Unemployment
Business & Economics
The Most Tax-Burdened States
The Golden State? More like Taxifornia. As the pain of April 15 fades, most Americans are bluntly aware that taxes matter. Too many politicians and bureaucrats, unfortunately, ignore this. They have forgotten that taxes change the incentives for people to work hard, save, invest and be entrepreneurial, the bedrock of ...
Jason Clemens
April 26, 2010
Business & Economics
Earth Day Agenda: Cap and Trade Plan for AB 32
California environmental officials have decided against implementing the “cool car” regulations they finalized last June. The move could be a first step toward a better environmental policy and an improved economy. Last June the California Air Resources Board (CARB) adopted a rule forcing car companies to install metallic reflective windows, ...
K. Lloyd Billingsley
April 21, 2010
Business & Economics
Grading California’s Tax System
Every April California workers square up with the federal and state governments. This April deadline is a good time to grade the Golden State on its tax policy, which not only takes a lot of money from workers but manages to do so in a relatively counterproductive way. On the ...
Jason Clemens
April 15, 2010
Environment
Governor Schwarzenegger Shifts Policy on AB32
In sharp contrast to a recent study from the Legislative Analyst’s Office (LAO) reporting implementation of AB32 would bring about a net job loss and raise state unemployment in the near future and stressing that long term effects are “uncertain”, CARB released their own report this week stating the bill ...
Thomas Tanton
March 26, 2010
Agriculture
Enviros trade in human misery
SACRAMENTO – One of the most unusual vote-buying scams the Obama administration may have used to pass its health care socialization plan was an alleged promise to two Democratic congressmen to increase federal water supplies to the San Joaquin Valley. It’s the nation’s most fertile farm region, but a region ...
Steven Greenhut
March 26, 2010
Business & Economics
California’s tax tactics undermine prosperity
California’s bond rating is the country’s lowest. The state faces near unprecedented unemployment and underemployment. State government and most counties face deficits for the foreseeable future. The solution to this predicament, some Sacramento politicians believe, is more taxes. The underlying assumption of such an approach is that taxes don’t have ...
Jason Clemens
March 10, 2010
Business & Economics
Another Roosevelt? More like Barack Hoover
President Obama has been talking tough on deficit reduction, but many left-leaning pundits and economists warn that such rhetoric will prolong the economic slump. MSNBC host Rachel Maddow warned that Obamas proposed partial spending freeze was Herbert Hoovers strategy, while Budget Director Peter Orszag cautioned that FDRs attempt in 1937 ...
Robert P. Murphy
March 1, 2010
Business & Economics
‘Jobs’ bills: Why they fizzle
California’s unemployment rate is more than 12 percent, prompting state Senate President pro Tem Darrell Steinberg’s new plan to create some 140,000 jobs. The plan, unfortunately, has a problem. Steinberg’s plan consists of several measures, each expected to create a specific number of jobs. Yet when tallying up the number ...
Robert P. Murphy
February 27, 2010
Business & Economics
Setting the stage for stagflation
Prices rose 2.7 percent during 2009, according to the Bureau of Labor Statistics’ recent update of the Consumer Price Index (CPI). This is a worrisome fact because last year’s unemployment rate averaged more than 9 percent. This trend may signal a return of “stagflation,” a merger of stagnation and inflation. ...
Robert P. Murphy
February 19, 2010
Business & Economics
Cut taxes to boost employment
Californias unemployment rate, according to the most recent figures, is 12.4 percent, fifth highest in the nation behind only such economic basket cases as Michigan and South Carolina. Californias second-largest city, San Diego, is known as Americas Finest City but hasnt been immune to unemployment problems. San Diegos unemployment rate ...
Pacific Research Institute
February 17, 2010
The Most Tax-Burdened States
The Golden State? More like Taxifornia. As the pain of April 15 fades, most Americans are bluntly aware that taxes matter. Too many politicians and bureaucrats, unfortunately, ignore this. They have forgotten that taxes change the incentives for people to work hard, save, invest and be entrepreneurial, the bedrock of ...
Earth Day Agenda: Cap and Trade Plan for AB 32
California environmental officials have decided against implementing the “cool car” regulations they finalized last June. The move could be a first step toward a better environmental policy and an improved economy. Last June the California Air Resources Board (CARB) adopted a rule forcing car companies to install metallic reflective windows, ...
Grading California’s Tax System
Every April California workers square up with the federal and state governments. This April deadline is a good time to grade the Golden State on its tax policy, which not only takes a lot of money from workers but manages to do so in a relatively counterproductive way. On the ...
Governor Schwarzenegger Shifts Policy on AB32
In sharp contrast to a recent study from the Legislative Analyst’s Office (LAO) reporting implementation of AB32 would bring about a net job loss and raise state unemployment in the near future and stressing that long term effects are “uncertain”, CARB released their own report this week stating the bill ...
Enviros trade in human misery
SACRAMENTO – One of the most unusual vote-buying scams the Obama administration may have used to pass its health care socialization plan was an alleged promise to two Democratic congressmen to increase federal water supplies to the San Joaquin Valley. It’s the nation’s most fertile farm region, but a region ...
California’s tax tactics undermine prosperity
California’s bond rating is the country’s lowest. The state faces near unprecedented unemployment and underemployment. State government and most counties face deficits for the foreseeable future. The solution to this predicament, some Sacramento politicians believe, is more taxes. The underlying assumption of such an approach is that taxes don’t have ...
Another Roosevelt? More like Barack Hoover
President Obama has been talking tough on deficit reduction, but many left-leaning pundits and economists warn that such rhetoric will prolong the economic slump. MSNBC host Rachel Maddow warned that Obamas proposed partial spending freeze was Herbert Hoovers strategy, while Budget Director Peter Orszag cautioned that FDRs attempt in 1937 ...
‘Jobs’ bills: Why they fizzle
California’s unemployment rate is more than 12 percent, prompting state Senate President pro Tem Darrell Steinberg’s new plan to create some 140,000 jobs. The plan, unfortunately, has a problem. Steinberg’s plan consists of several measures, each expected to create a specific number of jobs. Yet when tallying up the number ...
Setting the stage for stagflation
Prices rose 2.7 percent during 2009, according to the Bureau of Labor Statistics’ recent update of the Consumer Price Index (CPI). This is a worrisome fact because last year’s unemployment rate averaged more than 9 percent. This trend may signal a return of “stagflation,” a merger of stagnation and inflation. ...
Cut taxes to boost employment
Californias unemployment rate, according to the most recent figures, is 12.4 percent, fifth highest in the nation behind only such economic basket cases as Michigan and South Carolina. Californias second-largest city, San Diego, is known as Americas Finest City but hasnt been immune to unemployment problems. San Diegos unemployment rate ...