Business & Economics
Business & Economics
The annual budget paradox: taxes hit Dems, cuts hit Reeps
One knock against politicians is that they’re always trying to bring pork back to their districts. But when it comes to California’s annual Kabuki budget dance, a new pattern emerges: Republicans try to cut spending-often even money likely to flow to their own districts-while Democrats try to pass taxes that ...
Malcolm Maclachlan
July 31, 2008
Business & Economics
Impact – July 2008
PRI Ideas in Action – July 2008 Policy Update and Monthly Impact Report PRI continues to impact public policy in California, the nation, and abroad. Click below to view PRI’s recent contributions.
Pacific Research Institute
July 31, 2008
Business & Economics
California’s Spending Binge Breaks Budget
California’s budget deficit has ballooned to more than $15 billion. Recently Democratic lawmakers proposed to close the gap by – you guessed it – hiking taxes on the wealthy. Yet a quick review of the facts suggests that spending cuts are a much more sensible solution. On the tax side, ...
Robert P. Murphy
July 30, 2008
Business & Economics
Increasing Liability Risks Threaten Growth and Trouble Boards
A study conducted by Lloyds, a London based insurance market, reveals that board members are increasingly concerned about the increasing number of corporate litigation cases facing the boards and the escalating cost in mitigating such risks. “Among the companies surveyed, almost seven in ten have faced lawsuits in the past ...
Fayazuddin A Shirazi
July 29, 2008
Business & Economics
Google/Yahoo deal debris
Is what’s good for the goose also good for the Google? The Senate Antitrust Subcommittee just investigated a proposed partnership between Google and Yahoo, the two most visited properties on the Internet. Though the deal could consolidate more than 90 percent of an $11-billion search and advertising industry, Google insisted ...
Daniel R. Ballon
July 27, 2008
Business & Economics
Congress aims to rob consumers and reward major retailers
The Herald (Bourbonnais, IL), July 22, 2008 A recent survey found Americans rank skyrocketing gas prices as their most serious economic concern. The House Judiciary Committee will soon consider a proposal to put more money in the pockets of gas station owners and major retailers, while raising the interest rates ...
Daniel R. Ballon
July 26, 2008
Business & Economics
Ban the Man?
Next month the world’s athletes gather in Beijing, what we used to call Peking, for the XXIX Olympics, this iteration bearing the slogan “One World, One Dream.” One outstanding American athlete had a dream to compete in these Olympics, but will not be doing so. It’s not because of drugs, ...
Sally C. Pipes
July 25, 2008
Business & Economics
Fined if You Do, Fined if You Don’t
The European Union recently slapped Microsoft with a penalty of $1.3 billion, the largest fine ever levied against a single company. The timing is curious because the penalty was issued just a week after Microsoft posted on the Internet over 30,000 pages of its most closely held trade secrets. This ...
Daniel R. Ballon
July 25, 2008
Business & Economics
Phoenix: Not so free, not so unfree
July 24, 2008 Disloyal Opposition Blog, Phoenix isn’t a terrible place when it comes to personal freedom. It’s not so great either, despite Arizona’s overstated Wild-West reputation. Reason magazine’s Radley Balko raised a fuss in Chicago with his column in the Chicago Tribune taking that city to task for “treating ...
J.D. Tuccille
July 24, 2008
Business & Economics
Speaker criticizes N.J. climate for firms facing suits
New Jersey’s legal environment is one of the worst in the nation for a business defending itself against a tort lawsuit, and the climate can stunt a state’s job creation and economic growth, a trade group heard. The claim was made at a New Brunswick forum organized by the Trenton-based ...
Hugh D. Morely
July 24, 2008
The annual budget paradox: taxes hit Dems, cuts hit Reeps
One knock against politicians is that they’re always trying to bring pork back to their districts. But when it comes to California’s annual Kabuki budget dance, a new pattern emerges: Republicans try to cut spending-often even money likely to flow to their own districts-while Democrats try to pass taxes that ...
Impact – July 2008
PRI Ideas in Action – July 2008 Policy Update and Monthly Impact Report PRI continues to impact public policy in California, the nation, and abroad. Click below to view PRI’s recent contributions.
California’s Spending Binge Breaks Budget
California’s budget deficit has ballooned to more than $15 billion. Recently Democratic lawmakers proposed to close the gap by – you guessed it – hiking taxes on the wealthy. Yet a quick review of the facts suggests that spending cuts are a much more sensible solution. On the tax side, ...
Increasing Liability Risks Threaten Growth and Trouble Boards
A study conducted by Lloyds, a London based insurance market, reveals that board members are increasingly concerned about the increasing number of corporate litigation cases facing the boards and the escalating cost in mitigating such risks. “Among the companies surveyed, almost seven in ten have faced lawsuits in the past ...
Google/Yahoo deal debris
Is what’s good for the goose also good for the Google? The Senate Antitrust Subcommittee just investigated a proposed partnership between Google and Yahoo, the two most visited properties on the Internet. Though the deal could consolidate more than 90 percent of an $11-billion search and advertising industry, Google insisted ...
Congress aims to rob consumers and reward major retailers
The Herald (Bourbonnais, IL), July 22, 2008 A recent survey found Americans rank skyrocketing gas prices as their most serious economic concern. The House Judiciary Committee will soon consider a proposal to put more money in the pockets of gas station owners and major retailers, while raising the interest rates ...
Ban the Man?
Next month the world’s athletes gather in Beijing, what we used to call Peking, for the XXIX Olympics, this iteration bearing the slogan “One World, One Dream.” One outstanding American athlete had a dream to compete in these Olympics, but will not be doing so. It’s not because of drugs, ...
Fined if You Do, Fined if You Don’t
The European Union recently slapped Microsoft with a penalty of $1.3 billion, the largest fine ever levied against a single company. The timing is curious because the penalty was issued just a week after Microsoft posted on the Internet over 30,000 pages of its most closely held trade secrets. This ...
Phoenix: Not so free, not so unfree
July 24, 2008 Disloyal Opposition Blog, Phoenix isn’t a terrible place when it comes to personal freedom. It’s not so great either, despite Arizona’s overstated Wild-West reputation. Reason magazine’s Radley Balko raised a fuss in Chicago with his column in the Chicago Tribune taking that city to task for “treating ...
Speaker criticizes N.J. climate for firms facing suits
New Jersey’s legal environment is one of the worst in the nation for a business defending itself against a tort lawsuit, and the climate can stunt a state’s job creation and economic growth, a trade group heard. The claim was made at a New Brunswick forum organized by the Trenton-based ...