Americans are facing two very different pension outlooks. Most private sector workers contribute to 401(k) plans (which are often matched by employers), and rely on investments, savings, and Social Security for their retirement. But, their savings is inadequate.
According to a 2018 survey by Northwestern Mutual, 33...
Californians will be faced with a dozen voter propositions on Election Day. None is more important than Proposition 10, which would allow local governments to enact rent control laws. The outcome will have a profound effect on California’s housing crisis.
Prop 10 would repeal the Costa-Hawkins...
Most of us have driven past a road crew and from our vantage point it appeared little was being accomplished. We think of the old jokes asking “how many men does it take” to complete a variety of tasks, because at that moment we see...
California, where there’s been some talk of secession, has long had the privilege of regulating emissions as if it were a nation rather than one of 50 states. A challenge has emerged, though. The Trump administration wants to revoke the federal waiver that allows the...
When Ronald Reagan told us that if something moves, politicians want to tax it, and if it keeps moving, they want to regulate it, he was issuing a warning, not providing a how-to manual for government. Yet lawmakers and bureaucrats behave as if that’s what...
Earlier this month, The New York Times gave space to a climate activist who argued that policymakers must “Free California of Fossil Fuels.” Six days later, the Times’ California Today feature covered the state’s “Move to Mandate 100% Carbon-Free Electricity” through Senate Bill 100.
A significant portion...
“A crisis of affordability.” That’s what is plaguing the individual health insurance market, according to Seema Verma, the administrator of the Centers for Medicare and Medicaid.
The culprit? Obamacare. The health law’s regulations have steadily driven up the cost of insurance. Between 2013 — the year...
Public employee unions took a deserved beating when the U.S. Supreme Court issued its Janus vs. AFSCME ruling, and their pain will eventually trickle down to the Democratic Party. The worst, though, is not over for them. What’s ahead has the potential to alter California’s...
The unions that represent California teachers have demanded, and received, platinum retirements for their members. But the good days at someone else’s expense cannot last forever. California teachers are beginning to feel the pain that they inflicted on themselves.
“Schools are laying off employees and slashing...
California’s chronic water problems were once again national news when Gov. Jerry Brown signed legislation establishing a code of water-use restrictions that would be more fitting for an undeveloped nation. As usual, policymakers chose the austerity of coercive public policy over the voluntary, cooperative agreements...
The Opportunity Created by California’s Overly-Generous Public Pensions
Americans are facing two very different pension outlooks. Most private sector workers contribute to 401(k) plans (which are often matched by employers), and rely on investments, savings, and Social Security for their retirement. But, their savings is inadequate. According to a 2018 survey by Northwestern Mutual, 33...
Would Prop. 10 Reduce California’s High Housing Costs? Basic Economics Says No.
Californians will be faced with a dozen voter propositions on Election Day. None is more important than Proposition 10, which would allow local governments to enact rent control laws. The outcome will have a profound effect on California’s housing crisis. Prop 10 would repeal the Costa-Hawkins...
Your tax dollars used to oppose repeal of fuel tax
Most of us have driven past a road crew and from our vantage point it appeared little was being accomplished. We think of the old jokes asking “how many men does it take” to complete a variety of tasks, because at that moment we see...
Reforming California’s auto emission standards will bring relief to working poor
California, where there’s been some talk of secession, has long had the privilege of regulating emissions as if it were a nation rather than one of 50 states. A challenge has emerged, though. The Trump administration wants to revoke the federal waiver that allows the...
San Diego Stands Alone as Cities Shake Down e-Scooter Startups
When Ronald Reagan told us that if something moves, politicians want to tax it, and if it keeps moving, they want to regulate it, he was issuing a warning, not providing a how-to manual for government. Yet lawmakers and bureaucrats behave as if that’s what...
California Can Either Make Use of Its Sea of Oil, Or Drown In It
Earlier this month, The New York Times gave space to a climate activist who argued that policymakers must “Free California of Fossil Fuels.” Six days later, the Times’ California Today feature covered the state’s “Move to Mandate 100% Carbon-Free Electricity” through Senate Bill 100. A significant portion...
California’s War on Affordable Health Insurance
“A crisis of affordability.” That’s what is plaguing the individual health insurance market, according to Seema Verma, the administrator of the Centers for Medicare and Medicaid. The culprit? Obamacare. The health law’s regulations have steadily driven up the cost of insurance. Between 2013 — the year...
California’s move away from retrogressive politics?
Public employee unions took a deserved beating when the U.S. Supreme Court issued its Janus vs. AFSCME ruling, and their pain will eventually trickle down to the Democratic Party. The worst, though, is not over for them. What’s ahead has the potential to alter California’s...
Teacher Unions Reap What They Sow With Unsustainable Pensions
The unions that represent California teachers have demanded, and received, platinum retirements for their members. But the good days at someone else’s expense cannot last forever. California teachers are beginning to feel the pain that they inflicted on themselves. “Schools are laying off employees and slashing...
A way out of California’s water crisis
California’s chronic water problems were once again national news when Gov. Jerry Brown signed legislation establishing a code of water-use restrictions that would be more fitting for an undeveloped nation. As usual, policymakers chose the austerity of coercive public policy over the voluntary, cooperative agreements...