Why Are Grocery Prices Still Rising? New Study Says Washington Is Targeting the Wrong Problem
SACRAMENTO – With grocery prices continuing to climb and Americans searching for answers, a new study released today by the Pacific Research Institute concludes that Washington is focusing on the wrong solution. While the Federal Trade Commission has launched an investigation into fertilizer manufacturers, the new study by PRI senior fellow in business and economics Dr. Wayne Winegarden finds that today’s food inflation is being driven by global supply disruptions and government policies like tariffs ...
Paramount merger lawsuit could spell trouble for California’s entertainment industry
Rob Bonta’s crusade against a big Hollywood merger could have drastic repercussions for the entertainment industry in California. The state’s Attorney General says his lawsuit is to protect jobs, but those might be in New Jersey soon. Warner Bros. Discovery and Paramount Skydance have agreed to a deal in which the latter will acquire the former for $110 billion. It is a private-sector arrangement with both parties voluntarily accepting its terms. Neither force nor the ...
New PRI Study Finds California Job Growth Lags Nation, High Costs Turn State’s Income Advantage into 35% Deficit
A new study released today by the Pacific Research Institute finds that California’s economic performance has fallen sharply behind the rest of the nation, with job growth since the COVID-19 pandemic at less than half the national rate, while the state’s high cost of living is erasing its income advantage. Click here to download the study. The report, “California at a Crossroads: How Bad Policy Cost California Its Economic Edge – and How to Win ...
We Should Call February 20th Tariff Liberation Day
This decision will limit one of the Administration’s major anti-growth policies. The immediate benefits will be muted because, also as expected, President Trump is pushing alternate ways to try and raise tariffs. He has announced, under another statute, that he has imposed an across-the-board 15 percent global tariff. The catch is that these tariffs will only be effective for 150 days. If Congress does not pass legislation imposing these rates by the 150-day deadline, then ...
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California’s Regulatory Blob
On the surface, it might appear to be minor. Nothing too big. But from seemingly insignificant rules come sweeping, burdensome regulatory frameworks. The plan is to only ...
A public bank in California would be costly, risky and unnecessary
But lawmakers were pushing forward anyway. AB 2243 would have established a taxpayer-funded commission to study the feasibility of a public bank and how it ...
Big Tech Lost in Monterey Park. California’s First Data Center Ban Is a Warning
I grew up in Monterey Park, attending both middle school and high school there. The Monterey Park I know is a small, family-centered community where ...
California’s ‘Scarcity Mindset’
The late, great comedian Sam Kinison once said that instead of sending food to starving nations, we should send U-Hauls because, he would scream, “there ...
Higher pay, fewer trips: What Seattle’s gig law got wrong
According to researchers at Carnegie Mellon University analyzing Seattle’s law in a National Bureau of Economic Research study, the average base pay per delivery jumped from ...
California Should Get Out of the Way of the Charter-Cox Merger
Of course, the CPUC regulates public utilities in California. The Commission gains a say in many mergers because of its broad oversight to evaluate potential ...
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