Wayne Winegarden
			Commentary				
			
		Calling Out The ESG Bait And Switch
			The bait and switch that Environmental, Social, and Governance (ESG) activists have been peddling for too long is coming into focus. Activist investors claim they submit ESG proposals at annual meetings to improve corporate profitability. All too often, these proposals are attempts to hijack the corporate governance process to implement ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			January 30, 2024		
				
					
			Business & Economics				
			
		Nippon Steel’s Purchase Of U.S. Steel Will Improve The Economy
			There has been a rare showing of bipartisanship over the past month; unfortunately, the consensus is founded on economic myths that, if acted upon, would cost jobs, increase inflationary pressures, and weaken economic growth. At issue is Nippon Steel’s offer to purchase U.S. Steel for $14.9 billion – a surprisingly ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			January 29, 2024		
				
					
			Commentary					
			
		Read how our broken immigration system is affecting healthcare
Limited Visas Hinder Hospitals Ability To Curb Nursing Shortfall
			Covid-19 burnout and understaffed hospital wards have taken their toll on the nursing profession. An April 2023 study found that overworked nursing professionals and understaffing have driven “an overall 3.3% decline in the U.S. nursing workforce during the past 2 years.” While some argue that the term shortage is not appropriate because the number ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			January 22, 2024		
				
					
			Business & Economics				
			
		Wayne Winegarden calls Newsom’s budget proposal a “bunch of budget gimmicks” in The Center Square
			California proposes mere $8.5 billion spending cut against $68 billion deficit By Kenneth Schrupp “[The governor’s plan] seems to be a combination of some spending cuts and a bunch of budget gimmicks,” said Pacific Research Institute Senior Fellow for Business and Economics Wayne Winegarden in an interview with The Center ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			January 11, 2024		
				
					
			Business & Economics					
			
		Read an analysis of the 2024-25 CA proposed budget
Gov. Newsom’s proposed budget fails the moment
			Governor Gavin Newsom is wrong. His proposed budget is not “resilient;” it demonstrates an inability to learn the lessons from California’s volatile budget history. The crippling deficit is merely one manifestation of the broader crisis. Newsom estimates a $37.9 billion deficit, about one-half of the nonpartisan Legislative Analyst Office’s (LAO) ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			January 10, 2024		
				
					
			Commentary				
			
		The Rising Costs From Monopoly Utilities And Excessive Energy Mandates
			The onset of Winter is once again highlighting the electric grid’s declining reliability. But unlike the cold Winter, a less reliable grid is not inevitable. It is a self-inflicted problem caused by monopoly electricity providers and growing renewable energy mandates that thwart competitive power markets. Instead of creating incentives to ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			January 1, 2024		
				
					
			Blog					
			
		Read how Biden plan would hurt medical innovation
The Biden Administration Abuses Inflation to Attack Medical Innovation
			It is theoretically bankrupt because price changes for individual goods and services reflect unique market factors in addition to broad-based inflation trends. There is no reason to expect any good’s price changes to always equal the average of all price changes (e.g., measured inflation). For instance, a deep frost that ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			December 19, 2023		
				
					
			Commentary				
			
		Giving The Gov’t Drug Patent March-In Authority Is Bad Policy
			In early December, the Biden administration announced a proposal on exercising march-in rights on taxpayer-funded drugs and other inventions that allows prices to “be a factor in considering whether a drug is accessible to the public.” This is a terrible idea. As the Congressional Research Service summarized, it is an ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			December 13, 2023		
				
					
			Blog					
			
		Read about latest state homeless spending
Newsom Homeless Encampment Plan an Overly Costly Solution at Best
			More likely, the $300 million that the Governor wants to spend will barely make a dent in the state’s worst in the country homeless problem. The reason: this $300 million is still adhering to the costly yet ineffective Housing First approach. According to the Notice of Funding Availability, which defines how ...		
					
					
			
																				
			Wayne Winegarden		
				
																						
			December 6, 2023		
				
					Calling Out The ESG Bait And Switch
			The bait and switch that Environmental, Social, and Governance (ESG) activists have been peddling for too long is coming into focus. Activist investors claim they submit ESG proposals at annual meetings to improve corporate profitability. All too often, these proposals are attempts to hijack the corporate governance process to implement ...		
					Nippon Steel’s Purchase Of U.S. Steel Will Improve The Economy
			There has been a rare showing of bipartisanship over the past month; unfortunately, the consensus is founded on economic myths that, if acted upon, would cost jobs, increase inflationary pressures, and weaken economic growth. At issue is Nippon Steel’s offer to purchase U.S. Steel for $14.9 billion – a surprisingly ...		
					Read how our broken immigration system is affecting healthcare
Limited Visas Hinder Hospitals Ability To Curb Nursing Shortfall
			Covid-19 burnout and understaffed hospital wards have taken their toll on the nursing profession. An April 2023 study found that overworked nursing professionals and understaffing have driven “an overall 3.3% decline in the U.S. nursing workforce during the past 2 years.” While some argue that the term shortage is not appropriate because the number ...		
					Wayne Winegarden calls Newsom’s budget proposal a “bunch of budget gimmicks” in The Center Square
			California proposes mere $8.5 billion spending cut against $68 billion deficit By Kenneth Schrupp “[The governor’s plan] seems to be a combination of some spending cuts and a bunch of budget gimmicks,” said Pacific Research Institute Senior Fellow for Business and Economics Wayne Winegarden in an interview with The Center ...		
					Read an analysis of the 2024-25 CA proposed budget
Gov. Newsom’s proposed budget fails the moment
			Governor Gavin Newsom is wrong. His proposed budget is not “resilient;” it demonstrates an inability to learn the lessons from California’s volatile budget history. The crippling deficit is merely one manifestation of the broader crisis. Newsom estimates a $37.9 billion deficit, about one-half of the nonpartisan Legislative Analyst Office’s (LAO) ...		
					The Rising Costs From Monopoly Utilities And Excessive Energy Mandates
			The onset of Winter is once again highlighting the electric grid’s declining reliability. But unlike the cold Winter, a less reliable grid is not inevitable. It is a self-inflicted problem caused by monopoly electricity providers and growing renewable energy mandates that thwart competitive power markets. Instead of creating incentives to ...		
					Read how Biden plan would hurt medical innovation
The Biden Administration Abuses Inflation to Attack Medical Innovation
			It is theoretically bankrupt because price changes for individual goods and services reflect unique market factors in addition to broad-based inflation trends. There is no reason to expect any good’s price changes to always equal the average of all price changes (e.g., measured inflation). For instance, a deep frost that ...		
					Giving The Gov’t Drug Patent March-In Authority Is Bad Policy
			In early December, the Biden administration announced a proposal on exercising march-in rights on taxpayer-funded drugs and other inventions that allows prices to “be a factor in considering whether a drug is accessible to the public.” This is a terrible idea. As the Congressional Research Service summarized, it is an ...		
					Read about latest state homeless spending
Newsom Homeless Encampment Plan an Overly Costly Solution at Best
			More likely, the $300 million that the Governor wants to spend will barely make a dent in the state’s worst in the country homeless problem. The reason: this $300 million is still adhering to the costly yet ineffective Housing First approach. According to the Notice of Funding Availability, which defines how ...