Business & Economics

Business & Economics

Wayne Winegarden – On the Trump Tariffs

PRI Senior Fellow in Business and Economics Dr. Wayne Winegarden joins us for a special episode with his real time analysis of the proposed (and delayed by one month) Trump tariffs on Canada, Mexico, and China. He previews his upcoming issue brief making the case that tariffs are not a ...
Business & Economics

President Trump’s Tariffs Will Harm Your Pocketbook

President Trump fired the first shot of a trade war by imposing 25% tariffs on Canada and 10% tariffs on China, which will take effect on February 4 as of this writing. It also announced 25% tariffs on Mexico, but implementation has been delayed a month while the Administration negotiates ...
Blog

Book Review: The Age of Debt Bubbles edited by Max Rangely

Today, the U.S.’s debt-to-GDP ratio (the ratio between a country’s government debt and its gross domestic product) stands at 121 percent according to the Federal Reserve Bank of St. Louis.  However, we’re not the only country at risk.  Italy is at 139 percent, Greece at 153 percent, Singapore at 176 ...
Blog

State Budget Week - Learn how the Newsom Budget Will Impact California's Tax Burden

The Newsom Budget on Taxes: Yes, Governor, California Is a High Tax State

California imposes the highest top marginal state income tax rate and one of the highest state and local sales tax rates in the country. It is simply illogical to claim that a state with the highest income tax rate and a very high state and local sales tax rates is ...
Blog

Will South Korea Survive?

READ THE PDF Will South Korea Survive? On December 27, the National Assembly, South Korea’s unicameral legislature, passed a motion impeaching Acting President Han Duck-soo, the first impeachment of an acting president in the history of the Republic of Korea. Now, nothing less than the continuation of democracy on the ...
Blog

Restaurant Minimum Wage Hurting Businesses and the Workers Proponents Seek to Help

In August 2024, Gov. Gavin Newsom took an erroneous victory lap celebrating his policy to raise the minimum wage for fast food workers. The law, AB 1228, effective in April, raised the minimum wage to $20 per hour for fast food workers. Citing preliminary federal data, Newsom claimed California gained ...
Blog

Spending Watch

A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty

A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty Wayne Winegarden and Nikhil Agarwal December 2024 2024 was a good year for proponents of a universal basic income (UBI). Following the 2019 experiment in Stockton, UBI pilot programs are underway across cities in ...
Blog

The Gordon Chang Report–Why China Believes Taiwan Is An Existential Threat

READ THE PDF Why China Believes Taiwan is an Existential Threat “The reunification of the motherland is a historical inevitability,” Xi Jinping proclaimed in his 2024 New Year’s address, referring to Taiwan.[1] China’s annexation of Taiwan as its 34th province, however, is by no means guaranteed. So far, Taiwan—officially the ...
Business & Economics

Learn more about Trump's tax plan

How Trump’s Tax Plan Could Affect the Middle Class

Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
Business & Economics

Tevi Troy – The Power and the Money

This week, Tevi Troy – acclaimed presidential historian, former White House aide and Deputy Secretary of Health, joins us to discuss his terrific new book, The Power and the Money:  The Epic Clashes Between Commanders in Chief and Titans of Industry.  Plus Rowena and Tim discuss the latest Trump cabinet ...
Business & Economics

Wayne Winegarden – On the Trump Tariffs

PRI Senior Fellow in Business and Economics Dr. Wayne Winegarden joins us for a special episode with his real time analysis of the proposed (and delayed by one month) Trump tariffs on Canada, Mexico, and China. He previews his upcoming issue brief making the case that tariffs are not a ...
Business & Economics

President Trump’s Tariffs Will Harm Your Pocketbook

President Trump fired the first shot of a trade war by imposing 25% tariffs on Canada and 10% tariffs on China, which will take effect on February 4 as of this writing. It also announced 25% tariffs on Mexico, but implementation has been delayed a month while the Administration negotiates ...
Blog

Book Review: The Age of Debt Bubbles edited by Max Rangely

Today, the U.S.’s debt-to-GDP ratio (the ratio between a country’s government debt and its gross domestic product) stands at 121 percent according to the Federal Reserve Bank of St. Louis.  However, we’re not the only country at risk.  Italy is at 139 percent, Greece at 153 percent, Singapore at 176 ...
Blog

State Budget Week - Learn how the Newsom Budget Will Impact California's Tax Burden

The Newsom Budget on Taxes: Yes, Governor, California Is a High Tax State

California imposes the highest top marginal state income tax rate and one of the highest state and local sales tax rates in the country. It is simply illogical to claim that a state with the highest income tax rate and a very high state and local sales tax rates is ...
Blog

Will South Korea Survive?

READ THE PDF Will South Korea Survive? On December 27, the National Assembly, South Korea’s unicameral legislature, passed a motion impeaching Acting President Han Duck-soo, the first impeachment of an acting president in the history of the Republic of Korea. Now, nothing less than the continuation of democracy on the ...
Blog

Restaurant Minimum Wage Hurting Businesses and the Workers Proponents Seek to Help

In August 2024, Gov. Gavin Newsom took an erroneous victory lap celebrating his policy to raise the minimum wage for fast food workers. The law, AB 1228, effective in April, raised the minimum wage to $20 per hour for fast food workers. Citing preliminary federal data, Newsom claimed California gained ...
Blog

Spending Watch

A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty

A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty Wayne Winegarden and Nikhil Agarwal December 2024 2024 was a good year for proponents of a universal basic income (UBI). Following the 2019 experiment in Stockton, UBI pilot programs are underway across cities in ...
Blog

The Gordon Chang Report–Why China Believes Taiwan Is An Existential Threat

READ THE PDF Why China Believes Taiwan is an Existential Threat “The reunification of the motherland is a historical inevitability,” Xi Jinping proclaimed in his 2024 New Year’s address, referring to Taiwan.[1] China’s annexation of Taiwan as its 34th province, however, is by no means guaranteed. So far, Taiwan—officially the ...
Business & Economics

Learn more about Trump's tax plan

How Trump’s Tax Plan Could Affect the Middle Class

Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
Business & Economics

Tevi Troy – The Power and the Money

This week, Tevi Troy – acclaimed presidential historian, former White House aide and Deputy Secretary of Health, joins us to discuss his terrific new book, The Power and the Money:  The Epic Clashes Between Commanders in Chief and Titans of Industry.  Plus Rowena and Tim discuss the latest Trump cabinet ...
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