Business & Economics
Business & Economics
Read the latest on carbon accounting proposals
Activists Use Shareholder Rights To Undermine Shareholders’ Interests
Led by CalPERS, the pension fund for California public workers, activist investors may oppose re-electing ExxonMobil ExxonMobil 0.0% chief executive Darren Woods to the company board. His sin: seeking greater clarification regarding proposals that shareholders have previously rejected multiple times. The issue arises because Environmental, Social, and Governance (ESG) activist investors Arjuna Capital and Follow ...
Blog
Spending Watch
May Revise Preview: Sacramento Should Learn Lessons from the 2009 Budget Crisis
May Revise Preview: Sacramento Should Learn Lessons Wayne Winegarden May 2024 Governor Newsom is finalizing the May Revision for his 2024-25 budget plan this week. As he does, the parallels between California’s 2009 budget crisis and today’s budget difficulties are too compelling to ignore. Sacramento policymakers should heed the ...
Business & Economics
Read on the negative effects of raising minimum wage
$20 Minimum Wage for Restaurant Workers is Only the Beginning
It was bound to happen. Less than a month after the $20-an-hour fast-food restaurant minimum wage kicked in, activists are demanding that all other minimum-wage workers, who got a bump to $16 an hour on Jan. 1, which will be elevated to $18 an hour if voters approve November’s Minimum ...
Blog
Should CA pay unemployment to striking workers?
Subsidizing Strikes Is The California Legislature’s Latest Anti-Growth Proposal
Worsens California’s Uncompetitive Business Environment UI benefits are not designed for workers who have voluntarily walked off the job – it is part of the social safety net system designed to help those workers who have become unemployed through no fault of their own. Expanding these benefits to workers who ...
Business & Economics
Read on the FTC's harmful regulatory overreach
Proposed Oil Mergers Will Improve Competition
Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that would have improved consumer wellbeing and promoted greater innovation. Making these regulatory actions worse, the agency has too often used dubious justifications and novel theories, even overruling their ...
Blog
Spending Watch
Expanding Unemployment Insurance Benefits – All Pain for No Gain
Expanding Unemployment Insurance Benefits – All Pain for No Gain Wayne Winegarden April 2024 SB 1434 would dramatically expand unemployment insurance benefits to current eligible workers. If implemented, it would expand benefits by over 55 percent, raise the number of workers who qualify for maximum benefits, increase the benefits for ...
Business & Economics
Read the latest asset regulation proposal
The FDIC’s Ill-Advised Regulatory Grab
Board members of the Federal Deposit Insurance Corporation (FDIC) are aptly demonstrating Einstein’s maxim that “bureaucracy is the death of all sound work”. In this case, the board is considering an expansion of the FDIC’s regulatory reach that would impose more costs on asset managers and the millions of Americans ...
Blog
Learn about Sacramento's latest anti-entrepreneurship bill
‘Right To Ignore Your Boss’ Bill Could Make Work-Life Balance Worse for Employees
Haney told the Bay Area News Group that “smartphones have blurred the boundaries between work and home life,” and that “workers shouldn’t be punished for not being available 24/7 if they are not being paid for 24 hours of work.” It’s a shockingly simplistic view of how things work in ...
Blog
Learn how much more you'll pay under $20 restaurant minimum wage
How Much Will Your Favorite Hamburger Cost After Minimum Wage Hike?
Didn’t someone say that raising the minimum wage would hurt most those it is intended to help? Yes, yes they did. And it’s been said many times. Yet here we are in the just-begun era of the $20-an-hour minimum wage and residents in the low-income district of South Los Angeles ...
Blog
Learn about the Biden budget plan
President Biden’s Fiscal Illusions
The President imagines that the federal budget is driving toward a fiscal cliff because tax revenues are too low, and the rich are not paying their fair share. Such accusations may make good political talking points, but they are demonstrably false. Let’s start with his vacuous accusation of tax fairness. ...
Read the latest on carbon accounting proposals
Activists Use Shareholder Rights To Undermine Shareholders’ Interests
Led by CalPERS, the pension fund for California public workers, activist investors may oppose re-electing ExxonMobil ExxonMobil 0.0% chief executive Darren Woods to the company board. His sin: seeking greater clarification regarding proposals that shareholders have previously rejected multiple times. The issue arises because Environmental, Social, and Governance (ESG) activist investors Arjuna Capital and Follow ...
Spending Watch
May Revise Preview: Sacramento Should Learn Lessons from the 2009 Budget Crisis
May Revise Preview: Sacramento Should Learn Lessons Wayne Winegarden May 2024 Governor Newsom is finalizing the May Revision for his 2024-25 budget plan this week. As he does, the parallels between California’s 2009 budget crisis and today’s budget difficulties are too compelling to ignore. Sacramento policymakers should heed the ...
Read on the negative effects of raising minimum wage
$20 Minimum Wage for Restaurant Workers is Only the Beginning
It was bound to happen. Less than a month after the $20-an-hour fast-food restaurant minimum wage kicked in, activists are demanding that all other minimum-wage workers, who got a bump to $16 an hour on Jan. 1, which will be elevated to $18 an hour if voters approve November’s Minimum ...
Should CA pay unemployment to striking workers?
Subsidizing Strikes Is The California Legislature’s Latest Anti-Growth Proposal
Worsens California’s Uncompetitive Business Environment UI benefits are not designed for workers who have voluntarily walked off the job – it is part of the social safety net system designed to help those workers who have become unemployed through no fault of their own. Expanding these benefits to workers who ...
Read on the FTC's harmful regulatory overreach
Proposed Oil Mergers Will Improve Competition
Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that would have improved consumer wellbeing and promoted greater innovation. Making these regulatory actions worse, the agency has too often used dubious justifications and novel theories, even overruling their ...
Spending Watch
Expanding Unemployment Insurance Benefits – All Pain for No Gain
Expanding Unemployment Insurance Benefits – All Pain for No Gain Wayne Winegarden April 2024 SB 1434 would dramatically expand unemployment insurance benefits to current eligible workers. If implemented, it would expand benefits by over 55 percent, raise the number of workers who qualify for maximum benefits, increase the benefits for ...
Read the latest asset regulation proposal
The FDIC’s Ill-Advised Regulatory Grab
Board members of the Federal Deposit Insurance Corporation (FDIC) are aptly demonstrating Einstein’s maxim that “bureaucracy is the death of all sound work”. In this case, the board is considering an expansion of the FDIC’s regulatory reach that would impose more costs on asset managers and the millions of Americans ...
Learn about Sacramento's latest anti-entrepreneurship bill
‘Right To Ignore Your Boss’ Bill Could Make Work-Life Balance Worse for Employees
Haney told the Bay Area News Group that “smartphones have blurred the boundaries between work and home life,” and that “workers shouldn’t be punished for not being available 24/7 if they are not being paid for 24 hours of work.” It’s a shockingly simplistic view of how things work in ...
Learn how much more you'll pay under $20 restaurant minimum wage
How Much Will Your Favorite Hamburger Cost After Minimum Wage Hike?
Didn’t someone say that raising the minimum wage would hurt most those it is intended to help? Yes, yes they did. And it’s been said many times. Yet here we are in the just-begun era of the $20-an-hour minimum wage and residents in the low-income district of South Los Angeles ...
Learn about the Biden budget plan
President Biden’s Fiscal Illusions
The President imagines that the federal budget is driving toward a fiscal cliff because tax revenues are too low, and the rich are not paying their fair share. Such accusations may make good political talking points, but they are demonstrably false. Let’s start with his vacuous accusation of tax fairness. ...
