Inflation

Commentary

Let Education Choice SOAR Coast to Coast

Last month a strong bi-partisan coalition in Congress introduced the Scholarships for Opportunity and Results (SOAR) Act. The program would reauthorize the DC Opportunity Scholarship Program and adds to a burgeoning movement for education choice across the country. Congress launched the DC Opportunity Scholarship Program in 2004. In spite of ...
Commentary

Lessons for California from National School Choice Week

National School Choice Week kicks off on January 23, and California should be leading the country in student-centered, parent-driven reform. In the Golden State, unfortunately, system-centered education prevails, and parents empowered to choose their children’s schools are the exception, not the rule. Last year, California adopted the “parent trigger.” If ...
Commentary

The Other Way to Repeal Obamacare

It’s hard to see any downside to such a proposal. The federal government has clearly acquired far too much power, many members of this Congress and this administration are at a loss to name any limits to the scope of federal power, and the erosion of federalism has severely compromised ...
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

Broken California

California governor Arnold Schwarzenegger recently warned that if voters approve a November initiative legalizing marijuana, the state will become a national “laughingstock.” The only thing more prevalent than non-Californians poking fun at the state’s enduring political and budget mess these days is Californians who offer counsel on how to save ...
Business & Economics

No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government

California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
Business & Economics

Amending an end to out-of-control spending

If there’s anything that the vast majority of Americans can agree upon politically, it’s that federal spending is out of control. The federal budget is $1 trillion higher than in 2007. It has doubled since President Reagan’s second term, even after adjusting for inflation. Our national debt is now $13 ...
Business & Economics

The Fed won’t relinquish its bigger role

SAN FRANCISCO (MarketWatch) — Financial analysts have been parsing Federal Reserve Chairman Ben Bernanke’s speech at the August meeting of central bankers in Jackson Hole, Wyo. More worthy of attention, however, is the statement made earlier in August by the Fed’s Federal Open Market Committee. It not only represented a ...
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

Obamacare Will Cost You Your Retirement

President Obama’s tax pledge, which he made as a candidate, couldn’t have been any clearer: “Under my plan, no family making less than $250,000 will see their taxes increase — not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes.” He even ...
Commentary

Let Education Choice SOAR Coast to Coast

Last month a strong bi-partisan coalition in Congress introduced the Scholarships for Opportunity and Results (SOAR) Act. The program would reauthorize the DC Opportunity Scholarship Program and adds to a burgeoning movement for education choice across the country. Congress launched the DC Opportunity Scholarship Program in 2004. In spite of ...
Commentary

Lessons for California from National School Choice Week

National School Choice Week kicks off on January 23, and California should be leading the country in student-centered, parent-driven reform. In the Golden State, unfortunately, system-centered education prevails, and parents empowered to choose their children’s schools are the exception, not the rule. Last year, California adopted the “parent trigger.” If ...
Commentary

The Other Way to Repeal Obamacare

It’s hard to see any downside to such a proposal. The federal government has clearly acquired far too much power, many members of this Congress and this administration are at a loss to name any limits to the scope of federal power, and the erosion of federalism has severely compromised ...
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

Broken California

California governor Arnold Schwarzenegger recently warned that if voters approve a November initiative legalizing marijuana, the state will become a national “laughingstock.” The only thing more prevalent than non-Californians poking fun at the state’s enduring political and budget mess these days is Californians who offer counsel on how to save ...
Business & Economics

No Bang for the Taxpayer’s Buck: Why California Must Reform Spending and Trim Government

California Government Spending The estimate for California’s total state spending in 2009–10 is $125.1 billion, of which General Fund spending constitutes 69.1 percent. Total state spending (nominal) has increased from $75.3 billion in 1998–99 to $125.1 billion in 2009–10 (an increase of 66.2 percent). The increases over this period outpaced ...
Business & Economics

Amending an end to out-of-control spending

If there’s anything that the vast majority of Americans can agree upon politically, it’s that federal spending is out of control. The federal budget is $1 trillion higher than in 2007. It has doubled since President Reagan’s second term, even after adjusting for inflation. Our national debt is now $13 ...
Business & Economics

The Fed won’t relinquish its bigger role

SAN FRANCISCO (MarketWatch) — Financial analysts have been parsing Federal Reserve Chairman Ben Bernanke’s speech at the August meeting of central bankers in Jackson Hole, Wyo. More worthy of attention, however, is the statement made earlier in August by the Fed’s Federal Open Market Committee. It not only represented a ...
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

Obamacare Will Cost You Your Retirement

President Obama’s tax pledge, which he made as a candidate, couldn’t have been any clearer: “Under my plan, no family making less than $250,000 will see their taxes increase — not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes.” He even ...
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