California

Business & Economics

California’s ‘Spending Limit’ Is A Sham

The outlook for the California economy is dreadful, driven by a deeply perverse tax and regulatory environment, combined with Governor Arnold Schwarzenegger’s highly successful five-year effort to avoid hard choices. And so the state budget, the utter profligacy of which for years has been papered over with accounting tricks and ...
Business & Economics

Must Read: WSJ’s Steve Moore On Proposition 1A “Not So Golden”

A “must read” by Steve Moore, the lead economics writer for the Wall Street Journal’s Opinion Page… Not So Golden SAN DIEGO, Calif. — A key component of the budget deal that California’s Republican Governor Arnold Schwarzenegger struck with the Democrats earlier this year was a ballot initiative to limit ...
Business & Economics

Obama Misreads His Mandate

Reagan didn’t assume his landslide was a license for whatever he wanted. President Barack Obama’s honeymoon period seems to have ended quickly. That’s because Mr. Obama doesn’t grasp the essentials of presidential leadership. Rather than making a compelling case for his economic policies, he has resorted to curt rebuffs, such ...
Business & Economics

California commission considers tax changes

It seemed appropriate that a panel examining ways to overhaul the state’s tax structure met Thursday in the academic confines of UC Davis rather than the politically charged Capitol. The discussion focused on the theoretical, from examining the merits of a flat income tax to considering a “split-roll” property tax ...
Commentary

Why Anti-Growth Activism Does Not Help the Environment.

Sierra Pacific Industries (SPI) is closing down an El Dorado county sawmill that has been around since 1889. SPI will also close another sawmill and electric power plant in Tuolome county. Two more SPI mills in Plumas and Humbolt counties will also close, leaving hundreds of workers without jobs. One ...
Commentary

Feel the Momentum

National Review, April 8, 2009 At yesterday’s White House–sponsored Regional Health Forum in Los Angeles, everyone from California governor Arnold Schwarzenegger to celebrity doctor Mehmet Oz called for immediate action on health-care reform. President Obama’s Domestic Policy Council director, Melody Barnes, said that she could “feel the momentum” for health ...
Commentary

Rush Job

Doctors and students unite against socialized medicine. An NRO Q&A Tonight in New York City, the Benjamin Rush Society will host its inaugural event: a debate on health care before a gathering of medical students and doctors. Under the leadership of Sally C. Pipes, president and CEO of the Pacific ...
Agriculture

The ‘credit crunch’: another Great Depression?

In the first part of his essay on the 1930s and today, Sean Collins puts the case for going beyond Keynesianism and monetarism and the obsession with finance to look at the deeper structural problems of capitalism. Last month Christina Romer, chair of the Obama administration’s Council of Economic Advisers, ...
Business & Economics

Why Legislators Target California’s High-Tech Innovators

The California Assembly will soon consider proposals to “protect” residents from two of Silicon Valley’s most successful innovators. Google and Facebook help form the backbone of the state’s high-tech economy, but some lawmakers see them as a threat to privacy and security. AB 255 would censor Google’s popular online mapping ...
Business & Economics

Putting Women’s History Month to Good Use

It’s Women’s History Month, so let’s take another look at the greatest woman of our time. We recently considered “There is No Alternative,” a book about Margaret Thatcher by Claire Berlinski, who did not know her. In the interest of gender fairness, we turn to Margaret Thatcher: A Portrait of ...
Business & Economics

California’s ‘Spending Limit’ Is A Sham

The outlook for the California economy is dreadful, driven by a deeply perverse tax and regulatory environment, combined with Governor Arnold Schwarzenegger’s highly successful five-year effort to avoid hard choices. And so the state budget, the utter profligacy of which for years has been papered over with accounting tricks and ...
Business & Economics

Must Read: WSJ’s Steve Moore On Proposition 1A “Not So Golden”

A “must read” by Steve Moore, the lead economics writer for the Wall Street Journal’s Opinion Page… Not So Golden SAN DIEGO, Calif. — A key component of the budget deal that California’s Republican Governor Arnold Schwarzenegger struck with the Democrats earlier this year was a ballot initiative to limit ...
Business & Economics

Obama Misreads His Mandate

Reagan didn’t assume his landslide was a license for whatever he wanted. President Barack Obama’s honeymoon period seems to have ended quickly. That’s because Mr. Obama doesn’t grasp the essentials of presidential leadership. Rather than making a compelling case for his economic policies, he has resorted to curt rebuffs, such ...
Business & Economics

California commission considers tax changes

It seemed appropriate that a panel examining ways to overhaul the state’s tax structure met Thursday in the academic confines of UC Davis rather than the politically charged Capitol. The discussion focused on the theoretical, from examining the merits of a flat income tax to considering a “split-roll” property tax ...
Commentary

Why Anti-Growth Activism Does Not Help the Environment.

Sierra Pacific Industries (SPI) is closing down an El Dorado county sawmill that has been around since 1889. SPI will also close another sawmill and electric power plant in Tuolome county. Two more SPI mills in Plumas and Humbolt counties will also close, leaving hundreds of workers without jobs. One ...
Commentary

Feel the Momentum

National Review, April 8, 2009 At yesterday’s White House–sponsored Regional Health Forum in Los Angeles, everyone from California governor Arnold Schwarzenegger to celebrity doctor Mehmet Oz called for immediate action on health-care reform. President Obama’s Domestic Policy Council director, Melody Barnes, said that she could “feel the momentum” for health ...
Commentary

Rush Job

Doctors and students unite against socialized medicine. An NRO Q&A Tonight in New York City, the Benjamin Rush Society will host its inaugural event: a debate on health care before a gathering of medical students and doctors. Under the leadership of Sally C. Pipes, president and CEO of the Pacific ...
Agriculture

The ‘credit crunch’: another Great Depression?

In the first part of his essay on the 1930s and today, Sean Collins puts the case for going beyond Keynesianism and monetarism and the obsession with finance to look at the deeper structural problems of capitalism. Last month Christina Romer, chair of the Obama administration’s Council of Economic Advisers, ...
Business & Economics

Why Legislators Target California’s High-Tech Innovators

The California Assembly will soon consider proposals to “protect” residents from two of Silicon Valley’s most successful innovators. Google and Facebook help form the backbone of the state’s high-tech economy, but some lawmakers see them as a threat to privacy and security. AB 255 would censor Google’s popular online mapping ...
Business & Economics

Putting Women’s History Month to Good Use

It’s Women’s History Month, so let’s take another look at the greatest woman of our time. We recently considered “There is No Alternative,” a book about Margaret Thatcher by Claire Berlinski, who did not know her. In the interest of gender fairness, we turn to Margaret Thatcher: A Portrait of ...
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