Business & Economics
Business & Economics
“The Spending-Industrial Complex” and the Future of California
SACRAMENTO – California’s current crisis, worst since the 1930s, has spurred talk of revising the state constitution. Legislators so inclined might first consider recommendations from the 1996 California Constitution Revision Committee, subject of a July 10 lecture by Fred Silva at the University of California’s Sacramento Center. Mr. Silva was ...
Business & Economics
Obama Misunderestimates Why He Won the Presidency
There are limits to what a great communicator can accomplish if he is communicating the wrong message. In the last few weeks, Barack Obama has been receiving a lesson in this truth and learning, perhaps, too, that he, in the words of his less audibly gifted predecessor, “misunderestimated” why he ...
Business & Economics
Cut the Budget, Arnold
Could things get any worse for California’s economy? State unemployment in June jumped to 11.6 percent — the highest rate on record, and among the top six nationally. Frantic negotiations between Governor Schwarzenegger and Sacramento lawmakers have yielded a deal to meet the government’s $26-billion budget shortfall, but as of ...
Commentary
Sally C. Pipes: Texas-style health care reform is bigger and better
President Obama’s campaign for healthcare reform has run into an unexpected roadblock — other Democrats. And, Senate Majority Leader Harry Reid, D-NV, said yesterday that the Senate would not be voting on a bill prior to the August recess. The president wanted to get a bill passed before the recess ...
Business & Economics
Pension Calculus Draws New Scrutiny
A California dustup over large pension payments is shining a spotlight on the practice of spiking — increasing a salary just before retirement and boosting the lifelong payout. Pete Nowicki had been making $186,000 shortly before he retired in January as chief for a fire department shared by the municipalities ...
Business & Economics
Staggering Statistics Scream for Dramatic Policy Changes
New unemployment statistics are the latest in a seemingly endless series of reminders of Michigan’s economic woes and policy miscalculations. The state’s unemployment rate leapt to 15.2 percent in June, the 40th consecutive month Michigan has had the highest unemployment rate in the nation. To put things in even greater ...
Business & Economics
Obama fast becoming Canada’s best friend
Canada has a new secret weapon. His name is Barack Obama. At least, that’s one interpretation of negative fiscal consequences likely to flow from the Democratic president’s ambitious, big-ticket government agenda and not a far-fetched one at that. According to an analysis offered last week by economist Jason Clemens, research ...
Business & Economics
Labor Day in California: Not Much to Celebrate
Californians work hard and Labor Day will provide them with a much needed break. The festivities, however, should not overshadow a disturbing reality. Nowhere are California’s economic problems more serious than in our labor market. The best known and perhaps most watched labor statistic is the unemployment rate. California’s unemployment ...
Business & Economics
The Pacific Research Institute Introduces the California Enterprise Value Index
CEVI Peaked 10 Years Ago – On a Three-Year Downward Trend San Francisco, July 9, 2009 – The Pacific Research Institute (PRI) announced today the introduction of the California Enterprise Value Index, a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV ...
Business & Economics
California Enterprise Value Index
The California Enterprise Value Index is a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV of all U.S. publicly traded companies. This is the first measure in an ongoing series. “The Index is a barometer of the relative underperformance or overperformance ...
“The Spending-Industrial Complex” and the Future of California
SACRAMENTO – California’s current crisis, worst since the 1930s, has spurred talk of revising the state constitution. Legislators so inclined might first consider recommendations from the 1996 California Constitution Revision Committee, subject of a July 10 lecture by Fred Silva at the University of California’s Sacramento Center. Mr. Silva was ...
Obama Misunderestimates Why He Won the Presidency
There are limits to what a great communicator can accomplish if he is communicating the wrong message. In the last few weeks, Barack Obama has been receiving a lesson in this truth and learning, perhaps, too, that he, in the words of his less audibly gifted predecessor, “misunderestimated” why he ...
Cut the Budget, Arnold
Could things get any worse for California’s economy? State unemployment in June jumped to 11.6 percent — the highest rate on record, and among the top six nationally. Frantic negotiations between Governor Schwarzenegger and Sacramento lawmakers have yielded a deal to meet the government’s $26-billion budget shortfall, but as of ...
Sally C. Pipes: Texas-style health care reform is bigger and better
President Obama’s campaign for healthcare reform has run into an unexpected roadblock — other Democrats. And, Senate Majority Leader Harry Reid, D-NV, said yesterday that the Senate would not be voting on a bill prior to the August recess. The president wanted to get a bill passed before the recess ...
Pension Calculus Draws New Scrutiny
A California dustup over large pension payments is shining a spotlight on the practice of spiking — increasing a salary just before retirement and boosting the lifelong payout. Pete Nowicki had been making $186,000 shortly before he retired in January as chief for a fire department shared by the municipalities ...
Staggering Statistics Scream for Dramatic Policy Changes
New unemployment statistics are the latest in a seemingly endless series of reminders of Michigan’s economic woes and policy miscalculations. The state’s unemployment rate leapt to 15.2 percent in June, the 40th consecutive month Michigan has had the highest unemployment rate in the nation. To put things in even greater ...
Obama fast becoming Canada’s best friend
Canada has a new secret weapon. His name is Barack Obama. At least, that’s one interpretation of negative fiscal consequences likely to flow from the Democratic president’s ambitious, big-ticket government agenda and not a far-fetched one at that. According to an analysis offered last week by economist Jason Clemens, research ...
Labor Day in California: Not Much to Celebrate
Californians work hard and Labor Day will provide them with a much needed break. The festivities, however, should not overshadow a disturbing reality. Nowhere are California’s economic problems more serious than in our labor market. The best known and perhaps most watched labor statistic is the unemployment rate. California’s unemployment ...
The Pacific Research Institute Introduces the California Enterprise Value Index
CEVI Peaked 10 Years Ago – On a Three-Year Downward Trend San Francisco, July 9, 2009 – The Pacific Research Institute (PRI) announced today the introduction of the California Enterprise Value Index, a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV ...
California Enterprise Value Index
The California Enterprise Value Index is a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV of all U.S. publicly traded companies. This is the first measure in an ongoing series. “The Index is a barometer of the relative underperformance or overperformance ...
