Business & Economics
Business & Economics
Nelson vs. Sidhu a snore this time
Those Orange County political observers who have been awaiting a repeat of the June supervisorial grudge match that pitted pension-reforming Shawn Nelson, then a Fullerton councilman, against union-backed Anaheim Councilman Harry Sidhu must be sorely disappointed. In June, the unions tried to make an example out of Nelson, who blew ...
Steven Greenhut
October 23, 2010
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 ...
Jason Clemens
October 21, 2010
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 ...
Steven Greenhut
October 21, 2010
Business & Economics
Jackpot Justice Series
The first film in the Jackpot Justice series titled “Lawyers Gone Wild” takes a humorous look at the absurd warning labels on everyday consumer products revealing a serious underlying problem—rampant abuse of our nation’s civil-justice tort climate. The second film titled “Judicial Hellholes” takes audiences on a tour of American ...
Lawrence J. McQuillan
October 21, 2010
Business & Economics
New leadership on taxes needed
A general economic malaise permeates everyday life in California, best illustrated by the state’s 12.4 percent unemployment rate, third-highest in the country. This melancholy has forced responses from the candidates for governor. Californians should give their ideas careful scrutiny. In his eight-page fiscal plan, Jerry Brown offers vague and general ...
Jason Clemens
October 20, 2010
Business & Economics
California Tax Facts 2011
State of California General Fund Tax Revenue, Fiscal Year 2010 July 1, 2009 June 30, 2010 up 5.6% from FY 2009 Source: California State Controller (p. 12) $86.58 billion California Tax Facts 2011 – Revenue Sour Personal Income Taxes $44.83 billion 52% Retail Sales and Use Taxes $26.74 billion ...
Lawrence J. McQuillan
October 19, 2010
Business & Economics
Brown’s Tax-the-Rich Mantra Won’t Work
The “w” word used by a Jerry Brown strategist to describe Meg Whitman’s alleged sellout on her pension reform proposals to public safety unions that are endorsing her dominated much of the coverage of the Oct. 12 debate. But far more important to California’s future was Brown’s own sellout to ...
Pacific Research Institute
October 19, 2010
Business & Economics
Places where judges don’t allow justice to prevail
Part two of a three-part series. In 2009, the top 10 jury awards in the United States alone totaled $1.5 billion. Eight were doled out in states with the worst tort climates as measured by the U.S. Tort Liability Index. When judges and juries in the worst jurisdictions, referred to ...
Lawrence J. McQuillan
October 19, 2010
Business & Economics
Broken California
California governor Arnold Schwarzenegger recently warned that if voters approve a November initiative legalizing marijuana, the state will become a national “laughingstock.” The only thing more prevalent than non-Californians poking fun at the state’s enduring political and budget mess these days is Californians who offer counsel on how to save ...
Steven Greenhut
October 18, 2010
Business & Economics
Lawyers gone wild are killing our economy
Part one of a three-part series. Jackpot Justice – Lawyers Gone Wild from Nicholas Tucker on Vimeo. It’s a dangerous world. At least, that’s what the warning labels on common consumer products would lead us to believe. The kitchen knife package cautions against juggling knives. The superhero costume warns that ...
Lawrence J. McQuillan
October 18, 2010
Nelson vs. Sidhu a snore this time
Those Orange County political observers who have been awaiting a repeat of the June supervisorial grudge match that pitted pension-reforming Shawn Nelson, then a Fullerton councilman, against union-backed Anaheim Councilman Harry Sidhu must be sorely disappointed. In June, the unions tried to make an example out of Nelson, who blew ...
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 ...
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 ...
Jackpot Justice Series
The first film in the Jackpot Justice series titled “Lawyers Gone Wild” takes a humorous look at the absurd warning labels on everyday consumer products revealing a serious underlying problem—rampant abuse of our nation’s civil-justice tort climate. The second film titled “Judicial Hellholes” takes audiences on a tour of American ...
New leadership on taxes needed
A general economic malaise permeates everyday life in California, best illustrated by the state’s 12.4 percent unemployment rate, third-highest in the country. This melancholy has forced responses from the candidates for governor. Californians should give their ideas careful scrutiny. In his eight-page fiscal plan, Jerry Brown offers vague and general ...
California Tax Facts 2011
State of California General Fund Tax Revenue, Fiscal Year 2010 July 1, 2009 June 30, 2010 up 5.6% from FY 2009 Source: California State Controller (p. 12) $86.58 billion California Tax Facts 2011 – Revenue Sour Personal Income Taxes $44.83 billion 52% Retail Sales and Use Taxes $26.74 billion ...
Brown’s Tax-the-Rich Mantra Won’t Work
The “w” word used by a Jerry Brown strategist to describe Meg Whitman’s alleged sellout on her pension reform proposals to public safety unions that are endorsing her dominated much of the coverage of the Oct. 12 debate. But far more important to California’s future was Brown’s own sellout to ...
Places where judges don’t allow justice to prevail
Part two of a three-part series. In 2009, the top 10 jury awards in the United States alone totaled $1.5 billion. Eight were doled out in states with the worst tort climates as measured by the U.S. Tort Liability Index. When judges and juries in the worst jurisdictions, referred to ...
Broken California
California governor Arnold Schwarzenegger recently warned that if voters approve a November initiative legalizing marijuana, the state will become a national “laughingstock.” The only thing more prevalent than non-Californians poking fun at the state’s enduring political and budget mess these days is Californians who offer counsel on how to save ...
Lawyers gone wild are killing our economy
Part one of a three-part series. Jackpot Justice – Lawyers Gone Wild from Nicholas Tucker on Vimeo. It’s a dangerous world. At least, that’s what the warning labels on common consumer products would lead us to believe. The kitchen knife package cautions against juggling knives. The superhero costume warns that ...