’s 12.4 percent unemployment rate, third-highest in the country. This melancholy has forced responses from the candidates for governor. Californians should give their ideas careful scrutiny. In his eight-page fiscal plan, Jerry Brown offers vague and general ...
No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government
California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
PRI Study: Californians Deserve Better Value for Tax Dollars
San Francisco— California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government finds that California is ...
Golden State offers tarnished ideas
Huge deficits and mounting debt. Increasing concern about creditworthiness. Large and growing government. Constant calls for higher taxes. High unemployment and a discouraged, even fearful, business community. Welcome to California. If you thought we were describing Washington, you had good reason. In instance after instance, Washington has mimicked the failed ...
Tax competitiveness is key to California recovery
California’s budget deficit is currently estimated at $19 billion, but the Golden State also suffers from myriad tax-based problems. To recover economic prosperity, the state needs immediate tax reform and long-term tax relief. The Golden State relies heavily on personal income taxes, which impose much larger economic costs than consumption ...
Lobbyists Roam Free in the Free State
Recent scandals, runaway spending and ongoing fiscal crises have all boosted interest in lobbying.
California’s recipe for stagnation
As legislators finished their session and scattered to their home districts this week without a realistic budget plan and two months after the deadline for approving a budget, one cannot help but wonder if our elected leaders truly grasp the depths of economic crisis and despair facing Californians. Unemployment in ...
Scrutiny for lobbyists
Recent scandals, runaway spending and ongoing fiscal crises have all boosted interest in lobbying. Washington, D.C., draws much of the new interest, but states, including Maryland, also deserve scrutiny. According to “State-Level Lobbying and Taxpayers: How Much Do We Really Know?” — our recent report for the Pacific Research Institute ...
