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 ...
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, ...
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 ...
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Why Hasn’t “Unworkable” AB 5 Been Repealed Yet?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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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, ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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