Business & Economics
Business & Economics
California’s ‘Spending Limit’ Is A Sham
The outlook for the California economy is dreadful, driven by a deeply perverse tax and regulatory environment, combined with Governor Arnold Schwarzenegger’s highly successful five-year effort to avoid hard choices. And so the state budget, the utter profligacy of which for years has been papered over with accounting tricks and ...
Benjamin Zycher
April 14, 2009
Business & Economics
Must Read: WSJ’s Steve Moore On Proposition 1A “Not So Golden”
A “must read” by Steve Moore, the lead economics writer for the Wall Street Journal’s Opinion Page… Not So Golden SAN DIEGO, Calif. — A key component of the budget deal that California’s Republican Governor Arnold Schwarzenegger struck with the Democrats earlier this year was a ballot initiative to limit ...
John Fleishman
April 14, 2009
Business & Economics
Obama’s radical economic remake promises gloomy future
President Barack Obama’s budget plan illustrates the degree to which he wants to reconstruct the U.S. economy. So radical are the changes of Obamanomics, and so at odds with historical experience, that the next few months may very well decide the economic future of the United States for a generation. ...
Jason Clemens
April 14, 2009
Business & Economics
Will ObamaNomics work? A debate between a liberal and a Libertarian
Robert P. Murphy, Senior Fellow in Business and Economic Studies, debates Dean Baker, co-director of the Center for Economic and Policy Research in Washington, DC., in this NPR radio show “Work with Marty Nemko” hosted by Marty Nemko. The topic: Will ObamaNomics work?
Pacific Research Institute
April 12, 2009
Business & Economics
Obama Misreads His Mandate
Reagan didn’t assume his landslide was a license for whatever he wanted. President Barack Obama’s honeymoon period seems to have ended quickly. That’s because Mr. Obama doesn’t grasp the essentials of presidential leadership. Rather than making a compelling case for his economic policies, he has resorted to curt rebuffs, such ...
Steven F. Hayward
April 11, 2009
Business & Economics
California commission considers tax changes
It seemed appropriate that a panel examining ways to overhaul the state’s tax structure met Thursday in the academic confines of UC Davis rather than the politically charged Capitol. The discussion focused on the theoretical, from examining the merits of a flat income tax to considering a “split-roll” property tax ...
Kevin Yamamura
April 10, 2009
Business & Economics
Consider the evidence, not rhetoric, on proposed ‘card check’ legislation
The Employee Free Choice Act, which represents fundamental reform of labor laws, is ostensibly dead – for now. It will soon re-emerge because it remains a priority for unions and many Democrats. For average workers, however, it constitutes a real problem. “Card check,” as the legislation is known, would eliminate ...
Jason Clemens
April 10, 2009
Commentary
Feel the Momentum
National Review, April 8, 2009 At yesterday’s White House–sponsored Regional Health Forum in Los Angeles, everyone from California governor Arnold Schwarzenegger to celebrity doctor Mehmet Oz called for immediate action on health-care reform. President Obama’s Domestic Policy Council director, Melody Barnes, said that she could “feel the momentum” for health ...
John R. Graham
April 8, 2009
Business & Economics
Report Card for the Diversity Racket
I do not know Charlotte Westerhaus but I do have some sympathy for her. The duties of her job, “vice president for diversity and inclusion” for the National Collegiate Athletic Association, include replying to charges that in 2008 the NCAA “lost ground for both their record for gender hiring practices ...
Sally C. Pipes
April 7, 2009
Business & Economics
That Voodoo That You Do So Well
Before the Motion Picture Academy handed out its latest awards, and before the legislature passed the alleged budget fix, the reviews were already coming in on California. They are less than stellar but well worth attention. “California makes Washington, DC, look like a model of fiscal probity,” ran the sub-head ...
K. Lloyd Billingsley
April 4, 2009
California’s ‘Spending Limit’ Is A Sham
The outlook for the California economy is dreadful, driven by a deeply perverse tax and regulatory environment, combined with Governor Arnold Schwarzenegger’s highly successful five-year effort to avoid hard choices. And so the state budget, the utter profligacy of which for years has been papered over with accounting tricks and ...
Must Read: WSJ’s Steve Moore On Proposition 1A “Not So Golden”
A “must read” by Steve Moore, the lead economics writer for the Wall Street Journal’s Opinion Page… Not So Golden SAN DIEGO, Calif. — A key component of the budget deal that California’s Republican Governor Arnold Schwarzenegger struck with the Democrats earlier this year was a ballot initiative to limit ...
Obama’s radical economic remake promises gloomy future
President Barack Obama’s budget plan illustrates the degree to which he wants to reconstruct the U.S. economy. So radical are the changes of Obamanomics, and so at odds with historical experience, that the next few months may very well decide the economic future of the United States for a generation. ...
Will ObamaNomics work? A debate between a liberal and a Libertarian
Robert P. Murphy, Senior Fellow in Business and Economic Studies, debates Dean Baker, co-director of the Center for Economic and Policy Research in Washington, DC., in this NPR radio show “Work with Marty Nemko” hosted by Marty Nemko. The topic: Will ObamaNomics work?
Obama Misreads His Mandate
Reagan didn’t assume his landslide was a license for whatever he wanted. President Barack Obama’s honeymoon period seems to have ended quickly. That’s because Mr. Obama doesn’t grasp the essentials of presidential leadership. Rather than making a compelling case for his economic policies, he has resorted to curt rebuffs, such ...
California commission considers tax changes
It seemed appropriate that a panel examining ways to overhaul the state’s tax structure met Thursday in the academic confines of UC Davis rather than the politically charged Capitol. The discussion focused on the theoretical, from examining the merits of a flat income tax to considering a “split-roll” property tax ...
Consider the evidence, not rhetoric, on proposed ‘card check’ legislation
The Employee Free Choice Act, which represents fundamental reform of labor laws, is ostensibly dead – for now. It will soon re-emerge because it remains a priority for unions and many Democrats. For average workers, however, it constitutes a real problem. “Card check,” as the legislation is known, would eliminate ...
Feel the Momentum
National Review, April 8, 2009 At yesterday’s White House–sponsored Regional Health Forum in Los Angeles, everyone from California governor Arnold Schwarzenegger to celebrity doctor Mehmet Oz called for immediate action on health-care reform. President Obama’s Domestic Policy Council director, Melody Barnes, said that she could “feel the momentum” for health ...
Report Card for the Diversity Racket
I do not know Charlotte Westerhaus but I do have some sympathy for her. The duties of her job, “vice president for diversity and inclusion” for the National Collegiate Athletic Association, include replying to charges that in 2008 the NCAA “lost ground for both their record for gender hiring practices ...
That Voodoo That You Do So Well
Before the Motion Picture Academy handed out its latest awards, and before the legislature passed the alleged budget fix, the reviews were already coming in on California. They are less than stellar but well worth attention. “California makes Washington, DC, look like a model of fiscal probity,” ran the sub-head ...