Business & Economics

California

Reform Misguided Laws, Don’t Raise Minimum Wage, to Address California’s High Cost of Living

California isn’t yet finished hiking the minimum wage from the last bill that increased it to $15 an hour starting in 2023 for all businesses, and now comes another proposal to move it to $18. Imagine the response from companies struggling to keep up with current payrolls when they hear ...
Blog

Is Gann Limit Next Item on Budget Chopping Block?

Last week, I wrote about the “key values” put forward by Senate Democrats for their approach to the 2022-23 state budget process.  Assembly Democrats quickly followed up by releasing their own “budget blueprint,” which like their Senate counterparts, would spend the state’s budget surplus largely on new and expanded government ...
Blog

Breaking Down Barriers to Opportunity Would Do More to Build ‘Equitable’ California Than Higher Spending

Shortly after the New Year’s holiday, Gov. Gavin Newsom will kick off “state budget season” when he releases his 2022-23 state budget proposal on January 10. In a sign that perhaps lawmakers won’t be ceding as much of the spotlight to Newsom in 2022 that they have in 2021, Democratic ...
Blog

One Indicator Shows California’s Recovery Is Incomplete

Despite assurances that California’s economy is a treasure to behold – “We are world-beating in terms of our economic growth,” says Gov. Gavin Newsom – the post-pandemic recovery has a gaping hole in it. State unemployment is the highest in the country. Federal data for October show that the jobless ...
California

NEW STUDY: Government Fees ‘Nickel and Dime’ Californians Out of Hundreds of Dollars Per Year

  California “nickel and dimes” consumers with hundreds of dollars in fees annually for under-utilized services, and their repeal would give relief from the high cost-of-living and make fees more efficient and accountable, finds a new study released today by California-based, nonpartisan, free-market think tank, the Pacific Research Institute. “While ...
Agriculture

How well do you know your federal government? Take the Deep State Quiz

Our colleagues at Open The Books did a deep dive into the deep state with their outstanding new report: Mapping the Swamp: A Study of the Administrative State, FY 2020.  This eye-popping report shows just how big and bloated — not to mention costly — the federal government has become.  ...
Business & Economics

Wayne Winegarden talks entrepreneurship series on Live from Seattle

Dr. Wayne Winegarden, PRI senior fellow in business and economics, discusses the Breaking Down Barriers to Opportunity series on entrepreneurship on “Live from Seattle” with host Tim Gaydos on KGNW Radio in Seattle.
Blog

CA Lawmakers Proposed $236 Billion+ in New Taxes Despite Record Revenue

Despite taking in record state tax revenue over the past year, California lawmakers proposed more than $236.4 billion in new taxes and fees in 2021, finds the annual “Tax and Fee Report” just released by the California Tax Foundation. Over the past twelve months, lawmakers proposed 74 different tax and ...
Blog

‘Workers’ Who Don’t Complain When They Don’t Make The Minimum Wage

With California losing a seat in the U.S. House because due to its flat population growth, maybe Sacramento should try to convince Washington to count robots as residents in the next census. Because they’re on their way. In the first nine months of 2021, North American companies “added a record ...
Business & Economics

New Federal Spending Will Hurt Entrepreneurs More Than It Helps

By Kerry Jackson and Wayne Winegarden Since the earliest days of the coronavirus pandemic, Washington has authorized nearly $6 trillion in new outlays. Much of it was directed toward helping small businesses. But are America’s entrepreneurs better off for this big spending? The evidence says no. Massive expenditures, which could ...
California

Reform Misguided Laws, Don’t Raise Minimum Wage, to Address California’s High Cost of Living

California isn’t yet finished hiking the minimum wage from the last bill that increased it to $15 an hour starting in 2023 for all businesses, and now comes another proposal to move it to $18. Imagine the response from companies struggling to keep up with current payrolls when they hear ...
Blog

Is Gann Limit Next Item on Budget Chopping Block?

Last week, I wrote about the “key values” put forward by Senate Democrats for their approach to the 2022-23 state budget process.  Assembly Democrats quickly followed up by releasing their own “budget blueprint,” which like their Senate counterparts, would spend the state’s budget surplus largely on new and expanded government ...
Blog

Breaking Down Barriers to Opportunity Would Do More to Build ‘Equitable’ California Than Higher Spending

Shortly after the New Year’s holiday, Gov. Gavin Newsom will kick off “state budget season” when he releases his 2022-23 state budget proposal on January 10. In a sign that perhaps lawmakers won’t be ceding as much of the spotlight to Newsom in 2022 that they have in 2021, Democratic ...
Blog

One Indicator Shows California’s Recovery Is Incomplete

Despite assurances that California’s economy is a treasure to behold – “We are world-beating in terms of our economic growth,” says Gov. Gavin Newsom – the post-pandemic recovery has a gaping hole in it. State unemployment is the highest in the country. Federal data for October show that the jobless ...
California

NEW STUDY: Government Fees ‘Nickel and Dime’ Californians Out of Hundreds of Dollars Per Year

  California “nickel and dimes” consumers with hundreds of dollars in fees annually for under-utilized services, and their repeal would give relief from the high cost-of-living and make fees more efficient and accountable, finds a new study released today by California-based, nonpartisan, free-market think tank, the Pacific Research Institute. “While ...
Agriculture

How well do you know your federal government? Take the Deep State Quiz

Our colleagues at Open The Books did a deep dive into the deep state with their outstanding new report: Mapping the Swamp: A Study of the Administrative State, FY 2020.  This eye-popping report shows just how big and bloated — not to mention costly — the federal government has become.  ...
Business & Economics

Wayne Winegarden talks entrepreneurship series on Live from Seattle

Dr. Wayne Winegarden, PRI senior fellow in business and economics, discusses the Breaking Down Barriers to Opportunity series on entrepreneurship on “Live from Seattle” with host Tim Gaydos on KGNW Radio in Seattle.
Blog

CA Lawmakers Proposed $236 Billion+ in New Taxes Despite Record Revenue

Despite taking in record state tax revenue over the past year, California lawmakers proposed more than $236.4 billion in new taxes and fees in 2021, finds the annual “Tax and Fee Report” just released by the California Tax Foundation. Over the past twelve months, lawmakers proposed 74 different tax and ...
Blog

‘Workers’ Who Don’t Complain When They Don’t Make The Minimum Wage

With California losing a seat in the U.S. House because due to its flat population growth, maybe Sacramento should try to convince Washington to count robots as residents in the next census. Because they’re on their way. In the first nine months of 2021, North American companies “added a record ...
Business & Economics

New Federal Spending Will Hurt Entrepreneurs More Than It Helps

By Kerry Jackson and Wayne Winegarden Since the earliest days of the coronavirus pandemic, Washington has authorized nearly $6 trillion in new outlays. Much of it was directed toward helping small businesses. But are America’s entrepreneurs better off for this big spending? The evidence says no. Massive expenditures, which could ...
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