California

Commentary

AB 32: Cost now, benefits later … maybe

During the recent election, the spin on Proposition 23 became drearily familiar. Voters who favored it were backing “greedy oil companies,” as Gov. Arnold Schwarzenegger put it, out to protect their own financial interests. Those who opposed the measure, on the other hand, supported Clean Energy, The Environment and, of ...
Business & Economics

The size (of our government) really does matter

To balance the state budget, more than $20 billion in the red, California legislators are fighting over spending cuts. Legislators also disagree whether California government is too big. Fortunately, there is a way to quantify the size of government, and all Californians will find it illuminating. Most discussions about the ...
Business & Economics

Arthur Laffer in San Francisco

On Thursday night last week, supply-side luminary Arthur Laffer spoke to the Pacific Research Institute’s annual dinner in San Francisco. Laffer is among the most consequential economists of the last half century. Though lampooned and denounced on the left, his Laffer Curve has had a greater impact on American and ...
Business & Economics

California Agency Invests $500 Million in The Green Sector

The California Public Employees’ Retirement System (CalPERS) just invested $500 million in market-traded green energy firms, which brings the agency’s investments in clean energy stocks and funds since 2006 to $2.5 billion. A purchasing behemoth, CalPERS manages the retirement accounts of 1.6 million public employees and their families and is ...
Business & Economics

Election makes Laffer less gloomy

Arthur Laffer, one of the more prescient economists of our time and an adviser to President Ronald Reagan, has been a longtime proponent of keeping money in the hands of those who earn it because they are best able to spend in ways that stimulate the economy. In recent years ...
Business & Economics

Art Laffer: Jerry Brown was California’s best governor

Jerry Brown had fantastic economic policy, Laffer said. “He did a great job implementing Proposition 13. He indexed personal income tax in the state; put in Gann spending limit under his tenure; and killed the estate tax. He was one of the best governors California ever had.” Of Brown’s presidential ...
Business & Economics

Californians Deserve Value For Their Tax Dollars

Last week’s election, ushering in Jerry Brown as Governor-elect and changing passage of the state budget from two-thirds to a majority vote, will impact how legislators reconcile California’s budget deficit. Missing in the debate between higher taxes and less spending is whether current spending provides Californians value for their money. ...
California

ObamaCare to debut in Calif. – will it fly?

An expert on healthcare policy thinks ObamaCare must fail in at least one state at taxpayers’ expense before Democrats realize it won’t work. California will lead the nation in implementing the new healthcare law with a $10-billion plan, approved by the Obama administration, to grant citizens Medicaid waivers. The new ...
Business & Economics

Voting against jobs in California

Buried under the political headlines in California, which largely focus on Jerry Brown’s gubernatorial victory, Barbara Boxer’s winning a fourth Senate term and the Republican takeover of the House of Representatives, lie two ballot decisions that will have serious long-lasting consequences for the California economy. The first is the rejection ...
Business & Economics

State GOP verging on irrelevant

Republicans have been amused by President Barack Obama’s thick-headed response to the Democratic Party’s electoral defeat. Despite near-historic gains for the GOP in the House of Representatives and significant GOP gains in the Senate and statehouses, Obama refused in his news conference Wednesday to pin the blame on his agenda, ...
Commentary

AB 32: Cost now, benefits later … maybe

During the recent election, the spin on Proposition 23 became drearily familiar. Voters who favored it were backing “greedy oil companies,” as Gov. Arnold Schwarzenegger put it, out to protect their own financial interests. Those who opposed the measure, on the other hand, supported Clean Energy, The Environment and, of ...
Business & Economics

The size (of our government) really does matter

To balance the state budget, more than $20 billion in the red, California legislators are fighting over spending cuts. Legislators also disagree whether California government is too big. Fortunately, there is a way to quantify the size of government, and all Californians will find it illuminating. Most discussions about the ...
Business & Economics

Arthur Laffer in San Francisco

On Thursday night last week, supply-side luminary Arthur Laffer spoke to the Pacific Research Institute’s annual dinner in San Francisco. Laffer is among the most consequential economists of the last half century. Though lampooned and denounced on the left, his Laffer Curve has had a greater impact on American and ...
Business & Economics

California Agency Invests $500 Million in The Green Sector

The California Public Employees’ Retirement System (CalPERS) just invested $500 million in market-traded green energy firms, which brings the agency’s investments in clean energy stocks and funds since 2006 to $2.5 billion. A purchasing behemoth, CalPERS manages the retirement accounts of 1.6 million public employees and their families and is ...
Business & Economics

Election makes Laffer less gloomy

Arthur Laffer, one of the more prescient economists of our time and an adviser to President Ronald Reagan, has been a longtime proponent of keeping money in the hands of those who earn it because they are best able to spend in ways that stimulate the economy. In recent years ...
Business & Economics

Art Laffer: Jerry Brown was California’s best governor

Jerry Brown had fantastic economic policy, Laffer said. “He did a great job implementing Proposition 13. He indexed personal income tax in the state; put in Gann spending limit under his tenure; and killed the estate tax. He was one of the best governors California ever had.” Of Brown’s presidential ...
Business & Economics

Californians Deserve Value For Their Tax Dollars

Last week’s election, ushering in Jerry Brown as Governor-elect and changing passage of the state budget from two-thirds to a majority vote, will impact how legislators reconcile California’s budget deficit. Missing in the debate between higher taxes and less spending is whether current spending provides Californians value for their money. ...
California

ObamaCare to debut in Calif. – will it fly?

An expert on healthcare policy thinks ObamaCare must fail in at least one state at taxpayers’ expense before Democrats realize it won’t work. California will lead the nation in implementing the new healthcare law with a $10-billion plan, approved by the Obama administration, to grant citizens Medicaid waivers. The new ...
Business & Economics

Voting against jobs in California

Buried under the political headlines in California, which largely focus on Jerry Brown’s gubernatorial victory, Barbara Boxer’s winning a fourth Senate term and the Republican takeover of the House of Representatives, lie two ballot decisions that will have serious long-lasting consequences for the California economy. The first is the rejection ...
Business & Economics

State GOP verging on irrelevant

Republicans have been amused by President Barack Obama’s thick-headed response to the Democratic Party’s electoral defeat. Despite near-historic gains for the GOP in the House of Representatives and significant GOP gains in the Senate and statehouses, Obama refused in his news conference Wednesday to pin the blame on his agenda, ...
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