Business & Economics

Business & Economics

Wayne Winegarden calls Newsom’s budget proposal a “bunch of budget gimmicks” in The Center Square

California proposes mere $8.5 billion spending cut against $68 billion deficit By Kenneth Schrupp “[The governor’s plan] seems to be a combination of some spending cuts and a bunch of budget gimmicks,” said Pacific Research Institute Senior Fellow for Business and Economics Wayne Winegarden in an interview with The Center ...
Business & Economics

Read an analysis of the 2024-25 CA proposed budget

Gov. Newsom’s proposed budget fails the moment

Governor Gavin Newsom is wrong. His proposed budget is not “resilient;” it demonstrates an inability to learn the lessons from California’s volatile budget history. The crippling deficit is merely one manifestation of the broader crisis. Newsom estimates a $37.9 billion deficit, about one-half of the nonpartisan Legislative Analyst Office’s (LAO) ...
Blog

Public pension reform needed to balance state budget

The Miracle Of Defined Contributions

The headline says “Florida has an answer” and if so there could be any number of public policy dilemmas that the state has solved, but in this case it’s government employee pensions. California also knows the answer, but there can be a sizable gap between having knowledge and applying it. ...
Business & Economics

The PRI All Stars – 2023 Year End Awards

PRI’s All Stars – Rowena Itchon, Tim Anaya, Lance Izumi, and Kerry Jackson – are back with their choices for 2023’s biggest winners and losers, in our annual tribute to the McLaughlin Group.  We hand out our choices for best and worst ideas of the year, the bummest wraps, and ...
Blog

Learn how homelessness is now hurting California pro teams

How Homelessness, Taxes Impacted Deal for Baseball’s Top Free Agent

In fact, San Francisco’s status these days as a not very desirable place to live, work, or play also played a major factor in the deal. Giants legend and future hall of famer Buster Posey, who is now a member of the team’s executive board and was involved in the ...
California

Richard Samuelson – What We Can Learn About Today’s Politics from the Boston Tea Party

  Calling all history buffs, this episode is for you!  PRI board member and Hillsdale College Associate Professor of Government Richard Samuelson joins us to discuss the anniversary of the Boston Tea Party, the events surrounding the incident, and the lessons we can learn from the Boston Tea Party about ...
Business & Economics

Ben Judge – America’s Foreign Adversaries: What would John Quincy Adams Do?

Our guest is Ben Judge, managing director of Monument Valley, a firm focused on adapting academic research for popular audiences. Ben is also the creator and executive producer of the documentary Right Makes Might: The Lincoln-Douglas Debates. We chat with Ben about his new book United and Independent: John Quincy ...
Business & Economics

Higher minimum wages hurt workers

If only someone had warned lawmakers

Starting on April 1, fast food restaurant chains that have at least 60 locations across the country must pay their workers a minimum of $20 an hour to comply with the minimum wage increase legislation passed and signed last year. But that’s not the end of it. Under Assembly Bill ...
Business & Economics

Read the latest about green investment mandates

Is CalPERS Still A Responsible Fiduciary?

Addressing global climate change is difficult and costly. Success requires an environment that encourages many ideas and experiments to flourish. Mandates from CalPERS undermines such an environment to the detriment of investors, the economy, and the environment. Read the full article at Forbes.com
Government Spending

Read about cost of latest state health care mandate

Sally Pipes Quoted in Center Square Article on $25 Health Care Minimum Wage

“Increasing the minimum wage to $23 per hour starting in 2024 and reaching $25 in 2026 for health care workers in medical facilities with 10,000 or more employees is fiscally irresponsible, particularly at a time when the state is facing a severe budget deficit,” said Sally Pipes, president and Thomas ...
Business & Economics

Wayne Winegarden calls Newsom’s budget proposal a “bunch of budget gimmicks” in The Center Square

California proposes mere $8.5 billion spending cut against $68 billion deficit By Kenneth Schrupp “[The governor’s plan] seems to be a combination of some spending cuts and a bunch of budget gimmicks,” said Pacific Research Institute Senior Fellow for Business and Economics Wayne Winegarden in an interview with The Center ...
Business & Economics

Read an analysis of the 2024-25 CA proposed budget

Gov. Newsom’s proposed budget fails the moment

Governor Gavin Newsom is wrong. His proposed budget is not “resilient;” it demonstrates an inability to learn the lessons from California’s volatile budget history. The crippling deficit is merely one manifestation of the broader crisis. Newsom estimates a $37.9 billion deficit, about one-half of the nonpartisan Legislative Analyst Office’s (LAO) ...
Blog

Public pension reform needed to balance state budget

The Miracle Of Defined Contributions

The headline says “Florida has an answer” and if so there could be any number of public policy dilemmas that the state has solved, but in this case it’s government employee pensions. California also knows the answer, but there can be a sizable gap between having knowledge and applying it. ...
Business & Economics

The PRI All Stars – 2023 Year End Awards

PRI’s All Stars – Rowena Itchon, Tim Anaya, Lance Izumi, and Kerry Jackson – are back with their choices for 2023’s biggest winners and losers, in our annual tribute to the McLaughlin Group.  We hand out our choices for best and worst ideas of the year, the bummest wraps, and ...
Blog

Learn how homelessness is now hurting California pro teams

How Homelessness, Taxes Impacted Deal for Baseball’s Top Free Agent

In fact, San Francisco’s status these days as a not very desirable place to live, work, or play also played a major factor in the deal. Giants legend and future hall of famer Buster Posey, who is now a member of the team’s executive board and was involved in the ...
California

Richard Samuelson – What We Can Learn About Today’s Politics from the Boston Tea Party

  Calling all history buffs, this episode is for you!  PRI board member and Hillsdale College Associate Professor of Government Richard Samuelson joins us to discuss the anniversary of the Boston Tea Party, the events surrounding the incident, and the lessons we can learn from the Boston Tea Party about ...
Business & Economics

Ben Judge – America’s Foreign Adversaries: What would John Quincy Adams Do?

Our guest is Ben Judge, managing director of Monument Valley, a firm focused on adapting academic research for popular audiences. Ben is also the creator and executive producer of the documentary Right Makes Might: The Lincoln-Douglas Debates. We chat with Ben about his new book United and Independent: John Quincy ...
Business & Economics

Higher minimum wages hurt workers

If only someone had warned lawmakers

Starting on April 1, fast food restaurant chains that have at least 60 locations across the country must pay their workers a minimum of $20 an hour to comply with the minimum wage increase legislation passed and signed last year. But that’s not the end of it. Under Assembly Bill ...
Business & Economics

Read the latest about green investment mandates

Is CalPERS Still A Responsible Fiduciary?

Addressing global climate change is difficult and costly. Success requires an environment that encourages many ideas and experiments to flourish. Mandates from CalPERS undermines such an environment to the detriment of investors, the economy, and the environment. Read the full article at Forbes.com
Government Spending

Read about cost of latest state health care mandate

Sally Pipes Quoted in Center Square Article on $25 Health Care Minimum Wage

“Increasing the minimum wage to $23 per hour starting in 2024 and reaching $25 in 2026 for health care workers in medical facilities with 10,000 or more employees is fiscally irresponsible, particularly at a time when the state is facing a severe budget deficit,” said Sally Pipes, president and Thomas ...
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