Government Spending

Business & Economics

Beyond The New Normal – Part 2: Accounting For Government

Does More Government Spending Boost the Economy? New PRI Study Finds Overspending Doesn’t Create Jobs, Takes Away Investment in Private-Sector Also published in Utah Standard News Challenging the status quo thinking that more government spending boosts the economy, a new report released today by the Pacific Research Institute found that ...
Business & Economics

How To Create A High-Growth Economy

Click here to read part 1 of “Beyond the New Normal” by Wayne Winegarden and Niles Chura For more than a decade federal policy has re-shaped the economy through a variety of activist policies. Taxes have risen, spending has increased, and the regulatory state has been empowered. The Federal Reserve, ...
Business & Economics

Wasteful Spending By Other Names

Cutting wasteful government spending would be much easier if it were properly labeled. But, wasteful expenditures are never properly categorized as duplicitous, unnecessary, or unwarranted spending. Instead, wasteful government expenditures masquerade as important government programs with important sounding missions. With such high-minded purposes, the groups who benefit can defend their ...
Business & Economics

In California Pension Casino, Taxpayers Going Bust

California has a state pension problem that defies partisan politics. It’s not about Hillary vs. Donald, it’s about math. Past pension promises may exceed the potential for pension asset growth. Whether we are currently or were former California residents, as I am, we all want California to prosper. We want ...
Agriculture

Gov. Brown exceeds his authority on greenhouse gas limits

When Gov. Jerry Brown issued an executive order last year mandating reductions in greenhouse gas emissions to 40 percent below 1990 levels by 2030, he said he did it for California’s future. But his motives were irrelevant. He broke the law, says the state’s legislative counsel. “We think the determination ...
Commentary

Obamacare Bloats U.S. Healthcare System

Last month, the Organization for Economic Cooperation and Development, a developed-country think tank, released its latest estimates of how much the rich world spends on health care. Yet again, the United States took the top spot. Our nation spends $8,713 per person on health care — more than double the ...
Business & Economics

Oct. 4 Pro-Con: Are tax cuts best for America?

PRO: The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It should not be this way. Spurring economic growth requires broad-based reforms that must include effective ...
Business & Economics

Tax cuts will revitalize growth: Opposing view

Governor Jeb Bush’s proposed pro-growth tax reform, mimicked by Donald Trump, is an important step forward. The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It ...
Business & Economics

California’s High-Tax, Big-Government Comedown

Anyone who has ever watched Animal Planet should be familiar with migrations. Geese do it, wildebeests and whales do it, turtles do it and, yes, people do it too. To migrate is a natural phenomenon. What’s interesting about most migrations is their purposes are generally positive: sex, food, sun and ...
Commentary

If no changes, no Medicare

Medicare has two more years to live than previously thought. The program’s trustees recently estimated that the “depletion date for the trust fund is 2026, two years later than was shown in last year’s report.” But that conclusion is less a vote of confidence than a two-year stay of execution. ...
Business & Economics

Beyond The New Normal – Part 2: Accounting For Government

Does More Government Spending Boost the Economy? New PRI Study Finds Overspending Doesn’t Create Jobs, Takes Away Investment in Private-Sector Also published in Utah Standard News Challenging the status quo thinking that more government spending boosts the economy, a new report released today by the Pacific Research Institute found that ...
Business & Economics

How To Create A High-Growth Economy

Click here to read part 1 of “Beyond the New Normal” by Wayne Winegarden and Niles Chura For more than a decade federal policy has re-shaped the economy through a variety of activist policies. Taxes have risen, spending has increased, and the regulatory state has been empowered. The Federal Reserve, ...
Business & Economics

Wasteful Spending By Other Names

Cutting wasteful government spending would be much easier if it were properly labeled. But, wasteful expenditures are never properly categorized as duplicitous, unnecessary, or unwarranted spending. Instead, wasteful government expenditures masquerade as important government programs with important sounding missions. With such high-minded purposes, the groups who benefit can defend their ...
Business & Economics

In California Pension Casino, Taxpayers Going Bust

California has a state pension problem that defies partisan politics. It’s not about Hillary vs. Donald, it’s about math. Past pension promises may exceed the potential for pension asset growth. Whether we are currently or were former California residents, as I am, we all want California to prosper. We want ...
Agriculture

Gov. Brown exceeds his authority on greenhouse gas limits

When Gov. Jerry Brown issued an executive order last year mandating reductions in greenhouse gas emissions to 40 percent below 1990 levels by 2030, he said he did it for California’s future. But his motives were irrelevant. He broke the law, says the state’s legislative counsel. “We think the determination ...
Commentary

Obamacare Bloats U.S. Healthcare System

Last month, the Organization for Economic Cooperation and Development, a developed-country think tank, released its latest estimates of how much the rich world spends on health care. Yet again, the United States took the top spot. Our nation spends $8,713 per person on health care — more than double the ...
Business & Economics

Oct. 4 Pro-Con: Are tax cuts best for America?

PRO: The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It should not be this way. Spurring economic growth requires broad-based reforms that must include effective ...
Business & Economics

Tax cuts will revitalize growth: Opposing view

Governor Jeb Bush’s proposed pro-growth tax reform, mimicked by Donald Trump, is an important step forward. The U.S. economy has been plagued with unacceptably slow growth since the 2007-09 recession — so slow that six years into our supposed recovery, policymakers still talk about the need for economic stimulus. It ...
Business & Economics

California’s High-Tax, Big-Government Comedown

Anyone who has ever watched Animal Planet should be familiar with migrations. Geese do it, wildebeests and whales do it, turtles do it and, yes, people do it too. To migrate is a natural phenomenon. What’s interesting about most migrations is their purposes are generally positive: sex, food, sun and ...
Commentary

If no changes, no Medicare

Medicare has two more years to live than previously thought. The program’s trustees recently estimated that the “depletion date for the trust fund is 2026, two years later than was shown in last year’s report.” But that conclusion is less a vote of confidence than a two-year stay of execution. ...
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