Inflation

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Been There, Done That on Imposing New Energy Burdens on Minority Communities

Been There, Done That on Imposing New Energy Burdens on Minority Communities Inspired by California’s “green energy” agenda, the Biden Administration is pushing a #Justice40 agenda, which aims to improve minority communities, but will actually impose huge new mandates, costs, and taxes on the very communities they aim to help. ...
Commentary

Single-Payer ‘Medicare for All’ Would Inflate Americans’ Healthcare Bills

Inflation is ripping through every sector of the U.S. economy. But there’s one curious exception: healthcare. The cost of medical care is up 3.5% in the last year. The overall inflation rate, by contrast, is nearly two-and-a-half times higher — 8.3%. So why are Sen. Bernie Sanders and 14 of ...
Commentary

Let’s Not Be So Quick to Lower Medicare Eligibility Age

A new report from the Congressional Budget Office takes a close look at one of the most wasteful and unnecessary healthcare proposals on the Democratic agenda — reducing Medicare’s eligibility age to 60. Joe Biden endorsed the idea as a candidate for president. But it’s never made much sense. Medicare’s Part A hospital insurance ...
Business & Economics

Handcuffing Freelancers Is Bad For Economy And Small Business

Addressing the persistent problem of inflation requires pro-growth fiscal and regulatory policies in addition to concerted tightening by the Federal Reserve. Unfortunately, President Biden’s plan to address inflation, as outlined in his recent Wall Street Journal editorial, would implement the exact opposite. Instead of empowering entrepreneurs to accelerate growth and improve prosperity, ...
Business & Economics

Here’s why gas prices could skyrocket again

We’re all looking for relief from record-high gas prices these days. Gas prices are the highest in the United States history at a nationwide average of $4.59 as of May 19, according to AAA. Many states surpass this average with California at $6.050, Nevada at $5.224, Washington at $5.148, and ...
Agriculture

Beating Back Inflation: Team Reagan vs. Team Biden

Last week, the U.S. Labor Department reported that the consumer price index (CPI), a broad measure of the prices for everyday items like groceries, rents, and gas rose 8.3 percent in April from a year ago, just below March’s surge of 8.5 percent. Could this be a sign that inflation ...
Blog

The May Revise: Two Big Questions Overshadow Newsom Spending Plan

On Friday, Gov. Gavin Newsom released the “May Revise” of his 2022-23 state budget plan, officially kicking off the race to pass a balanced budget before the June 15th constitutional deadline.  There were two major questions for Newsom as he released his revised budget plan. First, when are we going ...
Gas Prices

Wayne Winegarden Highlighted in Great Lakes Wire on Oil Production and Gas Prices in Michigan

Wayne Winegarden was highlighted in the Great Lakes Wire piece by David Beasley: ‘Allowing more oil production would help reduce gas prices quickly’ in Michigan. “The domestic actions that restrict oil production worsen the inflation problems and the budget squeezes that too many families are facing across the states,” Wayne ...
Business & Economics

NEW BRIEF: City and State Climate Change Lawsuits Drive Up Gas Prices, Discourage Clean Energy Innovation

SACRAMENTO – City and state climate change lawsuits discourage private sector innovation required to meet America’s clean energy goals – and expensive judgements in these cases can increase gas prices by 31-cents per gallon, finds a new issue brief released today by the nonpartisan Pacific Research Institute.   “Sustainably addressing ...
Blog

China Cuts Taxes, U.S. and California Want to Raise Them

Tax cuts are the “fertilizer applied to the roots of the economy.” That’s not Arthur Laffer talking, but China Premier Li Keqiang.  Last month, China’s Finance Ministry announced that it would cut income taxes for small companies from 25 percent to 20 percent to boost the communist country’s slowing economy. ...
Blog

Been There, Done That on Imposing New Energy Burdens on Minority Communities

Been There, Done That on Imposing New Energy Burdens on Minority Communities Inspired by California’s “green energy” agenda, the Biden Administration is pushing a #Justice40 agenda, which aims to improve minority communities, but will actually impose huge new mandates, costs, and taxes on the very communities they aim to help. ...
Commentary

Single-Payer ‘Medicare for All’ Would Inflate Americans’ Healthcare Bills

Inflation is ripping through every sector of the U.S. economy. But there’s one curious exception: healthcare. The cost of medical care is up 3.5% in the last year. The overall inflation rate, by contrast, is nearly two-and-a-half times higher — 8.3%. So why are Sen. Bernie Sanders and 14 of ...
Commentary

Let’s Not Be So Quick to Lower Medicare Eligibility Age

A new report from the Congressional Budget Office takes a close look at one of the most wasteful and unnecessary healthcare proposals on the Democratic agenda — reducing Medicare’s eligibility age to 60. Joe Biden endorsed the idea as a candidate for president. But it’s never made much sense. Medicare’s Part A hospital insurance ...
Business & Economics

Handcuffing Freelancers Is Bad For Economy And Small Business

Addressing the persistent problem of inflation requires pro-growth fiscal and regulatory policies in addition to concerted tightening by the Federal Reserve. Unfortunately, President Biden’s plan to address inflation, as outlined in his recent Wall Street Journal editorial, would implement the exact opposite. Instead of empowering entrepreneurs to accelerate growth and improve prosperity, ...
Business & Economics

Here’s why gas prices could skyrocket again

We’re all looking for relief from record-high gas prices these days. Gas prices are the highest in the United States history at a nationwide average of $4.59 as of May 19, according to AAA. Many states surpass this average with California at $6.050, Nevada at $5.224, Washington at $5.148, and ...
Agriculture

Beating Back Inflation: Team Reagan vs. Team Biden

Last week, the U.S. Labor Department reported that the consumer price index (CPI), a broad measure of the prices for everyday items like groceries, rents, and gas rose 8.3 percent in April from a year ago, just below March’s surge of 8.5 percent. Could this be a sign that inflation ...
Blog

The May Revise: Two Big Questions Overshadow Newsom Spending Plan

On Friday, Gov. Gavin Newsom released the “May Revise” of his 2022-23 state budget plan, officially kicking off the race to pass a balanced budget before the June 15th constitutional deadline.  There were two major questions for Newsom as he released his revised budget plan. First, when are we going ...
Gas Prices

Wayne Winegarden Highlighted in Great Lakes Wire on Oil Production and Gas Prices in Michigan

Wayne Winegarden was highlighted in the Great Lakes Wire piece by David Beasley: ‘Allowing more oil production would help reduce gas prices quickly’ in Michigan. “The domestic actions that restrict oil production worsen the inflation problems and the budget squeezes that too many families are facing across the states,” Wayne ...
Business & Economics

NEW BRIEF: City and State Climate Change Lawsuits Drive Up Gas Prices, Discourage Clean Energy Innovation

SACRAMENTO – City and state climate change lawsuits discourage private sector innovation required to meet America’s clean energy goals – and expensive judgements in these cases can increase gas prices by 31-cents per gallon, finds a new issue brief released today by the nonpartisan Pacific Research Institute.   “Sustainably addressing ...
Blog

China Cuts Taxes, U.S. and California Want to Raise Them

Tax cuts are the “fertilizer applied to the roots of the economy.” That’s not Arthur Laffer talking, but China Premier Li Keqiang.  Last month, China’s Finance Ministry announced that it would cut income taxes for small companies from 25 percent to 20 percent to boost the communist country’s slowing economy. ...
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