California
Business & Economics
Prop. 22 protects corporate welfare
SACRAMENTO – It’s always entertaining watching various tax consumers fight with one another over a shrinking revenue pie, which makes the Proposition 22 campaign a spectacle. Despite the chatter from supporters about “saving local services” and stopping Sacramento from “raiding” local treasuries, this November initiative simply pits different government groups ...
Commentary
Mass. mess: ObamaCare’s ugly future
Massachusetts’ struggle to make “universal health insurance” work continues to be an excellent peek at what the entire nation faces when ObamaCare kicks in — and the picture remains ugly. Gov. Deval Patrick has just reached a truce with three of the four top insurers in the state, compromising on ...
Business & Economics
Democrats picking on oil companies
SACRAMENTO – Legislators are more than six weeks past the constitutional deadline for passing a state budget, yet the state’s majority Democrats last week weren’t even holding budget hearings. Why bother? The state is $19 billion in the red, but the two sides aren’t even close to coming to terms. ...
Commentary
Government Greed, Not Human Need, Drives the Growth of Medicaid
Key Points For four and a half decades, Medicaid has experienced significantly faster cost increases than Medicare or private health spending. Since February 2009, the federal government has leveraged states’ Medicaid spending to unprecedented levels. The “stimulus” bill, ObamaCare, and the recently passed bailout for states have further reduced incentives ...
Commentary
How to make shopping more annoying
SACRAMENTO – While walking though the supermarket the other day, my wife and I began playing a game I call Unintended Consequences. We tried to guess how things will really work after some new law is put in place. Our governments continually pass legislation that promises to fix every problem ...
Business & Economics
How Lawsuit Reform Could Help California Recover
SACRAMENTO—California is staring down the barrel of a $19 billion budget deficit, huge debt, and an unemployment rate in excess of 12 percent. Legislators can help the state recover by enacting the lawsuit reforms California desperately needs. The quality of California’s civil-justice tort climate ranks a dismal 41st out of ...
Business & Economics
Is it “bigotry” to shrink state government?
Vol. 16 No. 28 July 21, 2010 Is it “bigotry” to shrink state government? By K. Lloyd Billingsley, editorial director SACRAMENTO—Those who believe California state government is too large, and that we ought to make it smaller, are guilty of “conventional bigotry aimed at state employees.” So writes state employee ...
Business & Economics
Steven Greenhut on Public Employee Paychecks, Perks, and Plunder
Steven Greenhut, Editor in Chief of CalWatchdog.com and author of the new book, Plunder! How Public Employee Unions are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation sat down with Reason.tv’s Ted Balaker to discuss the widening gap between public and private sector employment.
Business & Economics
Double dip looks doubly certain
NASHVILLE, Tenn. (MarketWatch) — Economists and financial analysts are currently arguing whether the economy will experience a “double dip,” a recession followed by a short recovery, followed by another recession. Some think the worst is behind us, and that output and employment will slowly but steadily increase during the next ...
Prop. 22 protects corporate welfare
SACRAMENTO – It’s always entertaining watching various tax consumers fight with one another over a shrinking revenue pie, which makes the Proposition 22 campaign a spectacle. Despite the chatter from supporters about “saving local services” and stopping Sacramento from “raiding” local treasuries, this November initiative simply pits different government groups ...
Mass. mess: ObamaCare’s ugly future
Massachusetts’ struggle to make “universal health insurance” work continues to be an excellent peek at what the entire nation faces when ObamaCare kicks in — and the picture remains ugly. Gov. Deval Patrick has just reached a truce with three of the four top insurers in the state, compromising on ...
Democrats picking on oil companies
SACRAMENTO – Legislators are more than six weeks past the constitutional deadline for passing a state budget, yet the state’s majority Democrats last week weren’t even holding budget hearings. Why bother? The state is $19 billion in the red, but the two sides aren’t even close to coming to terms. ...
Government Greed, Not Human Need, Drives the Growth of Medicaid
Key Points For four and a half decades, Medicaid has experienced significantly faster cost increases than Medicare or private health spending. Since February 2009, the federal government has leveraged states’ Medicaid spending to unprecedented levels. The “stimulus” bill, ObamaCare, and the recently passed bailout for states have further reduced incentives ...
How to make shopping more annoying
SACRAMENTO – While walking though the supermarket the other day, my wife and I began playing a game I call Unintended Consequences. We tried to guess how things will really work after some new law is put in place. Our governments continually pass legislation that promises to fix every problem ...
How Lawsuit Reform Could Help California Recover
SACRAMENTO—California is staring down the barrel of a $19 billion budget deficit, huge debt, and an unemployment rate in excess of 12 percent. Legislators can help the state recover by enacting the lawsuit reforms California desperately needs. The quality of California’s civil-justice tort climate ranks a dismal 41st out of ...
Is it “bigotry” to shrink state government?
Vol. 16 No. 28 July 21, 2010 Is it “bigotry” to shrink state government? By K. Lloyd Billingsley, editorial director SACRAMENTO—Those who believe California state government is too large, and that we ought to make it smaller, are guilty of “conventional bigotry aimed at state employees.” So writes state employee ...
Steven Greenhut on Public Employee Paychecks, Perks, and Plunder
Steven Greenhut, Editor in Chief of CalWatchdog.com and author of the new book, Plunder! How Public Employee Unions are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation sat down with Reason.tv’s Ted Balaker to discuss the widening gap between public and private sector employment.
Double dip looks doubly certain
NASHVILLE, Tenn. (MarketWatch) — Economists and financial analysts are currently arguing whether the economy will experience a “double dip,” a recession followed by a short recovery, followed by another recession. Some think the worst is behind us, and that output and employment will slowly but steadily increase during the next ...
