Government Spending

Business & Economics

Memo to Candidates – Dire Economy Calls for Deep Reforms

California’s unemployment rate is 12.4 percent – third-highest in the country – but that statistic fails to tell the whole story of our economic woes. If marginal workers and those forced to work part-time are added to the base unemployment rate – what the Bureau of Labor Statistics refers to ...
Business & Economics

Returning the state to prosperity requires action

As the November election approaches, Californians don’t need to be reminded of the dismal state of the Golden State. The state’s economic misery permeates Californians’ daily lives. Our headline unemployment is 12.4 percent, third-highest in the country, and increases to 21.9 percent, highest in the country, when marginally employed and ...
Business & Economics

A Bad Word in California

What does voter anger at pension payouts and government spending mean for candidates who rely on the support of public employees? Steven Greenhut is the director of the Pacific Research Institute’s Journalism Center and the author of “Plunder! How Public Employee Unions Are Raiding Treasuries, Controlling Our Lives And Bankrupting ...
Business & Economics

No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government

California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
Business & Economics

PRI Study: Californians Deserve Better Value for Tax Dollars

San Francisco— California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government finds that California is ...
Business & Economics

Amending an end to out-of-control spending

If there’s anything that the vast majority of Americans can agree upon politically, it’s that federal spending is out of control. The federal budget is $1 trillion higher than in 2007. It has doubled since President Reagan’s second term, even after adjusting for inflation. Our national debt is now $13 ...
Business & Economics

Can We Fix the California Crackup?

Last month, Joe Mathews and Mark Paul of the New America Foundation came to Sacramento to promote their new book, California Crackup: How Reform Broke the Golden State and How We Can Fix It. Few if any in the audience at the University of California Sacramento Center took issue with ...
Business & Economics

Calif. can’t compete with Texas, study says

When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow-up to a similar one in 2008, which also showed the Golden State lagging ...
Business & Economics

California Continues to Lag in Economic Rivalry With Texas

Laffer: “In several key areas, California’s economy has become even less competitive than before” AUSTIN, Texas, Oct. 11 /PRNewswire-USNewswire/ — Not only does California’s economic climate continue to lag behind that of Texas, “in several key areas, California’s economy has become even less competitive than before,” according to research released ...
Business & Economics

California can’t compete with Texas, study says

When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow up to a similar one in 2008, which also showed the Golden State ...
Business & Economics

Memo to Candidates – Dire Economy Calls for Deep Reforms

California’s unemployment rate is 12.4 percent – third-highest in the country – but that statistic fails to tell the whole story of our economic woes. If marginal workers and those forced to work part-time are added to the base unemployment rate – what the Bureau of Labor Statistics refers to ...
Business & Economics

Returning the state to prosperity requires action

As the November election approaches, Californians don’t need to be reminded of the dismal state of the Golden State. The state’s economic misery permeates Californians’ daily lives. Our headline unemployment is 12.4 percent, third-highest in the country, and increases to 21.9 percent, highest in the country, when marginally employed and ...
Business & Economics

A Bad Word in California

What does voter anger at pension payouts and government spending mean for candidates who rely on the support of public employees? Steven Greenhut is the director of the Pacific Research Institute’s Journalism Center and the author of “Plunder! How Public Employee Unions Are Raiding Treasuries, Controlling Our Lives And Bankrupting ...
Business & Economics

No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government

California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
Business & Economics

PRI Study: Californians Deserve Better Value for Tax Dollars

San Francisco— California government can do more with fewer taxpayer dollars, according to a new study released today by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government finds that California is ...
Business & Economics

Amending an end to out-of-control spending

If there’s anything that the vast majority of Americans can agree upon politically, it’s that federal spending is out of control. The federal budget is $1 trillion higher than in 2007. It has doubled since President Reagan’s second term, even after adjusting for inflation. Our national debt is now $13 ...
Business & Economics

Can We Fix the California Crackup?

Last month, Joe Mathews and Mark Paul of the New America Foundation came to Sacramento to promote their new book, California Crackup: How Reform Broke the Golden State and How We Can Fix It. Few if any in the audience at the University of California Sacramento Center took issue with ...
Business & Economics

Calif. can’t compete with Texas, study says

When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow-up to a similar one in 2008, which also showed the Golden State lagging ...
Business & Economics

California Continues to Lag in Economic Rivalry With Texas

Laffer: “In several key areas, California’s economy has become even less competitive than before” AUSTIN, Texas, Oct. 11 /PRNewswire-USNewswire/ — Not only does California’s economic climate continue to lag behind that of Texas, “in several key areas, California’s economy has become even less competitive than before,” according to research released ...
Business & Economics

California can’t compete with Texas, study says

When it comes to taxes, regulations and government spending, California is losing ground to Texas, according to a new study by the Texas Public Policy Foundation. The Competitive States 2010: Texas vs. California report is a follow up to a similar one in 2008, which also showed the Golden State ...
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