Economy
Blog
Taxifornia This Week
By Rowena Itchon and Tim Anaya This week, the Assembly and Senate face a key deadline. All bills originating must pass their “house of origin” by the end of the week (i.e., bills introduced in the Assembly must pass the Assembly). The Appropriations Committees of both houses weighed in on ...
Blog
Could Court Case Gig the Gig Economy?
Businesses in California could use some good news, but one wonders when — and sometimes if — any will ever come. At the same time, there seems to be no end to the bad news, at least when government authorities are involved. The most recent example is a California Supreme ...
Business & Economics
Federal Government Must Revamp Spending To Maximize Economic Growth
It’s not news that the federal government spends too much. This year, the federal government will spend about $30,000 per taxpayer. That doesn’t count the public debt — every taxpayers’ share is over $145,000 — or unfunded liabilities like Social Security and Medicare, which add another $600,000 to $1.6 million per taxpayer. ...
Business & Economics
Read Wayne Winegarden in SD Union-Tribune & LA Times on Growing San Diego Wealth Gap
Wealth gap grows in San Diego, report says By Phillip Molnar Also published in Los Angeles Times If you feel left behind in San Diego’s economy, you’re not alone. The gap between the have and have-not’s in San Diego was the ninth-highest out of 100 cities between 2011 to 2016, said ...
Agriculture
If California Wants to Resist, Let’s Start with Trade Policy
Less than 32 percent of California voters who went to the polls on Election Day in 2016 pulled the lever for Donald Trump. These “deplorables” are probably delighted that Hillary Clinton isn’t president and pleased in general with how Trump has governed. Trump’s trade policies, though, should be another matter. ...
Blog
Not Much to Celebrate as California’s Economy Grows on Paper
California’s economy has now surpassed that of United Kingdom, making it the fifth-largest in the world if it were its own country. Despite this growth, and in contrast to the perception that all is well in California because the economy looks so robust, the Golden State’s economy is not quite ...
Business & Economics
Creating an Affordable Health Care System Requires More than Rounding Up the Usual Suspects
Health care is becoming less affordable every year. Over the past 10 years, national healthcare expenditures have grown 45 percent, but our economy has grown only 28 percent. This isn’t sustainable; and, solving this problem should be a top policy priority. However, “rounding up the usual suspects,” as Captain Renault ...
Blog
Is It A Bad Thing for State Workers to Save Taxpayers on Work Travel?
As the sharing economy has grown in California, we’re changing how we approach many common life transactions. When we’re looking for a repair person to fix a broken toilet, now we might look to Thumbtack to bid out of the job when before we would have called a traditional plumber ...
Business & Economics
How Much Should We Spend? New PRI Report Offers the 15% Solution
In the aftermath of a record $1.3 trillion federal spending deal, the latest report in the Pacific Research Institute’s Beyond the New Normal series makes the case that such record spending levels hurts economic growth and American prosperity. The new report released today, “The 15 Percent Solution: Defining the Affordable ...
Blog
Education and Free Markets: How Education Changes People’s Lives, Through Increased Upward Mobility
If you want to handicap a man for the rest of his life, deny him an education. This is manifestly true in America, as the disadvantages associated with a poor education tend to multiply in a free society and a free economy. It is our dedication to free markets that ...
Taxifornia This Week
By Rowena Itchon and Tim Anaya This week, the Assembly and Senate face a key deadline. All bills originating must pass their “house of origin” by the end of the week (i.e., bills introduced in the Assembly must pass the Assembly). The Appropriations Committees of both houses weighed in on ...
Could Court Case Gig the Gig Economy?
Businesses in California could use some good news, but one wonders when — and sometimes if — any will ever come. At the same time, there seems to be no end to the bad news, at least when government authorities are involved. The most recent example is a California Supreme ...
Federal Government Must Revamp Spending To Maximize Economic Growth
It’s not news that the federal government spends too much. This year, the federal government will spend about $30,000 per taxpayer. That doesn’t count the public debt — every taxpayers’ share is over $145,000 — or unfunded liabilities like Social Security and Medicare, which add another $600,000 to $1.6 million per taxpayer. ...
Read Wayne Winegarden in SD Union-Tribune & LA Times on Growing San Diego Wealth Gap
Wealth gap grows in San Diego, report says By Phillip Molnar Also published in Los Angeles Times If you feel left behind in San Diego’s economy, you’re not alone. The gap between the have and have-not’s in San Diego was the ninth-highest out of 100 cities between 2011 to 2016, said ...
If California Wants to Resist, Let’s Start with Trade Policy
Less than 32 percent of California voters who went to the polls on Election Day in 2016 pulled the lever for Donald Trump. These “deplorables” are probably delighted that Hillary Clinton isn’t president and pleased in general with how Trump has governed. Trump’s trade policies, though, should be another matter. ...
Not Much to Celebrate as California’s Economy Grows on Paper
California’s economy has now surpassed that of United Kingdom, making it the fifth-largest in the world if it were its own country. Despite this growth, and in contrast to the perception that all is well in California because the economy looks so robust, the Golden State’s economy is not quite ...
Creating an Affordable Health Care System Requires More than Rounding Up the Usual Suspects
Health care is becoming less affordable every year. Over the past 10 years, national healthcare expenditures have grown 45 percent, but our economy has grown only 28 percent. This isn’t sustainable; and, solving this problem should be a top policy priority. However, “rounding up the usual suspects,” as Captain Renault ...
Is It A Bad Thing for State Workers to Save Taxpayers on Work Travel?
As the sharing economy has grown in California, we’re changing how we approach many common life transactions. When we’re looking for a repair person to fix a broken toilet, now we might look to Thumbtack to bid out of the job when before we would have called a traditional plumber ...
How Much Should We Spend? New PRI Report Offers the 15% Solution
In the aftermath of a record $1.3 trillion federal spending deal, the latest report in the Pacific Research Institute’s Beyond the New Normal series makes the case that such record spending levels hurts economic growth and American prosperity. The new report released today, “The 15 Percent Solution: Defining the Affordable ...
Education and Free Markets: How Education Changes People’s Lives, Through Increased Upward Mobility
If you want to handicap a man for the rest of his life, deny him an education. This is manifestly true in America, as the disadvantages associated with a poor education tend to multiply in a free society and a free economy. It is our dedication to free markets that ...
