Economy
Blog
A Work-at-Home Tax?
Ronald Reagan once described the government’s view of the economy like this: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” From his last point, even the Gipper couldn’t imagine that government would tax something that just stayed put. Fast forward ...
Rowena Itchon
November 17, 2020
Blog
Who’s Better for the Stock Market? Republicans vs. Democrats
Free marketers often assume that between the two political parties, Republicans are better for the stock market. It makes sense. Republicans believe that economic growth can be achieved by reducing regulation and costs for businesses and relying on competition to encourage innovation. In contrast, Democrats believe that government should take ...
Rowena Itchon
November 3, 2020
Blackouts
What is Joe Biden’s Economic Plan?
During the first presidential debate in September, both candidates answered where they think the economy is headed. Trump believes in a V-shaped recovery, basically a quick rebound, while Biden prefers a K-shaped recovery, with the rich recovering while the rest of the country moves slower. Biden’s theory on where the ...
Evan Harris
October 27, 2020
Business & Economics
PRI’s Wayne Winegarden Quoted in Nor Cal Record Story on Covid-19 Relief Bill
Next COVID-19 relief bill remains stalled in Washington; ‘Adverse impacts on the economy and individuals will be longer-lasting than they could have been’ By Sarah Downey With the outcome for a new COVID-19 financial stimulus package still in flux, concerns about the lasting economic damage have heightened the longer the ...
Pacific Research Institute
October 26, 2020
Blog
Will Gen Z Make America Socialist?
Last week, I wrote about a proposition on the California ballot that would give 17-year-olds the right to vote in some California elections. California’s push for the youth vote got me thinking about how recent college graduates and others entering the workforce are dealing with the economic and career implications ...
Evan Harris
October 14, 2020
Blog
CalChamber “Job Killer” List Is One of the Few Watchdogs for Small Business
Most of the California business community is at the mercy of California’s progressive state legislature. It is easy to forget, especially with Silicon Valley pumping out inflated IPOs, that small businesses are the backbone of the economy. The U.S. Small Business Administration counts four million small business that call California ...
Evan Harris
September 23, 2020
Blog
Trump’s Erratic Foreign Policy Continues in 2020
Last month, the Trump Administration announced a “historic deal” to normalize relations between the United Arab Emirates and Israel. Did the Trump administration solve Middle East conflict? No. While the merits of the deal will be debated in think tanks and foreign policy circles with overplayed game theory stereotypes, the ...
Evan Harris
September 16, 2020
Blog
Biden’s Tax Plan: Where It Hurts Californians the Most
Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here. But the state’s tax marauding politicians aren’t the only ones we should be worried about. Presidential candidate Joe Biden also wants Washington’s share of our wallet. Below are three proposed tax hikes that would be ...
Rowena Itchon
September 2, 2020
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 ...
Kerry Jackson
August 26, 2020
Blog
Jobless Californians May Have to Settle for $300
President Trump’s signature was barely dry when cash-strapped governors nationwide cried foul over his executive order to provide $400 of additional unemployment benefits a week for the country’s jobless, after negotiations on a new coronavirus stimulus package failed between the White House and Speaker Pelosi and Senate Minority Leader Schumer. ...
Rowena Itchon
August 25, 2020
A Work-at-Home Tax?
Ronald Reagan once described the government’s view of the economy like this: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” From his last point, even the Gipper couldn’t imagine that government would tax something that just stayed put. Fast forward ...
Who’s Better for the Stock Market? Republicans vs. Democrats
Free marketers often assume that between the two political parties, Republicans are better for the stock market. It makes sense. Republicans believe that economic growth can be achieved by reducing regulation and costs for businesses and relying on competition to encourage innovation. In contrast, Democrats believe that government should take ...
What is Joe Biden’s Economic Plan?
During the first presidential debate in September, both candidates answered where they think the economy is headed. Trump believes in a V-shaped recovery, basically a quick rebound, while Biden prefers a K-shaped recovery, with the rich recovering while the rest of the country moves slower. Biden’s theory on where the ...
PRI’s Wayne Winegarden Quoted in Nor Cal Record Story on Covid-19 Relief Bill
Next COVID-19 relief bill remains stalled in Washington; ‘Adverse impacts on the economy and individuals will be longer-lasting than they could have been’ By Sarah Downey With the outcome for a new COVID-19 financial stimulus package still in flux, concerns about the lasting economic damage have heightened the longer the ...
Will Gen Z Make America Socialist?
Last week, I wrote about a proposition on the California ballot that would give 17-year-olds the right to vote in some California elections. California’s push for the youth vote got me thinking about how recent college graduates and others entering the workforce are dealing with the economic and career implications ...
CalChamber “Job Killer” List Is One of the Few Watchdogs for Small Business
Most of the California business community is at the mercy of California’s progressive state legislature. It is easy to forget, especially with Silicon Valley pumping out inflated IPOs, that small businesses are the backbone of the economy. The U.S. Small Business Administration counts four million small business that call California ...
Trump’s Erratic Foreign Policy Continues in 2020
Last month, the Trump Administration announced a “historic deal” to normalize relations between the United Arab Emirates and Israel. Did the Trump administration solve Middle East conflict? No. While the merits of the deal will be debated in think tanks and foreign policy circles with overplayed game theory stereotypes, the ...
Biden’s Tax Plan: Where It Hurts Californians the Most
Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here. But the state’s tax marauding politicians aren’t the only ones we should be worried about. Presidential candidate Joe Biden also wants Washington’s share of our wallet. Below are three proposed tax hikes that would be ...
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 ...
Jobless Californians May Have to Settle for $300
President Trump’s signature was barely dry when cash-strapped governors nationwide cried foul over his executive order to provide $400 of additional unemployment benefits a week for the country’s jobless, after negotiations on a new coronavirus stimulus package failed between the White House and Speaker Pelosi and Senate Minority Leader Schumer. ...