Wayne Winegarden
Business & Economics
Federal Government Must Revamp Spending To Maximize Economic Growth
It’s not news that the federal government spends too much. This year, the federal government will spend about $30,000 per taxpayer. That doesn’t count the public debt — every taxpayers’ share is over $145,000 — or unfunded liabilities like Social Security and Medicare, which add another $600,000 to $1.6 million per taxpayer. ...
Business & Economics
Creating an Affordable Health Care System Requires More than Rounding Up the Usual Suspects
Health care is becoming less affordable every year. Over the past 10 years, national healthcare expenditures have grown 45 percent, but our economy has grown only 28 percent. This isn’t sustainable; and, solving this problem should be a top policy priority. However, “rounding up the usual suspects,” as Captain Renault ...
Business & Economics
How Much Should We Spend? New PRI Report Offers the 15% Solution
In the aftermath of a record $1.3 trillion federal spending deal, the latest report in the Pacific Research Institute’s Beyond the New Normal series makes the case that such record spending levels hurts economic growth and American prosperity. The new report released today, “The 15 Percent Solution: Defining the Affordable ...
Agriculture
The Not-so-hidden Costs of Trade Tariffs
It should be no surprise that the Trump tariffs are not having their intended effect. Consider the impact on California farmers as documented by Bloomberg.com: More than half of Dan Vincent’s projected 2018 profit was wiped out with a stroke of President Donald Trump’s pen. Vincent runs Pacific Coast Producers, ...
Health Care
New Study: Patients Could Save Time and Money if Neighborhood Pharmacies Can Administer More Vaccines
Patients could save time and money if federal law is reformed to allow pharmacists to administer all CDC recommended vaccines, a new study released today by the Pacific Research Institute found. Click here to download a copy of the study. “Adult vaccines can improve people’s health, but our nation’s vaccine ...
Agriculture
Tariffs Are A Bad Negotiation Tool
Is he, or isn’t he? That’s the big question when it comes to the $100 billion in tariffs that President Trump has threatened to impose on China. Many supporters of these threatened tariffs would claim that the answer is: he isn’t; or more accurately, he won’t need to. In this ...
Blog
Trade Follies
The Administration’s call to impose billions of dollars of tariffs on Americans who consume goods and services made in China is economic folly. Nevertheless, the Administration incorrectly touts that these tariffs will benefit the economy. Such claims are simply wrong. The justifications for imposing tariffs are based on many myths, ...
Commentary
Are Electric Car Subsidies Just Giveaways To The Wealthy?
Gov. Jerry Brown and some California lawmakers are pushing Golden State drivers to the fast lane of an all-electric car future. For example, San Francisco Democrat Phil Ting has introduced legislation to outlaw the sale of traditional gas-powered cars by the year 2040. My colleague Kerry Jackson has called this idea “a ...
Business & Economics
Strike The Right Regulatory Balance To Promote Generic Medicines And Future Innovation
Striking the right regulatory balance for pharmaceuticals is no easy task. On the one hand, policy should promote drug affordability by encouraging robust competition. On the other hand, policy should encourage future innovations by granting these drugs temporary market exclusivity. While these goals appear contradictory, the federal government’s drug approval ...
Commentary
Subsidies for Electric Vehicles Favor the Wealthy
Electric vehicles are heavily subsidized by the federal, state, and local governments. Based on a study I just completed, the federal subsidies are worth over $42.7 billion to their recipients over the lifetime of the programs. They include the federal grant and loan programs for manufacturers, and the consumer tax credits worth $7,500 per ...
Federal Government Must Revamp Spending To Maximize Economic Growth
It’s not news that the federal government spends too much. This year, the federal government will spend about $30,000 per taxpayer. That doesn’t count the public debt — every taxpayers’ share is over $145,000 — or unfunded liabilities like Social Security and Medicare, which add another $600,000 to $1.6 million per taxpayer. ...
Creating an Affordable Health Care System Requires More than Rounding Up the Usual Suspects
Health care is becoming less affordable every year. Over the past 10 years, national healthcare expenditures have grown 45 percent, but our economy has grown only 28 percent. This isn’t sustainable; and, solving this problem should be a top policy priority. However, “rounding up the usual suspects,” as Captain Renault ...
How Much Should We Spend? New PRI Report Offers the 15% Solution
In the aftermath of a record $1.3 trillion federal spending deal, the latest report in the Pacific Research Institute’s Beyond the New Normal series makes the case that such record spending levels hurts economic growth and American prosperity. The new report released today, “The 15 Percent Solution: Defining the Affordable ...
The Not-so-hidden Costs of Trade Tariffs
It should be no surprise that the Trump tariffs are not having their intended effect. Consider the impact on California farmers as documented by Bloomberg.com: More than half of Dan Vincent’s projected 2018 profit was wiped out with a stroke of President Donald Trump’s pen. Vincent runs Pacific Coast Producers, ...
New Study: Patients Could Save Time and Money if Neighborhood Pharmacies Can Administer More Vaccines
Patients could save time and money if federal law is reformed to allow pharmacists to administer all CDC recommended vaccines, a new study released today by the Pacific Research Institute found. Click here to download a copy of the study. “Adult vaccines can improve people’s health, but our nation’s vaccine ...
Tariffs Are A Bad Negotiation Tool
Is he, or isn’t he? That’s the big question when it comes to the $100 billion in tariffs that President Trump has threatened to impose on China. Many supporters of these threatened tariffs would claim that the answer is: he isn’t; or more accurately, he won’t need to. In this ...
Trade Follies
The Administration’s call to impose billions of dollars of tariffs on Americans who consume goods and services made in China is economic folly. Nevertheless, the Administration incorrectly touts that these tariffs will benefit the economy. Such claims are simply wrong. The justifications for imposing tariffs are based on many myths, ...
Are Electric Car Subsidies Just Giveaways To The Wealthy?
Gov. Jerry Brown and some California lawmakers are pushing Golden State drivers to the fast lane of an all-electric car future. For example, San Francisco Democrat Phil Ting has introduced legislation to outlaw the sale of traditional gas-powered cars by the year 2040. My colleague Kerry Jackson has called this idea “a ...
Strike The Right Regulatory Balance To Promote Generic Medicines And Future Innovation
Striking the right regulatory balance for pharmaceuticals is no easy task. On the one hand, policy should promote drug affordability by encouraging robust competition. On the other hand, policy should encourage future innovations by granting these drugs temporary market exclusivity. While these goals appear contradictory, the federal government’s drug approval ...
Subsidies for Electric Vehicles Favor the Wealthy
Electric vehicles are heavily subsidized by the federal, state, and local governments. Based on a study I just completed, the federal subsidies are worth over $42.7 billion to their recipients over the lifetime of the programs. They include the federal grant and loan programs for manufacturers, and the consumer tax credits worth $7,500 per ...
