Minimum Wage
Blog
Businesses To Bear The Burden Of Another Government Mandate
On the second business day after the state’s higher minimum wage took effect, employers in Los Angeles County had another weight dropped on them. The County Board of Supervisors approved a $5 an hour increase in “front-line” workers’ wages. It applies to “stores located in the unincorporated areas of the ...
Business & Economics
Government-Mandated Hero Pay Fails To Achieve Its Lofty Goals
Offering a temporary pay increase to grocery workers, often referred to as “hero pay”, makes a lot of sense when grocers voluntarily provide this additional compensation to their employees. Grocery workers are taking on additional health risks, suffering additional stresses, and must work in more difficult environments, which all warrant ...
Business & Economics
The OCC Is Right, Politics Should Not Determine Credit Access
The Office of the Comptroller of the Currency (OCC) is considering a rule (i.e., Fair Access to Bank Services, Capital, and Credit), which would ensure that banks provide equal access to financial services, without discrimination. Such clarification is sorely needed. It should go without saying, that banks should not discriminate ...
Blog
New Year, New Laws
It’s been a tough year, and we hope that Californians can get back on their feet in 2021. Unfortunately, many of the new laws that took effect on January 1 won’t be helping. To borrow from Kermit the frog — it’s not easy being Blue. I’ve picked out a few ...
Blog
What’s Up with the New “California Driver Benefits Fee”?
Uber customers might have noticed a new fee that’s appearing on their charges. Now, who do we have to thank for that? Oh, yes, the lawmakers who tried to destroy the gig economy and its millions of jobs. Uber added a “California Driver Benefits Fee” to its charges on Dec. ...
Blog
A Tribute to the Great Economics Professor Walter Williams, RIP
It is with much sadness that I learned of the recent passing of one of my favorite and most respected economists, Professor Walter Williams. Walter was a prolific writer, author, educator, and defender of freedom. He died on December 3rd at 84, having taught his final economics class at George ...
Blog
Winners and Losers – Week of November 20
Today, we begin a new regular feature on “Right by the Bay” called “Winners and Losers.” Every Friday, our regular bloggers will present their choices for the winners and losers of the past week. We hope you’ll check back every week and drop us a line if you agree or ...
Business & Economics
If ESG Enhances Profits, Then Why All The Fuss?
The Department of Labor finalized a rule last month that, as the Wall Street Journal editorial page noted, should not be controversial. The rule states that private pensions cannot let ancillary issues distract them from their primary mission of securing their beneficiaries’ retirement. Failure to achieve this mission jeopardizes the financial ...
Commentary
Obama Admits… Biden & Bernie’s Socialist-Democrat Goals Are the Same
In a recent interview, former President Barack Obama admitted something Democrats have been trying to deny or keep secret for months. “If you look at Joe Biden’s goals and Bernie Sanders’ goals, they’re not that different from a 40,000-foot level,” he said. And he’s right – Biden may have won ...
Commentary
Biden = Bernie, Obama admits. Just look at their policies
In a recent interview, former President Barack Obama admitted something Democrats have been trying to deny for months. “If you look at Joe Biden’s goals and Bernie Sanders’ goals, they’re not that different, from a 40,000-foot level,” he said. He’s right. Biden may have won his party’s nomination by casting ...
Businesses To Bear The Burden Of Another Government Mandate
On the second business day after the state’s higher minimum wage took effect, employers in Los Angeles County had another weight dropped on them. The County Board of Supervisors approved a $5 an hour increase in “front-line” workers’ wages. It applies to “stores located in the unincorporated areas of the ...
Government-Mandated Hero Pay Fails To Achieve Its Lofty Goals
Offering a temporary pay increase to grocery workers, often referred to as “hero pay”, makes a lot of sense when grocers voluntarily provide this additional compensation to their employees. Grocery workers are taking on additional health risks, suffering additional stresses, and must work in more difficult environments, which all warrant ...
The OCC Is Right, Politics Should Not Determine Credit Access
The Office of the Comptroller of the Currency (OCC) is considering a rule (i.e., Fair Access to Bank Services, Capital, and Credit), which would ensure that banks provide equal access to financial services, without discrimination. Such clarification is sorely needed. It should go without saying, that banks should not discriminate ...
New Year, New Laws
It’s been a tough year, and we hope that Californians can get back on their feet in 2021. Unfortunately, many of the new laws that took effect on January 1 won’t be helping. To borrow from Kermit the frog — it’s not easy being Blue. I’ve picked out a few ...
What’s Up with the New “California Driver Benefits Fee”?
Uber customers might have noticed a new fee that’s appearing on their charges. Now, who do we have to thank for that? Oh, yes, the lawmakers who tried to destroy the gig economy and its millions of jobs. Uber added a “California Driver Benefits Fee” to its charges on Dec. ...
A Tribute to the Great Economics Professor Walter Williams, RIP
It is with much sadness that I learned of the recent passing of one of my favorite and most respected economists, Professor Walter Williams. Walter was a prolific writer, author, educator, and defender of freedom. He died on December 3rd at 84, having taught his final economics class at George ...
Winners and Losers – Week of November 20
Today, we begin a new regular feature on “Right by the Bay” called “Winners and Losers.” Every Friday, our regular bloggers will present their choices for the winners and losers of the past week. We hope you’ll check back every week and drop us a line if you agree or ...
If ESG Enhances Profits, Then Why All The Fuss?
The Department of Labor finalized a rule last month that, as the Wall Street Journal editorial page noted, should not be controversial. The rule states that private pensions cannot let ancillary issues distract them from their primary mission of securing their beneficiaries’ retirement. Failure to achieve this mission jeopardizes the financial ...
Obama Admits… Biden & Bernie’s Socialist-Democrat Goals Are the Same
In a recent interview, former President Barack Obama admitted something Democrats have been trying to deny or keep secret for months. “If you look at Joe Biden’s goals and Bernie Sanders’ goals, they’re not that different from a 40,000-foot level,” he said. And he’s right – Biden may have won ...
Biden = Bernie, Obama admits. Just look at their policies
In a recent interview, former President Barack Obama admitted something Democrats have been trying to deny for months. “If you look at Joe Biden’s goals and Bernie Sanders’ goals, they’re not that different, from a 40,000-foot level,” he said. He’s right. Biden may have won his party’s nomination by casting ...
