Business & Economics
Blog
Fact Checking The Governor on Manufacturing
While announcing last month the state’s Regional Investment Initiative “to fund ready-to-go projects,” Newsom’s office declared that “California is the nation’s top state for” a number of economic sectors, including manufacturing. It’s a recurring message from the governor’s press team. It is true that California has the most manufacturing jobs in the country. Federal data ...
Business & Economics
Penalizing Mergers And Acquisitions Won’t Accelerate Economic Growth
The U.S. is mired in a growth slowdown… The growth slowdown is not preordained; it is a policy driven outcome that can be reversed by implementing the right reforms. Toward this goal, a ruling by the U.S. Tax Court this past summer made small but significant progress. Read the op-ed ...
Blog
The Gordon Chang Report–China’s Car Industry Slams Into the World
READ THE PDF China’s Car Industry Slams Into the World BYD Co., the world’s largest maker of electric vehicles, reported that sales in August increased 0.2% from the same month last year. That rate was down from July’s year-on-year increase of 0.6% and the 12.0% jump in June. The company’s ...
Blog
Read the latest on California's cruelest law - Assembly Bill 5
As Legislature Does Nothing, Manicurists Become Latest Victim of AB 5
Assembly Bill 5 has no redeeming value and has caused innumerable headaches and hassles. By outlawing independent contract work, the 2019 law destroyed livelihoods and caused many to reroute their lives. A flood of complaints forced lawmakers to create exemptions for some professions and trades. One of those carve-outs, for ...
Business & Economics
Using The Government To Crush Competitors Harms Fans And The Economy
Cronyism and industrial policy are thriving to the detriment of our economic vibrancy. Consider that between 1960 and 2007 – right before the Great Recession – the economy expanded by more than 3% annually. Recessions happened, of course, but the economy always recovered the lost ground. Read the op-ed here.
Blog
SpaceX Vs. California – Again
It took Elon Musk’s rocket company about a week to challenge the commission in court, arguing in its October filing that it was “egregiously and unlawfully overreaching its authority.” “First, the commission has engaged in naked political discrimination against” SpaceX, reads the complaint, and, second, the agency “is trying to ...
Blog
The Most-Regulated State In The Union
When the Mercatus Center last compiled its Snapshots of State Regulations, California was far ahead, or actually far behind, the next closest state, burdening residents with a combined 420,000 regulations, compared with about 300,000 for New York. Idaho, the least regulated state, imposed around 31,000 on residents. “Jurisdictions that allow regulations to consistently pile ...
Blog
The Gordon Chang Report–China is Making the World Food-Insecure
READ THE PDF China Is Making the World Food-Insecure Of all the countries in the world, only one produces all the food it needs: South America’s Guyana.[1] Does food self-sufficiency matter anymore? In a peaceful and stable period, perhaps not, because the trade in foodstuffs this century led to rising ...
Blog
The fast food minimum wage hike continues to kill jobs
Governor Newsom Protests Too Much – the Minimum Wage Increase Did Destroy Jobs
As the New York Post reported, Newsom’s deputy director of communications Tara Gallegos disputed the findings of the piece, pointing out to Fox News Digital that the research paper was linked to the Hoover Institution, a public policy think tank she claimed has published “false or misleading information” about California’s ...
Blog
California’s flawed budgeting causes routine deficits
For years analysts have warned that California’s overreliance on a roller-coaster stock market destabilizes California’s budget. During bull markets, revenues surge and Sacramento politicians commit to an unaffordable level of spending that only becomes evident when revenues inevitably crash. Rather than admitting that the spending was never affordable, the political ...
Fact Checking The Governor on Manufacturing
While announcing last month the state’s Regional Investment Initiative “to fund ready-to-go projects,” Newsom’s office declared that “California is the nation’s top state for” a number of economic sectors, including manufacturing. It’s a recurring message from the governor’s press team. It is true that California has the most manufacturing jobs in the country. Federal data ...
Penalizing Mergers And Acquisitions Won’t Accelerate Economic Growth
The U.S. is mired in a growth slowdown… The growth slowdown is not preordained; it is a policy driven outcome that can be reversed by implementing the right reforms. Toward this goal, a ruling by the U.S. Tax Court this past summer made small but significant progress. Read the op-ed ...
The Gordon Chang Report–China’s Car Industry Slams Into the World
READ THE PDF China’s Car Industry Slams Into the World BYD Co., the world’s largest maker of electric vehicles, reported that sales in August increased 0.2% from the same month last year. That rate was down from July’s year-on-year increase of 0.6% and the 12.0% jump in June. The company’s ...
Read the latest on California's cruelest law - Assembly Bill 5
As Legislature Does Nothing, Manicurists Become Latest Victim of AB 5
Assembly Bill 5 has no redeeming value and has caused innumerable headaches and hassles. By outlawing independent contract work, the 2019 law destroyed livelihoods and caused many to reroute their lives. A flood of complaints forced lawmakers to create exemptions for some professions and trades. One of those carve-outs, for ...
Using The Government To Crush Competitors Harms Fans And The Economy
Cronyism and industrial policy are thriving to the detriment of our economic vibrancy. Consider that between 1960 and 2007 – right before the Great Recession – the economy expanded by more than 3% annually. Recessions happened, of course, but the economy always recovered the lost ground. Read the op-ed here.
SpaceX Vs. California – Again
It took Elon Musk’s rocket company about a week to challenge the commission in court, arguing in its October filing that it was “egregiously and unlawfully overreaching its authority.” “First, the commission has engaged in naked political discrimination against” SpaceX, reads the complaint, and, second, the agency “is trying to ...
The Most-Regulated State In The Union
When the Mercatus Center last compiled its Snapshots of State Regulations, California was far ahead, or actually far behind, the next closest state, burdening residents with a combined 420,000 regulations, compared with about 300,000 for New York. Idaho, the least regulated state, imposed around 31,000 on residents. “Jurisdictions that allow regulations to consistently pile ...
The Gordon Chang Report–China is Making the World Food-Insecure
READ THE PDF China Is Making the World Food-Insecure Of all the countries in the world, only one produces all the food it needs: South America’s Guyana.[1] Does food self-sufficiency matter anymore? In a peaceful and stable period, perhaps not, because the trade in foodstuffs this century led to rising ...
The fast food minimum wage hike continues to kill jobs
Governor Newsom Protests Too Much – the Minimum Wage Increase Did Destroy Jobs
As the New York Post reported, Newsom’s deputy director of communications Tara Gallegos disputed the findings of the piece, pointing out to Fox News Digital that the research paper was linked to the Hoover Institution, a public policy think tank she claimed has published “false or misleading information” about California’s ...
California’s flawed budgeting causes routine deficits
For years analysts have warned that California’s overreliance on a roller-coaster stock market destabilizes California’s budget. During bull markets, revenues surge and Sacramento politicians commit to an unaffordable level of spending that only becomes evident when revenues inevitably crash. Rather than admitting that the spending was never affordable, the political ...
