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Business & Economics PRESS ROOM |
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Avoiding The Fiscal Cliff By Fixing The Fiscal Hole
By: Waybe Winegarden on 11.21.2012
The President and Congress may throw America into another recession, thanks to the Balanced Budget Act, which was crafted so as to punish the entire country with brutal spending cuts and tax increases if politicians couldn’t agree amongst themselves on a kinder, gentler plan to tame the deficit.
Economists argue about sequestration’s effect on jobs
By: Benjamin Zycher, Ph.D on 10.26.2012
As a prominent analyst of the local economy, Stephen S. Fuller of George Mason University’s Center for Regional Analysis attracted plenty of attention when he estimated that the mandatory budget cuts coming in January could cost more than 2 million jobs nationwide, including nearly 450,000 in the District, Maryland and Virginia.
California's politicians failing taxpayers
By: Wayne Winegarden, Ph.D on 10.22.2012
California's state and local politicians are failing their fiduciary responsibility to the taxpayers.
To cut state prison budget, start with perks for guards
By: Arthur Laffer on 10.22.2012
California's voters will soon consider two ballot initiatives that aim to reduce the state's unsustainable spending on prisons. The cost of jail is punishing - and not just for the prisoners. Incarcerating an inmate runs an average of $47,000 a year.
Read more here: http://www.sacbee.com/2012/10/21/4925168/to-cut-state-prison-budget-start.html#storylink=cpy
The Policy Value Gap, Part 1: A Fiscal Perspective
By: Wayne Winegarden, Ph.D on 9.27.2012
In the spirit of Jimmy Carter, “an economic malaise plagues the country”. Rather than being the product of a fundamental flaw in our economic system, though, the current stagnation is mainly the result of the nation’s misguided economic policies.
FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO
By: Dr. Arthur B. Laffer on 8.30.2012
Facebook’s stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May.
Apple does fall far from the tree
By: Arthur B. Laffer on 8.27.2012
Tech titan Apple is planning to open a new campus staffed by 3,600 people. The company is synonymous with Silicon Valley, so the facility would appear to be great news for California's struggling economy.
Brown should go back to idea of a flat tax economy
7.17.2012
Gov. Jerry Brown just signed bills finalizing California's budget and closing the Golden State's $16 billion budget deficit.Gov. Jerry Brown just signed bills finalizing California's budget and closing the Golden State's $16 billion budget deficit
Right to work, wrong to tax in California
By: Arthur Laffer on 7.17.2012
Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California's $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he's asking voters to approve major tax increases in November. If they don't, some $6 billion in cuts would take effect in January.
The Supreme Court Cannot Rewrite Obamacare's Economic Consequences
By: Wayne Winegarden, Ph.D on 7.12.2012
In the wake of a landmark Supreme Court decision, President Obama’s signature policy achievement is safe, and the implementation of the Patient Protection and Affordable Care Act (“Obamacare”) will continue as planned. The U.S. economy is another story.
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Business & Economics
