Business & Economics
Business & Economics
More taxes won’t fix state debt
The Golden State continues to lead the nation in accumulating public debt, a race where being in first place isn’t the same thing as winning. “California again trumped other states with a $617 billion debt,” reported State Budget Solutions, a nonpartisan organization advocating “fundamental reforms” for state budgets. For the ...
Arthur Laffer
September 28, 2012
Business & Economics
Weekly Standard: The Obamacare Bowl
Have you ever watched a football game in which a team runs the ball seemingly at will and wins in a rout? And then, in a rematch, that same team for no good reason throws the ball repeatedly, with little success? Meet Team Republican. In 2010, it ran Obamacare down ...
Jeffrey H. Anderson
September 25, 2012
Business & Economics
Economist Finds Dental Service Organizations (DSOs) More Cost-Effective Than Average Independent Dentists
Laffer Study of TX Medicaid Claims Shows DSOs Treat Patients More Conservatively, Contrary to Claims by Detractors of the Dental Business Model Nashville, Tenn. — An in-depth study of state reimbursement claims data conducted by economist Arthur Laffer shows that Dental Service Organizations (DSO) in Texas are providing more cost-efficient ...
Arthur Laffer
September 19, 2012
Business & Economics
FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO
Facebooks stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May. The social networks executives, employees and investors arent the only ones disappointed by the stocks underperformance. The state of California was hoping for roughly $2 ...
Arthur Laffer
August 29, 2012
Business & Economics
The Policy Value Gap, Part 1: A Fiscal Perspective
In the spirit of Jimmy Carter, an economic malaise plagues the country. Rather than being the product of a fundamental flaw in our economic system, though, the current stagnation is mainly the result of the nations misguided economic policies. The federal governments response to the financial crisis of 2008 was ...
Wayne Winegarden
August 8, 2012
Business & Economics
Brown should go back to idea of a flat tax to help economy
Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
Arthur Laffer
July 15, 2012
Business & Economics
Arthur B. Laffer: Right to work, wrong to tax in California
Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California’s $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he’s asking voters to approve major tax increases in November. If they don’t, some $6 billion in cuts would take effect in ...
Arthur C. Laffer
July 14, 2012
Business & Economics
Bankruptcy may be only way out for cities, states
The problem in the public sector is that government never is allowed to fail. There never is a day of reckoning no matter how poorly government provides its so-called services I recently documented how the state’s pro-union attorney general, Kamala Harris, crafted an unfair and dishonest title and summary for ...
Steven Greenhut
February 24, 2012
Business & Economics
Bond Holders Seek Governmental Transparency
Once upon a time buying a municipal bond was considered a safe bet. A decent rate of return with little risk – just the thing for junior’s college fund and grandma’s retirement account. But that was before Standard & Poor’s downgraded the U.S. government’s credit-worthiness, sending shock waves through the ...
Dave Roberts
February 23, 2012
Business & Economics
Obama Defends Bailouts, Handouts and Cop-Outs
State of the Union addresses provide insight into the vision of America embraced by the president, and in that regard Tuesday’s address by President Barack Obama didn’t disappoint. He envisions a country where the federal government protects and creates union jobs and where the public sector is leading the charge ...
Steven Greenhut
January 25, 2012
More taxes won’t fix state debt
The Golden State continues to lead the nation in accumulating public debt, a race where being in first place isn’t the same thing as winning. “California again trumped other states with a $617 billion debt,” reported State Budget Solutions, a nonpartisan organization advocating “fundamental reforms” for state budgets. For the ...
Weekly Standard: The Obamacare Bowl
Have you ever watched a football game in which a team runs the ball seemingly at will and wins in a rout? And then, in a rematch, that same team for no good reason throws the ball repeatedly, with little success? Meet Team Republican. In 2010, it ran Obamacare down ...
Economist Finds Dental Service Organizations (DSOs) More Cost-Effective Than Average Independent Dentists
Laffer Study of TX Medicaid Claims Shows DSOs Treat Patients More Conservatively, Contrary to Claims by Detractors of the Dental Business Model Nashville, Tenn. — An in-depth study of state reimbursement claims data conducted by economist Arthur Laffer shows that Dental Service Organizations (DSO) in Texas are providing more cost-efficient ...
FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO
Facebooks stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May. The social networks executives, employees and investors arent the only ones disappointed by the stocks underperformance. The state of California was hoping for roughly $2 ...
The Policy Value Gap, Part 1: A Fiscal Perspective
In the spirit of Jimmy Carter, an economic malaise plagues the country. Rather than being the product of a fundamental flaw in our economic system, though, the current stagnation is mainly the result of the nations misguided economic policies. The federal governments response to the financial crisis of 2008 was ...
Brown should go back to idea of a flat tax to help economy
Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
Arthur B. Laffer: Right to work, wrong to tax in California
Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California’s $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he’s asking voters to approve major tax increases in November. If they don’t, some $6 billion in cuts would take effect in ...
Bankruptcy may be only way out for cities, states
The problem in the public sector is that government never is allowed to fail. There never is a day of reckoning no matter how poorly government provides its so-called services I recently documented how the state’s pro-union attorney general, Kamala Harris, crafted an unfair and dishonest title and summary for ...
Bond Holders Seek Governmental Transparency
Once upon a time buying a municipal bond was considered a safe bet. A decent rate of return with little risk – just the thing for junior’s college fund and grandma’s retirement account. But that was before Standard & Poor’s downgraded the U.S. government’s credit-worthiness, sending shock waves through the ...
Obama Defends Bailouts, Handouts and Cop-Outs
State of the Union addresses provide insight into the vision of America embraced by the president, and in that regard Tuesday’s address by President Barack Obama didn’t disappoint. He envisions a country where the federal government protects and creates union jobs and where the public sector is leading the charge ...