Wayne Winegarden
Business & Economics
Tackling the Public Pensions Problem
State and local public pension systems are in deep financial trouble. The latest comprehensive assessment by Joshua Rauh of the Hoover Institution, which captured 97 percent of public pension assets, found that the unfunded liabilities of public pensions are in the trillions of dollars. The public pensions problem is a ...
Commentary
Getting The Energy Regulatory Balance Right
Sensible environmental regulations play an indispensable role ensuring that public lands are sustainably managed. But, as Earth Day’s 47th anniversary is celebrated, it is important to recognize that sensible regulations should also encourage the responsible development of new and existing energy sources. Without cheap and affordable energy, not only would ...
Uncategorized
CAPITAL IDEAS: Pension reforms in peril if leaders don’t defend them
Unfunded public pensions threaten the fiscal solvency of states and localities across the country. And California is not immune. Back in 2012, San Diego voters recognized the threat and overwhelmingly supported Proposition B, a set of pension reforms that is helping San Diego stabilize its long-term budget outlook. Thanks to ...
Business & Economics
Corporate Inversions Are the Symptoms; Poor Tax Policies Are the Disease
In response to several high profile corporate restructurings known as corporate inversions, politicians have been looking for ways to punish any company considering such a restructuring. Hillary Clinton’s ill-conceived exit tax exemplifies the types of harmful policies that are being proposed . A corporate inversion is a type of acquisition ...
Business & Economics
Remember When Kasich Proposed An Oil Tax Just Like Obama’s?
President Barack Obama proposed a tax Thursday of $10 for every barrel of oil produced in the U.S. to fund new spending on “green” infrastructure programs. Republican Governor of Ohio and current presidential candidate John Kasich, however, beat him to the punch by a year. In February 2015, Kasich attempted ...
Business & Economics
Pension reforms in peril if leaders don’t defend them
Unfunded public pensions threaten the fiscal solvency of states and localities across the country. And California is not immune. Back in 2012, San Diego voters recognized the threat and overwhelmingly supported Proposition B, a set of pension reforms that is helping San Diego stabilize its long-term budget outlook. Thanks to ...
Business & Economics
Tax Increases Diminish Economic Opportunities
As Ronald Reagan might say upon hearing Hillary Clinton’s latest tax proposal, “there she goes again.” Secretary Clinton wants to impose a 4 percent “fair share surcharge” on people earning more than $5 million annually in order to get the “wealthy and the corporations to pay their fair share.” While ...
Business & Economics
California Pension Crisis
The Pacific Research Institute released a new study on California’s pension crisis. “California’s Pension Crowd-Out,” authored by PRI senior fellow Wayne Winegarden, Ph.D., is part of PRI’s California Prosperity Agenda, a 12-point plan to address California’s most pressing problems. “Pension Crowd-Out” reveals the flaws with the state’s current public pension ...
Business & Economics
Rationale for biofuel doesn’t add up
The Environmental Protection Agency recently issued new rules dictating that 18 billion gallons of biofuels must be blended into America’s 2016 transportation fuel supply. This mandate, referred to as the Renewable Fuel Standard (RFS), has been a disaster for the country. The only sensible minimum renewable fuel mandate is zero. ...
Commentary
The Health Care Sector Needs Innovation, Not Regulation
While problems with the U.S. health care system persist, the recent failures of the Affordable Care Act (ACA) illustrate that greater government regulation cannot cure what ails the U.S. health care industry. Deregulation that empowers private sector health care innovation can. In fact, private sector innovations, such as Dental Service ...
Tackling the Public Pensions Problem
State and local public pension systems are in deep financial trouble. The latest comprehensive assessment by Joshua Rauh of the Hoover Institution, which captured 97 percent of public pension assets, found that the unfunded liabilities of public pensions are in the trillions of dollars. The public pensions problem is a ...
Getting The Energy Regulatory Balance Right
Sensible environmental regulations play an indispensable role ensuring that public lands are sustainably managed. But, as Earth Day’s 47th anniversary is celebrated, it is important to recognize that sensible regulations should also encourage the responsible development of new and existing energy sources. Without cheap and affordable energy, not only would ...
CAPITAL IDEAS: Pension reforms in peril if leaders don’t defend them
Unfunded public pensions threaten the fiscal solvency of states and localities across the country. And California is not immune. Back in 2012, San Diego voters recognized the threat and overwhelmingly supported Proposition B, a set of pension reforms that is helping San Diego stabilize its long-term budget outlook. Thanks to ...
Corporate Inversions Are the Symptoms; Poor Tax Policies Are the Disease
In response to several high profile corporate restructurings known as corporate inversions, politicians have been looking for ways to punish any company considering such a restructuring. Hillary Clinton’s ill-conceived exit tax exemplifies the types of harmful policies that are being proposed . A corporate inversion is a type of acquisition ...
Remember When Kasich Proposed An Oil Tax Just Like Obama’s?
President Barack Obama proposed a tax Thursday of $10 for every barrel of oil produced in the U.S. to fund new spending on “green” infrastructure programs. Republican Governor of Ohio and current presidential candidate John Kasich, however, beat him to the punch by a year. In February 2015, Kasich attempted ...
Pension reforms in peril if leaders don’t defend them
Unfunded public pensions threaten the fiscal solvency of states and localities across the country. And California is not immune. Back in 2012, San Diego voters recognized the threat and overwhelmingly supported Proposition B, a set of pension reforms that is helping San Diego stabilize its long-term budget outlook. Thanks to ...
Tax Increases Diminish Economic Opportunities
As Ronald Reagan might say upon hearing Hillary Clinton’s latest tax proposal, “there she goes again.” Secretary Clinton wants to impose a 4 percent “fair share surcharge” on people earning more than $5 million annually in order to get the “wealthy and the corporations to pay their fair share.” While ...
California Pension Crisis
The Pacific Research Institute released a new study on California’s pension crisis. “California’s Pension Crowd-Out,” authored by PRI senior fellow Wayne Winegarden, Ph.D., is part of PRI’s California Prosperity Agenda, a 12-point plan to address California’s most pressing problems. “Pension Crowd-Out” reveals the flaws with the state’s current public pension ...
Rationale for biofuel doesn’t add up
The Environmental Protection Agency recently issued new rules dictating that 18 billion gallons of biofuels must be blended into America’s 2016 transportation fuel supply. This mandate, referred to as the Renewable Fuel Standard (RFS), has been a disaster for the country. The only sensible minimum renewable fuel mandate is zero. ...
The Health Care Sector Needs Innovation, Not Regulation
While problems with the U.S. health care system persist, the recent failures of the Affordable Care Act (ACA) illustrate that greater government regulation cannot cure what ails the U.S. health care industry. Deregulation that empowers private sector health care innovation can. In fact, private sector innovations, such as Dental Service ...
