Economy
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. ...
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.” ...
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. ...
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 ...
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 ...
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.” ...
