Business & Economics

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The Infrastructure Bill – What’s in it for California

Of the Senate’s $1.1 trillion infrastructure bill, California expects to receive at least $39.4 billion over the next five years to help rebuild its roads and bridges, and to improve public transportation. The problem is, writes Reason’s Adrian Moore in PRI’s new book Saving California, “Infrastructure takes long-term thinking, planning, ...
Blog

Larry Elder Says the Ideal Minimum Wage Should Be $0.00 – Why Is This Controversial? It Shouldn’t Be

Judging from the reaction to Larry Elder’s comment that the appropriate minimum wage is zero, one would think he had suggested harvesting California’s iconic giant sequoias or closing the Golden Gate Bridge. But what the radio talk show host and gubernatorial recall candidate said should not have stirred controversy. The ...
Blog

Olympic Fashion: Red, White, Blue . . . and Green

These days, many of us have been glued to the screen, watching unfold the thrill of victory and the agony of defeat.  However, there is one human drama that’s getting little attention – Olympic fashion.  I don’t mean the gold lamé cape worn by Angola flag bearer and handball player ...
Blog

It’s Finally Infrastructure Week . . . But Is That a Good Thing?

At long last, it’s finally “Infrastructure Week.” On Wednesday, a group of Republican and Democrat senators resolved their final differences with President Biden and reached a long-elusive agreement on a bipartisan infrastructure bill authorizing $550 billion in new spending over 5 years.  Later that night, the Senate voted 67 to ...
Business & Economics

It’s The Private, Not Public, Sector That Will Overcome Our Challenges

Whether it is investing in infrastructure or addressing the ongoing coronavirus pandemic, President Biden and the Democratic Congress continue to believe that the government is the main driver of growth and innovation. This errant belief threatens our fiscal solvency and our ability to solve the serious problems we face as ...
Blog

Tax Cuts, the “New New Thing”, but not for Californians

COVID-19 launched a whole host of trends, from house remodeling to restaurant delivery to working from home.  But who knew that tax relief would become in vogue?  Thanks to revenue windfalls and the prospect of employees working from anywhere, state tax-cuts have been sweeping the nation. The Tax Foundation reports ...
California

California Government Awash in Money Now, But a Reckoning Lies Ahead

Did a member of the California Legislature inadvertently, and quite publicly, admit that “progressive” governance is unsustainable? While discussing the state’s eviction protections and financial aid for renters during a CalMatters podcast, Assemblyman David Chiu, a San Francisco Democrat, said “If we run out of money, all bets are off.” This ...
Business & Economics

The SEC Is Considering Rules That Would Discourage Transparency And Encourage Inaccuracy

The SEC, under former Chairman Jay Clayton, issued a rule that improved the proxy advisory services market by promoting transparency and holding proxy firms more accountable for inaccuracies. Rather than implementing the necessary improvements to these reforms, Chairman Gary Gensler intends to roll-back the progress already made. Proxy advisory firms ...
Agriculture

Biden, Psaki Add to White House “Dog Days of Summer”

A couple of weeks ago, White House press secretary Jen Psaki said that the White House was working with Facebook and other social media companies to target accounts spreading misinformation. Reaction to her comments and answers from reporters varied, but the lasting takeaway is that misinformation on social media is ...
Blog

CAPITAL IDEAS: More of California’s Big Cities on the Way to Becoming Next Detroit

DOWNLOAD PDF Two waves have rolled through California in 2021. One so hot that high temperature records were set throughout the state. The other so chilling that stores have shortened their hours and even closed altogether to avoid it. By now, the video of a shoplifter last month filling what ...
Blog

The Infrastructure Bill – What’s in it for California

Of the Senate’s $1.1 trillion infrastructure bill, California expects to receive at least $39.4 billion over the next five years to help rebuild its roads and bridges, and to improve public transportation. The problem is, writes Reason’s Adrian Moore in PRI’s new book Saving California, “Infrastructure takes long-term thinking, planning, ...
Blog

Larry Elder Says the Ideal Minimum Wage Should Be $0.00 – Why Is This Controversial? It Shouldn’t Be

Judging from the reaction to Larry Elder’s comment that the appropriate minimum wage is zero, one would think he had suggested harvesting California’s iconic giant sequoias or closing the Golden Gate Bridge. But what the radio talk show host and gubernatorial recall candidate said should not have stirred controversy. The ...
Blog

Olympic Fashion: Red, White, Blue . . . and Green

These days, many of us have been glued to the screen, watching unfold the thrill of victory and the agony of defeat.  However, there is one human drama that’s getting little attention – Olympic fashion.  I don’t mean the gold lamé cape worn by Angola flag bearer and handball player ...
Blog

It’s Finally Infrastructure Week . . . But Is That a Good Thing?

At long last, it’s finally “Infrastructure Week.” On Wednesday, a group of Republican and Democrat senators resolved their final differences with President Biden and reached a long-elusive agreement on a bipartisan infrastructure bill authorizing $550 billion in new spending over 5 years.  Later that night, the Senate voted 67 to ...
Business & Economics

It’s The Private, Not Public, Sector That Will Overcome Our Challenges

Whether it is investing in infrastructure or addressing the ongoing coronavirus pandemic, President Biden and the Democratic Congress continue to believe that the government is the main driver of growth and innovation. This errant belief threatens our fiscal solvency and our ability to solve the serious problems we face as ...
Blog

Tax Cuts, the “New New Thing”, but not for Californians

COVID-19 launched a whole host of trends, from house remodeling to restaurant delivery to working from home.  But who knew that tax relief would become in vogue?  Thanks to revenue windfalls and the prospect of employees working from anywhere, state tax-cuts have been sweeping the nation. The Tax Foundation reports ...
California

California Government Awash in Money Now, But a Reckoning Lies Ahead

Did a member of the California Legislature inadvertently, and quite publicly, admit that “progressive” governance is unsustainable? While discussing the state’s eviction protections and financial aid for renters during a CalMatters podcast, Assemblyman David Chiu, a San Francisco Democrat, said “If we run out of money, all bets are off.” This ...
Business & Economics

The SEC Is Considering Rules That Would Discourage Transparency And Encourage Inaccuracy

The SEC, under former Chairman Jay Clayton, issued a rule that improved the proxy advisory services market by promoting transparency and holding proxy firms more accountable for inaccuracies. Rather than implementing the necessary improvements to these reforms, Chairman Gary Gensler intends to roll-back the progress already made. Proxy advisory firms ...
Agriculture

Biden, Psaki Add to White House “Dog Days of Summer”

A couple of weeks ago, White House press secretary Jen Psaki said that the White House was working with Facebook and other social media companies to target accounts spreading misinformation. Reaction to her comments and answers from reporters varied, but the lasting takeaway is that misinformation on social media is ...
Blog

CAPITAL IDEAS: More of California’s Big Cities on the Way to Becoming Next Detroit

DOWNLOAD PDF Two waves have rolled through California in 2021. One so hot that high temperature records were set throughout the state. The other so chilling that stores have shortened their hours and even closed altogether to avoid it. By now, the video of a shoplifter last month filling what ...
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