Kerry Jackson
Blog
California Entering Pharmaceutical Business Won’t Lower Drug Prices for Patients
The state of California, which can’t keep the lights on thanks to political interference in energy generation, nor build enough homes because government has poisoned the housing market, is going into the pharmaceutical manufacturing business. But there’s nothing to worry about. If it struggles, taxpayers will be there to bail ...
Kerry Jackson
September 9, 2020
Blackouts
California is back in black due to going green
California was hit last month with rolling blackouts, for the first in nearly two decades. Gov. Gavin Newsom says he knows why. His answer is not politically popular. But it is correct. According to Politico, “the exact root” of the trouble “is still unclear as more power outages loom.” Unclear, that is, ...
Kerry Jackson
September 6, 2020
California
However You Look at it, Rideshare Drivers Are Independent Contractors
The law that virtually bans independent contract work in California nearly claimed the jobs of the hundreds of thousands it was supposedly intended to help. They were granted a reprieve, but it might not last long. By now, both rideshare drivers and customers are suffering from whiplash caused by the ...
Kerry Jackson
September 3, 2020
Blog
Why Hasn’t “Unworkable” AB 5 Been Repealed Yet?
Add the hardships it has caused during the pandemic lockdowns to the discouraging sight of rideshare companies desperately trying to save their businesses in California, it’s not unreasonable to wonder why Assembly Bill 5 hasn’t been suspended by executive order and lawmakers from both parties haven’t been running into each ...
Kerry Jackson
August 31, 2020
Blog
Studies Show Wealth Tax Would Hurt California’s Economy
There are no state taxes on wealth in the U.S., but California is a good bet to be the first. The idea carries some political popularity, and its promises sound sweet, but what would be the reality if the legislation, Assembly Bill 2088, becomes law? A couple of Rice University ...
Kerry Jackson
August 26, 2020
Blog
Latest Statue Uproar: Getting Rid of Monuments to Freedom Lovers at Chapman U
Fewer than 800 of the roughly 10,000 students enrolled at Chapman University in Orange have signed an online petition demanding the removal of busts from the campus “in order to create a safer and more inclusive environment for Chapman’s marginalized students and community” because the busts “do not reflect the ...
Kerry Jackson
August 18, 2020
California
The Nasty Impacts Of Minimum Wage Hikes
Just as he rejected pleas to suspend the execrable Assembly Bill 5 to ease the financial squeeze caused by the pandemic lockdowns, Gov. Gavin Newsom has declined to put off the state’s coming minimum-wage hike. The small businesses that worked hard enough to survive 2020’s downturn might be broken in ...
Kerry Jackson
August 11, 2020
Business & Economics
CalPERS’ Effort to Become a Lender Takes Curious Turn with Sudden CIO Resignation
Now that the California Public Employees’ Retirement System has decided to become a lender, it follows that the taxpayers who finance the pension fund have the right to know what types of loans will be made and to whom. The process, though, will unlikely be sufficiently transparent. There is legitimate concern ...
Kerry Jackson
August 10, 2020
Blog
An Assembly Bill 5 Update
Humorist Will Rogers regularly uttered world-class comments, but few of his eminently quotable remarks can compete with his observation that a deadlocked Congress which can’t act “is the greatest blessing that could befall this country.” It’s tempting to say the same about California’s Legislature. But it’s back, having reconvened on ...
Kerry Jackson
August 6, 2020
California
CalPERS, Corruption And Cronyism
The California Public Employees’ Retirement System, which has a history of making poor choices, plans to become a lending institution. A healthy pension fund wouldn’t be making such a risky decision. Still hurting from $100 billion in losses from the Great Recession, CalPERS was bruised again by the coronavirus pandemic. ...
Kerry Jackson
July 30, 2020
California Entering Pharmaceutical Business Won’t Lower Drug Prices for Patients
The state of California, which can’t keep the lights on thanks to political interference in energy generation, nor build enough homes because government has poisoned the housing market, is going into the pharmaceutical manufacturing business. But there’s nothing to worry about. If it struggles, taxpayers will be there to bail ...
California is back in black due to going green
California was hit last month with rolling blackouts, for the first in nearly two decades. Gov. Gavin Newsom says he knows why. His answer is not politically popular. But it is correct. According to Politico, “the exact root” of the trouble “is still unclear as more power outages loom.” Unclear, that is, ...
However You Look at it, Rideshare Drivers Are Independent Contractors
The law that virtually bans independent contract work in California nearly claimed the jobs of the hundreds of thousands it was supposedly intended to help. They were granted a reprieve, but it might not last long. By now, both rideshare drivers and customers are suffering from whiplash caused by the ...
Why Hasn’t “Unworkable” AB 5 Been Repealed Yet?
Add the hardships it has caused during the pandemic lockdowns to the discouraging sight of rideshare companies desperately trying to save their businesses in California, it’s not unreasonable to wonder why Assembly Bill 5 hasn’t been suspended by executive order and lawmakers from both parties haven’t been running into each ...
Studies Show Wealth Tax Would Hurt California’s Economy
There are no state taxes on wealth in the U.S., but California is a good bet to be the first. The idea carries some political popularity, and its promises sound sweet, but what would be the reality if the legislation, Assembly Bill 2088, becomes law? A couple of Rice University ...
Latest Statue Uproar: Getting Rid of Monuments to Freedom Lovers at Chapman U
Fewer than 800 of the roughly 10,000 students enrolled at Chapman University in Orange have signed an online petition demanding the removal of busts from the campus “in order to create a safer and more inclusive environment for Chapman’s marginalized students and community” because the busts “do not reflect the ...
The Nasty Impacts Of Minimum Wage Hikes
Just as he rejected pleas to suspend the execrable Assembly Bill 5 to ease the financial squeeze caused by the pandemic lockdowns, Gov. Gavin Newsom has declined to put off the state’s coming minimum-wage hike. The small businesses that worked hard enough to survive 2020’s downturn might be broken in ...
CalPERS’ Effort to Become a Lender Takes Curious Turn with Sudden CIO Resignation
Now that the California Public Employees’ Retirement System has decided to become a lender, it follows that the taxpayers who finance the pension fund have the right to know what types of loans will be made and to whom. The process, though, will unlikely be sufficiently transparent. There is legitimate concern ...
An Assembly Bill 5 Update
Humorist Will Rogers regularly uttered world-class comments, but few of his eminently quotable remarks can compete with his observation that a deadlocked Congress which can’t act “is the greatest blessing that could befall this country.” It’s tempting to say the same about California’s Legislature. But it’s back, having reconvened on ...
CalPERS, Corruption And Cronyism
The California Public Employees’ Retirement System, which has a history of making poor choices, plans to become a lending institution. A healthy pension fund wouldn’t be making such a risky decision. Still hurting from $100 billion in losses from the Great Recession, CalPERS was bruised again by the coronavirus pandemic. ...