Economy

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. ...
Business & Economics

Extending generous unemployment benefits will drag out the economic crisis

According to a new analysis from the Congressional Budget Office, the next coronavirus relief package could spell disaster for our economy. In a letter to the Senate Finance Committee, the nonpartisan CBO warned that extending unemployment benefits would discourage the jobless from rejoining the workforce. As the country emerges from lockdown and ...
Blog

Memo to Small Business: We’re from the government and we’re here to help

Across the state, main streets have gone from being closed to being boarded. For California entrepreneurs, doing business in the state has hit a new low. It’s too early to get insurance data on what the vandalism, arson, and looting has cost business owners across the state.  Worse, because of ...
Blog

Stop Politicizing Investments

The University of California Board of Regents just announced that “the endowment, the pension and all of our working capital pools are fossil-free at the University of California”. The Regents justify the divestment based on their belief that “continuing to hold fossil fuel assets poses too great a financial risk.” ...
Blog

‘Fixing’ Assembly Bill 5: Better If It Never Existed At All

California’s Assembly Bill 5 has not been broken, but given a couple of recent developments, it might soon be showing some cracks. On May 20, Assembly Bill 1850, which would exempt some professions from AB5, a law that virtually outlaws independent contract work, was passed 7-0 by the Assembly Labor ...
Blog

Assembly’s Festivus-Style ‘Airing of Grievances’ Does Not Disappoint

In my last blog post, I previewed the Assembly’s unusual “Committee of the Whole” hearing on the state budget, comparing it to Seinfeld’s Festivus “Airing of Grievances.” Little did I know how clairvoyant I really was. Last Tuesday’s five hour session could charitably be called a “gripe fest” as lawmakers ...
Business & Economics

Coronavirus recovery — Want to help the economy? Don’t do this

Nearly 39 million Americans have filed for unemployment, as of May 21, since the beginning of the COVID-19 outbreak, pushing unemployment closer to levels not seen since the Great Depression. So far, Congress has allocated over $239 billion in stimulus checks and unemployment benefits to help. Congressional Democrats want to go further. ...
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. ...
Business & Economics

Extending generous unemployment benefits will drag out the economic crisis

According to a new analysis from the Congressional Budget Office, the next coronavirus relief package could spell disaster for our economy. In a letter to the Senate Finance Committee, the nonpartisan CBO warned that extending unemployment benefits would discourage the jobless from rejoining the workforce. As the country emerges from lockdown and ...
Blog

Memo to Small Business: We’re from the government and we’re here to help

Across the state, main streets have gone from being closed to being boarded. For California entrepreneurs, doing business in the state has hit a new low. It’s too early to get insurance data on what the vandalism, arson, and looting has cost business owners across the state.  Worse, because of ...
Blog

Stop Politicizing Investments

The University of California Board of Regents just announced that “the endowment, the pension and all of our working capital pools are fossil-free at the University of California”. The Regents justify the divestment based on their belief that “continuing to hold fossil fuel assets poses too great a financial risk.” ...
Blog

‘Fixing’ Assembly Bill 5: Better If It Never Existed At All

California’s Assembly Bill 5 has not been broken, but given a couple of recent developments, it might soon be showing some cracks. On May 20, Assembly Bill 1850, which would exempt some professions from AB5, a law that virtually outlaws independent contract work, was passed 7-0 by the Assembly Labor ...
Blog

Assembly’s Festivus-Style ‘Airing of Grievances’ Does Not Disappoint

In my last blog post, I previewed the Assembly’s unusual “Committee of the Whole” hearing on the state budget, comparing it to Seinfeld’s Festivus “Airing of Grievances.” Little did I know how clairvoyant I really was. Last Tuesday’s five hour session could charitably be called a “gripe fest” as lawmakers ...
Business & Economics

Coronavirus recovery — Want to help the economy? Don’t do this

Nearly 39 million Americans have filed for unemployment, as of May 21, since the beginning of the COVID-19 outbreak, pushing unemployment closer to levels not seen since the Great Depression. So far, Congress has allocated over $239 billion in stimulus checks and unemployment benefits to help. Congressional Democrats want to go further. ...
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