Business & Economics
Blog
How to Leave Afghanistan in 4 Easy Steps
At PRI, we can’t claim to be foreign policy experts or military strategists, but as Californians, we do know something about bureaucratic nightmares. All we need look to is the scandal at the Employment Development Department, which paid out more than $30 billion in fraudulent claims (including $1 billion to ...
Agriculture
Biden’s American Families Plan Poised to Harm Families through the Death Tax
President Biden’s American Families Plan promises expansive benefits to families such as free universal preschool, two years of free community college, child tax credits, and a paid family leave program amongst many other attractive (but expensive) initiatives. Unlike the recently passed and controversial $1 trillion infrastructure bill, the new benefits ...
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 ...
How to Leave Afghanistan in 4 Easy Steps
At PRI, we can’t claim to be foreign policy experts or military strategists, but as Californians, we do know something about bureaucratic nightmares. All we need look to is the scandal at the Employment Development Department, which paid out more than $30 billion in fraudulent claims (including $1 billion to ...
Biden’s American Families Plan Poised to Harm Families through the Death Tax
President Biden’s American Families Plan promises expansive benefits to families such as free universal preschool, two years of free community college, child tax credits, and a paid family leave program amongst many other attractive (but expensive) initiatives. Unlike the recently passed and controversial $1 trillion infrastructure bill, the new benefits ...
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, ...
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 ...
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 ...
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 ...
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 ...
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 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 ...
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 ...
