Minimum Wage

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Jobless Californians May Have to Settle for $300

President Trump’s signature was barely dry when cash-strapped governors nationwide cried foul over his executive order to provide $400 of additional unemployment benefits a week for the country’s jobless, after negotiations on a new coronavirus stimulus package failed between the White House and Speaker Pelosi and Senate Minority Leader Schumer. ...
California

The Nasty Impacts Of Minimum Wage Hikes

Just as he rejected pleas to suspend the execrable Assembly Bill 5 to ease the financial squeeze caused by the pandemic lockdowns, Gov. Gavin Newsom has declined to put off the state’s coming minimum-wage hike. The small businesses that worked hard enough to survive 2020’s downturn might be broken in ...
Commentary

Biden a moderate? Sanders, AOC plans for candidate suggest this instead

Presumptive Democratic presidential nominee Joe Biden has long been considered a political moderate. A new report from his “unity” task forces should put that reputation to rest. The 110-page document offers detailed policy recommendations for an incoming Biden administration. It would represent the most left-wing governing program of any president ...
Blog

Latest Rankings Further Proof California Must Remove Barriers to Opportunity

Recently, I attended a webinar hosted by the Legatum Institute, a UK-based think tank, where they discussed the results of their latest “Prosperity Index”. According to the Index’s executive summary, Legatum hopes that “nations around the world (will) assess their strengths and weaknesses (in the rankings) to determine the economic ...
California

The left-wing agenda of Newsom’s reopening task force

With huddled masses of Californians yearning to be free, Gov. Gavin Newsom has announced the launch of a task force to oversee the reopening of the economy by fostering business and job recovery. Yet it more closely resembles a central committee charged with installing some variant of Cold War-era Bulgarian ...
California

How will big government California recover from the COVID-19 shutdowns?

Running a business in California, particularly a small one, is hard enough in ordinary times. Now the task has become impossible for many. If lawmakers don’t start making wholesale policy changes soon, the future will be more grim than the present. California is on its way to a $15 an ...
Blog

California Assembly Bill 5: An Update

Nearly three dozen bills intended to revise or repeal Assembly Bill 5, which restricts workers’ freedom and could potentially kill the burgeoning gig economy, have been introduced in Sacramento. Here is some of the latest, and most important, news about efforts to smooth over the malign effects of the law: ...
Commentary

Bernie’s Math Problem

Anyone in earshot of a television set, or a smart phone, is undoubtedly aware that the undisputed front-runner in the Democratic Primary wants to spend more money – a lot of it. And, while these policies are economically flawed, Senator Sanders also has a fundamental math problem. Reviewing his website, there ...
Business & Economics

Regulation stands in the way of entrepreneurship for low-income families

https://www.pacificresearch.org/wp-content/uploads/2020/01/Wayne-Winegarden-News.mp3   In October 2019, the Pacific Research Institute released findings of a new report, titled Breaking Down Barriers to Opportunity #2 Entrepreneurship as a Pathway to the American Dream. The report, authored by Wayne Winegarden, contends that “overly complex government regulations are a common cause behind the barriers to low-income entrepreneurship.” ...
Business & Economics

Eliminating barriers to entrepreneurship will help immigrants, poor

The United States is in the midst of the longest economic expansion on record. The U.S. economy has been growing for more than 10 years. The unemployment rate is near its lowest point ever. And yet, poverty continues to be persistent nationwide. Tens of thousands of people are homeless in ...
Blog

Jobless Californians May Have to Settle for $300

President Trump’s signature was barely dry when cash-strapped governors nationwide cried foul over his executive order to provide $400 of additional unemployment benefits a week for the country’s jobless, after negotiations on a new coronavirus stimulus package failed between the White House and Speaker Pelosi and Senate Minority Leader Schumer. ...
California

The Nasty Impacts Of Minimum Wage Hikes

Just as he rejected pleas to suspend the execrable Assembly Bill 5 to ease the financial squeeze caused by the pandemic lockdowns, Gov. Gavin Newsom has declined to put off the state’s coming minimum-wage hike. The small businesses that worked hard enough to survive 2020’s downturn might be broken in ...
Commentary

Biden a moderate? Sanders, AOC plans for candidate suggest this instead

Presumptive Democratic presidential nominee Joe Biden has long been considered a political moderate. A new report from his “unity” task forces should put that reputation to rest. The 110-page document offers detailed policy recommendations for an incoming Biden administration. It would represent the most left-wing governing program of any president ...
Blog

Latest Rankings Further Proof California Must Remove Barriers to Opportunity

Recently, I attended a webinar hosted by the Legatum Institute, a UK-based think tank, where they discussed the results of their latest “Prosperity Index”. According to the Index’s executive summary, Legatum hopes that “nations around the world (will) assess their strengths and weaknesses (in the rankings) to determine the economic ...
California

The left-wing agenda of Newsom’s reopening task force

With huddled masses of Californians yearning to be free, Gov. Gavin Newsom has announced the launch of a task force to oversee the reopening of the economy by fostering business and job recovery. Yet it more closely resembles a central committee charged with installing some variant of Cold War-era Bulgarian ...
California

How will big government California recover from the COVID-19 shutdowns?

Running a business in California, particularly a small one, is hard enough in ordinary times. Now the task has become impossible for many. If lawmakers don’t start making wholesale policy changes soon, the future will be more grim than the present. California is on its way to a $15 an ...
Blog

California Assembly Bill 5: An Update

Nearly three dozen bills intended to revise or repeal Assembly Bill 5, which restricts workers’ freedom and could potentially kill the burgeoning gig economy, have been introduced in Sacramento. Here is some of the latest, and most important, news about efforts to smooth over the malign effects of the law: ...
Commentary

Bernie’s Math Problem

Anyone in earshot of a television set, or a smart phone, is undoubtedly aware that the undisputed front-runner in the Democratic Primary wants to spend more money – a lot of it. And, while these policies are economically flawed, Senator Sanders also has a fundamental math problem. Reviewing his website, there ...
Business & Economics

Regulation stands in the way of entrepreneurship for low-income families

https://www.pacificresearch.org/wp-content/uploads/2020/01/Wayne-Winegarden-News.mp3   In October 2019, the Pacific Research Institute released findings of a new report, titled Breaking Down Barriers to Opportunity #2 Entrepreneurship as a Pathway to the American Dream. The report, authored by Wayne Winegarden, contends that “overly complex government regulations are a common cause behind the barriers to low-income entrepreneurship.” ...
Business & Economics

Eliminating barriers to entrepreneurship will help immigrants, poor

The United States is in the midst of the longest economic expansion on record. The U.S. economy has been growing for more than 10 years. The unemployment rate is near its lowest point ever. And yet, poverty continues to be persistent nationwide. Tens of thousands of people are homeless in ...
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