Economy
Business & Economics
Congress Should Stimulate Economic Recovery By Empowering Businesses To Issue Tax-Free Debt
Congress and the Administration continue to debate the next stimulus bill. It will be much more effective, however, if we heed the lessons from the trillions of dollars that have already been spent battling the current recession. Some of the programs have helped individuals and businesses survive the economic lock-downs ...
Blog
High on Spending, Light on Stimulus: Legislative Democrats Propose $100 Billion Borrowing Plan
This week in Washington, Democrats and Republicans are squabbling over the next economic stimulus package. Republicans have proposed a roughly $1 trillion plan, while Speaker Pelosi is pushing a $3 trillion plan. The partisan haggling and negotiations via shuttle diplomacy have already begun. Upon returning from their summer recess, Sacramento ...
Blog
CalPERS and CalSTRS Annual Returns Latest Public Pension Crisis Warning Sign
The COVID-19 recession has fueled volatility in the financial markets. Investment portfolios saw sharp drops in March and April but have rebounded recently as the economy opened up in some areas. This volatility has negatively impacted public pension funds. The Sacramento Bee reported last week that, “California’s pension fund for ...
Business & Economics
It’s time to bring our economy back to life. Paying workers to stay home won’t help
The federal government’s emergency unemployment benefits are set to expire this week. Set at $600 a week by the CARES Act — the economic rescue package Congress passed back in March — the emergency benefits were intended to supplement state unemployment insurance and offset the economic carnage caused by the coronavirus lockdowns. That extra ...
Business & Economics
A Better Alternative to More Coronavirus Stimulus Spending and Loan Programs
By Rod Richardson and Wayne Winegarden As the nation grapples with the ongoing coronavirus pandemic, the U.S. Senate may soon consider another federal stimulus package. Some politicians favor trillions in additional federal spending and lending, but before we further explode the debt and deficit, let’s pause and think about what ...
Blog
Latest Rankings Further Proof California Must Remove Barriers to Opportunity
Recently, I attended a webinar hosted by the Legatum Institute, a UK-based think tank, where they discussed the results of their latest “Prosperity Index”. According to the Index’s executive summary, Legatum hopes that “nations around the world (will) assess their strengths and weaknesses (in the rankings) to determine the economic ...
Business & Economics
PRI’s Wayne Winegarden Quoted in Free Beacon story on Bogus Gig Economy Survey
Labor Groups, San Francisco Push Bogus Taxpayer-Funded Survey to Support Anti-Gig Law By Collin Anderson A liberal advocacy group’s own researchers raised red flags about a taxpayer-funded study used to justify a union campaign against the California gig economy . . . The survey reported that 71 percent of gig ...
Business & Economics
Basic Income Guarantees Would ‘Warehouse’ Poor, Not Propel Them
As Americans struggle to recover from a deep recession fueled by the COVID-19 crisis, and respond in horror to the violence in many communities following the death of George Floyd, economic inequality and lack of opportunity have risen to the top of the political discussion. Liberal voices like House Speaker ...
Business & Economics
California Should Deregulate to Encourage More Private Equity Investment
Private equity firms are an important source of financing for both new businesses and existing firms. States with more private equity investment experience more business start-ups, more innovation, and generally have a more efficient business sector. Fortunately, California leads the pack in job-creating private equity investments according to a recent ...
Blog
American Political Divide Enters Social Media
Political partisanship can be found in every part of society. What you say, or even what you do not say, is ripe for political criticism these days. It is no surprise then that social media, where a majority of the world devotes multiple hours each day, would be impacted, too. ...
Congress Should Stimulate Economic Recovery By Empowering Businesses To Issue Tax-Free Debt
Congress and the Administration continue to debate the next stimulus bill. It will be much more effective, however, if we heed the lessons from the trillions of dollars that have already been spent battling the current recession. Some of the programs have helped individuals and businesses survive the economic lock-downs ...
High on Spending, Light on Stimulus: Legislative Democrats Propose $100 Billion Borrowing Plan
This week in Washington, Democrats and Republicans are squabbling over the next economic stimulus package. Republicans have proposed a roughly $1 trillion plan, while Speaker Pelosi is pushing a $3 trillion plan. The partisan haggling and negotiations via shuttle diplomacy have already begun. Upon returning from their summer recess, Sacramento ...
CalPERS and CalSTRS Annual Returns Latest Public Pension Crisis Warning Sign
The COVID-19 recession has fueled volatility in the financial markets. Investment portfolios saw sharp drops in March and April but have rebounded recently as the economy opened up in some areas. This volatility has negatively impacted public pension funds. The Sacramento Bee reported last week that, “California’s pension fund for ...
It’s time to bring our economy back to life. Paying workers to stay home won’t help
The federal government’s emergency unemployment benefits are set to expire this week. Set at $600 a week by the CARES Act — the economic rescue package Congress passed back in March — the emergency benefits were intended to supplement state unemployment insurance and offset the economic carnage caused by the coronavirus lockdowns. That extra ...
A Better Alternative to More Coronavirus Stimulus Spending and Loan Programs
By Rod Richardson and Wayne Winegarden As the nation grapples with the ongoing coronavirus pandemic, the U.S. Senate may soon consider another federal stimulus package. Some politicians favor trillions in additional federal spending and lending, but before we further explode the debt and deficit, let’s pause and think about what ...
Latest Rankings Further Proof California Must Remove Barriers to Opportunity
Recently, I attended a webinar hosted by the Legatum Institute, a UK-based think tank, where they discussed the results of their latest “Prosperity Index”. According to the Index’s executive summary, Legatum hopes that “nations around the world (will) assess their strengths and weaknesses (in the rankings) to determine the economic ...
PRI’s Wayne Winegarden Quoted in Free Beacon story on Bogus Gig Economy Survey
Labor Groups, San Francisco Push Bogus Taxpayer-Funded Survey to Support Anti-Gig Law By Collin Anderson A liberal advocacy group’s own researchers raised red flags about a taxpayer-funded study used to justify a union campaign against the California gig economy . . . The survey reported that 71 percent of gig ...
Basic Income Guarantees Would ‘Warehouse’ Poor, Not Propel Them
As Americans struggle to recover from a deep recession fueled by the COVID-19 crisis, and respond in horror to the violence in many communities following the death of George Floyd, economic inequality and lack of opportunity have risen to the top of the political discussion. Liberal voices like House Speaker ...
California Should Deregulate to Encourage More Private Equity Investment
Private equity firms are an important source of financing for both new businesses and existing firms. States with more private equity investment experience more business start-ups, more innovation, and generally have a more efficient business sector. Fortunately, California leads the pack in job-creating private equity investments according to a recent ...
American Political Divide Enters Social Media
Political partisanship can be found in every part of society. What you say, or even what you do not say, is ripe for political criticism these days. It is no surprise then that social media, where a majority of the world devotes multiple hours each day, would be impacted, too. ...
