Wayne Winegarden

Business & Economics

Price Controls Are Never The Answer

Senator Rick Scott (R-FL) has just doubled down on one of the Trump Administration’s unsound ideas. His proposal is disappointing for many reasons, particularly because Alex Azar, Secretary of Health and Human Services, has proposed an alternative reform that, if Congress implemented, would meaningfully improve the affordability of prescription drugs ...
Climate Change

Green New Deal would cause a new Depression

Democrat firebrands Rep. Alexandria Ocasio-Cortez and Sen. Ed Markey just unveiled their “Green New Deal,” a multi-trillion-dollar effort to overhaul the energy industry and slash America’s net greenhouse gas emissions to zero within a decade. The legislation’s title is fitting. The original New Deal failed to create jobs and actually ...
Blog

We Need to Budget for Growth

Spring is in the air, which of course means it’s time to start thinking about the federal budget. Our latest Beyond the New Normal analysis examined what it would take to transform our current unaffordable federal budget. And while it would take political discipline and courage beyond what current leadership ...
Business & Economics

Protect Patients By Repealing the Medical Device Tax

You don’t make health care more affordable by increasing its cost. Yet that is precisely what the currently suspended medical device tax threatens unless Congress permanently repeals it. Although permanent repeal failed in the last Congress, Senators Pat Toomey (R-PA) and Amy Klobuchar (D-MN) have introduced the Protect Medical Innovation Act, ...
Business & Economics

Gutting patents will stall medicine progress

Congress could soon vote on legislation that would gut America’s intellectual property laws. The bill isn’t just bad news for big pharmaceutical companies that hold lucrative patents. It’s terrible news for patients — medical research spending would dry up without strong patent protections. Americans could lose out on cures for ...
Business & Economics

Three Blind Men And The Health Care Industry

Today’s hearing in front of the Senate Finance Committee will, unfortunately, be another wasted opportunity. Surely, Senators will make grandiose speeches and be shocked at the cost of drugs. They will also continue to support the very policies that are causing the problems the hearing is supposed to address. A February 25th editorial ...
Business & Economics

Wayne Winegarden Discusses 15% Solution on Lars Larson Show

Listen to Dr. Wayne Winegarden, PRI Senior Fellow in Business and Economics as he joins Lars Larson to discuss his latest report detailing how we reach the “15 Percent Solution”, or the optimal level of federal spending to maximize economic growth and cut the national debt. The interview begins at ...
Business & Economics

Facing $22 Trillion National Debt, New PRI Report Shows How “15 Percent Solution” Can Cut Debt, Grow Economy

On the heels of the news that the national debt has surpassed $22 trillion, the Pacific Research Institute today recommended reforms to bring spending under control, reduce the national debt and maximize economic growth in the latest report in its Beyond the New Normal series. “Just last week, as we learned ...
Business & Economics

Public Pension Funds’ Sole Responsibility Is To Secure The Retirement Of Public Sector Workers

State and local public pension funds are trillions of dollars in debt. Without fully accounting for the risks, state public pension funds have $1.4 trillion in unfunded liabilities (e.g. debt) according to the Pew Center’s latest estimates. Even more troubling, this debt is still growing. The sole priority of a public pension ...
Business & Economics

Fostering Transparency In The Pharmaceutical Market

In response to the problem of rising list prices for drugs, elected officials continue to propose counterproductive reforms. Whether it is importing drugs from Canada or indexing U.S. drug prices to the prices charged in other countries, these policies will make the current bad situation worse because they fail to ...
Business & Economics

Price Controls Are Never The Answer

Senator Rick Scott (R-FL) has just doubled down on one of the Trump Administration’s unsound ideas. His proposal is disappointing for many reasons, particularly because Alex Azar, Secretary of Health and Human Services, has proposed an alternative reform that, if Congress implemented, would meaningfully improve the affordability of prescription drugs ...
Climate Change

Green New Deal would cause a new Depression

Democrat firebrands Rep. Alexandria Ocasio-Cortez and Sen. Ed Markey just unveiled their “Green New Deal,” a multi-trillion-dollar effort to overhaul the energy industry and slash America’s net greenhouse gas emissions to zero within a decade. The legislation’s title is fitting. The original New Deal failed to create jobs and actually ...
Blog

We Need to Budget for Growth

Spring is in the air, which of course means it’s time to start thinking about the federal budget. Our latest Beyond the New Normal analysis examined what it would take to transform our current unaffordable federal budget. And while it would take political discipline and courage beyond what current leadership ...
Business & Economics

Protect Patients By Repealing the Medical Device Tax

You don’t make health care more affordable by increasing its cost. Yet that is precisely what the currently suspended medical device tax threatens unless Congress permanently repeals it. Although permanent repeal failed in the last Congress, Senators Pat Toomey (R-PA) and Amy Klobuchar (D-MN) have introduced the Protect Medical Innovation Act, ...
Business & Economics

Gutting patents will stall medicine progress

Congress could soon vote on legislation that would gut America’s intellectual property laws. The bill isn’t just bad news for big pharmaceutical companies that hold lucrative patents. It’s terrible news for patients — medical research spending would dry up without strong patent protections. Americans could lose out on cures for ...
Business & Economics

Three Blind Men And The Health Care Industry

Today’s hearing in front of the Senate Finance Committee will, unfortunately, be another wasted opportunity. Surely, Senators will make grandiose speeches and be shocked at the cost of drugs. They will also continue to support the very policies that are causing the problems the hearing is supposed to address. A February 25th editorial ...
Business & Economics

Wayne Winegarden Discusses 15% Solution on Lars Larson Show

Listen to Dr. Wayne Winegarden, PRI Senior Fellow in Business and Economics as he joins Lars Larson to discuss his latest report detailing how we reach the “15 Percent Solution”, or the optimal level of federal spending to maximize economic growth and cut the national debt. The interview begins at ...
Business & Economics

Facing $22 Trillion National Debt, New PRI Report Shows How “15 Percent Solution” Can Cut Debt, Grow Economy

On the heels of the news that the national debt has surpassed $22 trillion, the Pacific Research Institute today recommended reforms to bring spending under control, reduce the national debt and maximize economic growth in the latest report in its Beyond the New Normal series. “Just last week, as we learned ...
Business & Economics

Public Pension Funds’ Sole Responsibility Is To Secure The Retirement Of Public Sector Workers

State and local public pension funds are trillions of dollars in debt. Without fully accounting for the risks, state public pension funds have $1.4 trillion in unfunded liabilities (e.g. debt) according to the Pew Center’s latest estimates. Even more troubling, this debt is still growing. The sole priority of a public pension ...
Business & Economics

Fostering Transparency In The Pharmaceutical Market

In response to the problem of rising list prices for drugs, elected officials continue to propose counterproductive reforms. Whether it is importing drugs from Canada or indexing U.S. drug prices to the prices charged in other countries, these policies will make the current bad situation worse because they fail to ...
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