Wayne Winegarden

Blog

Biden’s Destructive Corporate Income Tax Hike

The New York Times has a summary of the Biden Tax Plan claiming to explain “some of the main provisions included in the plan and how they’re intended to work.” While the Times may have accurately explained how the Administration “intends” for the tax hike to work, these intentions are ...
Blog

Here They Go Again: The Democratic Obsession with Drug Price Controls Will Harm Patients and Diminish Innovation

The U.S. House of Representatives is once again considering “The Lower Drug Costs Now Act”. It was a bad idea in the last Congress, and it is still bad policy today. If it becomes law, this Act (H.R. 3) empowers the federal government to negotiate prices on select drugs for ...
Climate Change

President Biden’s 50% Emissions Reduction Target Is Political Theater, Not Serious Policy

At the 2021 global climate summit, President Biden committed the U.S. to cut its greenhouse gas emissions in half by 2030. Cutting emissions in half is a great talking point and a satisfying sounding goal. Unfortunately, the 50% – 52% reduction goal is more of a political statement than an achievable policy. ...
Blog

Corrupting Infrastructure in Order to Expand the Federal Government’s Size and Scope

Allusions to George Orwell’s 1984 are often overdone, but the applicability is simply too great to ignore. After all, how else do you refer to a proposed $2.7 trillion infrastructure package that spends only 16-cents on the dollar for infrastructure? Having reviewed the President’s proposed package based on the White ...
Commentary

Violating intellectual property rights jeopardizes quality health care

Policymakers across the globe are attempting to vilify the same private companies that have been invaluable partners in the fight against the COVID-19 pandemic. If these efforts are successful, it will be patients who are harmed the most. Globally, the World Trade Organization (WTO) wants to waive the patent rights for the ...
California

Green Jobs Demonstrate The Perils Of Government-Directed Economic Growth

Part of President Biden’s Build Back Better initiative promises to “create good-paying union jobs and train Americans for jobs of the future.” The unspoken theory behind this initiative is that green jobs will offer a pay premium to workers compared to jobs in the fossil fuel industry. It also reflects the Administration’s ...
Blog

Workers, Not Corporations, Will Pay the Price for Global Minimum Tax Push

According to Treasury Secretary Janet Yellen, it is important to work with other countries to end the pressures of tax competition and corporate tax base erosion… to make sure the global economy thrives based on a more level playing field in the taxation of multinational corporations. With all due respect, ...
Blog

Fiscal Insanity

Neither political party has been fiscally responsible as of late. The last fiscally responsible President was Bill Clinton who, in his 1996 State of the Union Address, declared that “the era of big government is over”. Today, it is the era of small government that is over, which (demonstrating how ...
Business & Economics

The Roth Effect Interviews Wayne Winegarden on Gig Economy, Stimulus

Pacific Research Institute’s Wayne Winegarden sits down with The Roth Effect with Carol Roth to discuss his new gig economy study, “The Small Business Gig,” the Biden administrations $1.9 trillion stimulus bill, and what the future holds for small business. Roth and Winegarden also discuss the role of the Federal ...
Blog

Minimum Wage, Maximum Damage

Here is the simple truth, that is in the richest country in the world we can no longer tolerate millions of our workers being unable to feed their families because they are working for starvation wages. Senator Bernie Sanders Senator Sanders asserts that this “simple truth” justifies the “fight for ...
Blog

Biden’s Destructive Corporate Income Tax Hike

The New York Times has a summary of the Biden Tax Plan claiming to explain “some of the main provisions included in the plan and how they’re intended to work.” While the Times may have accurately explained how the Administration “intends” for the tax hike to work, these intentions are ...
Blog

Here They Go Again: The Democratic Obsession with Drug Price Controls Will Harm Patients and Diminish Innovation

The U.S. House of Representatives is once again considering “The Lower Drug Costs Now Act”. It was a bad idea in the last Congress, and it is still bad policy today. If it becomes law, this Act (H.R. 3) empowers the federal government to negotiate prices on select drugs for ...
Climate Change

President Biden’s 50% Emissions Reduction Target Is Political Theater, Not Serious Policy

At the 2021 global climate summit, President Biden committed the U.S. to cut its greenhouse gas emissions in half by 2030. Cutting emissions in half is a great talking point and a satisfying sounding goal. Unfortunately, the 50% – 52% reduction goal is more of a political statement than an achievable policy. ...
Blog

Corrupting Infrastructure in Order to Expand the Federal Government’s Size and Scope

Allusions to George Orwell’s 1984 are often overdone, but the applicability is simply too great to ignore. After all, how else do you refer to a proposed $2.7 trillion infrastructure package that spends only 16-cents on the dollar for infrastructure? Having reviewed the President’s proposed package based on the White ...
Commentary

Violating intellectual property rights jeopardizes quality health care

Policymakers across the globe are attempting to vilify the same private companies that have been invaluable partners in the fight against the COVID-19 pandemic. If these efforts are successful, it will be patients who are harmed the most. Globally, the World Trade Organization (WTO) wants to waive the patent rights for the ...
California

Green Jobs Demonstrate The Perils Of Government-Directed Economic Growth

Part of President Biden’s Build Back Better initiative promises to “create good-paying union jobs and train Americans for jobs of the future.” The unspoken theory behind this initiative is that green jobs will offer a pay premium to workers compared to jobs in the fossil fuel industry. It also reflects the Administration’s ...
Blog

Workers, Not Corporations, Will Pay the Price for Global Minimum Tax Push

According to Treasury Secretary Janet Yellen, it is important to work with other countries to end the pressures of tax competition and corporate tax base erosion… to make sure the global economy thrives based on a more level playing field in the taxation of multinational corporations. With all due respect, ...
Blog

Fiscal Insanity

Neither political party has been fiscally responsible as of late. The last fiscally responsible President was Bill Clinton who, in his 1996 State of the Union Address, declared that “the era of big government is over”. Today, it is the era of small government that is over, which (demonstrating how ...
Business & Economics

The Roth Effect Interviews Wayne Winegarden on Gig Economy, Stimulus

Pacific Research Institute’s Wayne Winegarden sits down with The Roth Effect with Carol Roth to discuss his new gig economy study, “The Small Business Gig,” the Biden administrations $1.9 trillion stimulus bill, and what the future holds for small business. Roth and Winegarden also discuss the role of the Federal ...
Blog

Minimum Wage, Maximum Damage

Here is the simple truth, that is in the richest country in the world we can no longer tolerate millions of our workers being unable to feed their families because they are working for starvation wages. Senator Bernie Sanders Senator Sanders asserts that this “simple truth” justifies the “fight for ...
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