Business & Economics

Business & Economics

Consumers Benefit When Mergers Create Stronger Competitors

Kimberly-Clark is betting $40 billion that, despite the HHS Secretary’s unwarranted accusations about Tylenol, purchasing Kenvue will create synergies that will turn the combined company into a stronger competitor in the consumer health and consumer products sectors. Regardless of whether these gains are ultimately achieved, it is important that they are given the opportunity ...
Blog

The Gordon Chang Report–For China, Demography Is a Grim Destiny

READ THE PDF For China, Demography Is a Grim Destiny “China has embarked on a road of demographic no-return,” writes Wang Feng of the University of California, Irvine. “Left unaddressed, China’s demographic trap could precipitate a civilizational collapse,” Yi Fuxian of the University of Wisconsin-Madison tells us. China will suffer ...
Blog

The Slavers Call for Reparations – We Go “On Metaphor Alert” Again, as AU and EU Debate History

This theme appears to be a final realization of the goals outlined in the African Union’s Abuja Proclamation of 1993. At that time, the group (then technically the Organization of African Unity) stated: “What matters is…the responsibility of those states and nations whose economic evolution once depended on slave labor ...
Blog

Spending Watch

Spending Watch: The Unpleasant Arithmetic of a California Wealth Tax

Spending Watch: The Unpleasant Arithmetic of a California Wealth Tax Wayne Winegarden October 2025 A just proposed initiative to impose a one-time wealth tax on billionaires summarizes why California has fallen from the fourth to the fifth largest economy in the world. State policymakers continually view the private sector as ...
Business & Economics

Basel Accord’s expanded banking rules could tank Trump’s economy — unless he acts fast

Since Congress passed President Donald Trump’s “One Big Beautiful Bill” this summer, strong real-GDP growth has combined with minimal inflation, boosting American prosperity. But one potential misstep could end this decisive, action-oriented administration’s hope of making the American economy great again — while losing the midterm elections and Republican control ...
Blog

Ronald Reagan Opposed Tariffs – And For Good Reason

Having worked with Dr. Laffer for several years, I heard him explain the tenets of supply-side economics, or “the five pillars of prosperity” many times. These policies are (1) a low-rate broad-based flat tax; (2) a moderate level of government spending to ensure that the benefits from the government program ...
Blog

Is Declining Homeownership Driving Support for Democratic Socialism?

My previous post “On young Americans and their Growing Acceptance of Socialism” connected the popularity of democratic socialism among Americans aged 18 – 39 to inequality. Inequality concerns are not the only factor driving Gen Z’s embrace of democratic socialism. Gen Z’s growing support for democratic socialism is occurring along ...
Blog

It Was A Cruel, Cruel Summer For California Teens

California has a jobs problem. It’s not only failing to create them, it’s been destroying existing ones. Unemployment sits at 5.5%, the worst among the states. Only in the District of Columbia is the situation more grim. The jobless rate in the nation’s capital is 6%. This isn’t due to a run of bad luck. It’s the greasy residue of poor public policy ...
Blog

The Gordon Chang Report–“Keep Out, China!”: Trump Resurrects the Monroe Doctrine

READ THE PDF “Keep Out, China!”: Trump Resurrects the Monroe Doctrine “Murder.” That’s how Colombian President Gustavo Petro, in comments to the BBC late last month, termed recent U.S. airstrikes on small drug boats in the Caribbean Sea. He also called the attacks an “act of tyranny.” Petro said America’s ...
Blog

San Diego Banned Digital-Only Coupons. Then The Deals Went Away.

Last week, another “first in the nation” law took effect in the City of San Diego. There’s usually a reason no one decides to jump in front of California to grab “first in the nation” honors for themselves – it is a bad idea. Such is the case with San ...
Business & Economics

Consumers Benefit When Mergers Create Stronger Competitors

Kimberly-Clark is betting $40 billion that, despite the HHS Secretary’s unwarranted accusations about Tylenol, purchasing Kenvue will create synergies that will turn the combined company into a stronger competitor in the consumer health and consumer products sectors. Regardless of whether these gains are ultimately achieved, it is important that they are given the opportunity ...
Blog

The Gordon Chang Report–For China, Demography Is a Grim Destiny

READ THE PDF For China, Demography Is a Grim Destiny “China has embarked on a road of demographic no-return,” writes Wang Feng of the University of California, Irvine. “Left unaddressed, China’s demographic trap could precipitate a civilizational collapse,” Yi Fuxian of the University of Wisconsin-Madison tells us. China will suffer ...
Blog

The Slavers Call for Reparations – We Go “On Metaphor Alert” Again, as AU and EU Debate History

This theme appears to be a final realization of the goals outlined in the African Union’s Abuja Proclamation of 1993. At that time, the group (then technically the Organization of African Unity) stated: “What matters is…the responsibility of those states and nations whose economic evolution once depended on slave labor ...
Blog

Spending Watch

Spending Watch: The Unpleasant Arithmetic of a California Wealth Tax

Spending Watch: The Unpleasant Arithmetic of a California Wealth Tax Wayne Winegarden October 2025 A just proposed initiative to impose a one-time wealth tax on billionaires summarizes why California has fallen from the fourth to the fifth largest economy in the world. State policymakers continually view the private sector as ...
Business & Economics

Basel Accord’s expanded banking rules could tank Trump’s economy — unless he acts fast

Since Congress passed President Donald Trump’s “One Big Beautiful Bill” this summer, strong real-GDP growth has combined with minimal inflation, boosting American prosperity. But one potential misstep could end this decisive, action-oriented administration’s hope of making the American economy great again — while losing the midterm elections and Republican control ...
Blog

Ronald Reagan Opposed Tariffs – And For Good Reason

Having worked with Dr. Laffer for several years, I heard him explain the tenets of supply-side economics, or “the five pillars of prosperity” many times. These policies are (1) a low-rate broad-based flat tax; (2) a moderate level of government spending to ensure that the benefits from the government program ...
Blog

Is Declining Homeownership Driving Support for Democratic Socialism?

My previous post “On young Americans and their Growing Acceptance of Socialism” connected the popularity of democratic socialism among Americans aged 18 – 39 to inequality. Inequality concerns are not the only factor driving Gen Z’s embrace of democratic socialism. Gen Z’s growing support for democratic socialism is occurring along ...
Blog

It Was A Cruel, Cruel Summer For California Teens

California has a jobs problem. It’s not only failing to create them, it’s been destroying existing ones. Unemployment sits at 5.5%, the worst among the states. Only in the District of Columbia is the situation more grim. The jobless rate in the nation’s capital is 6%. This isn’t due to a run of bad luck. It’s the greasy residue of poor public policy ...
Blog

The Gordon Chang Report–“Keep Out, China!”: Trump Resurrects the Monroe Doctrine

READ THE PDF “Keep Out, China!”: Trump Resurrects the Monroe Doctrine “Murder.” That’s how Colombian President Gustavo Petro, in comments to the BBC late last month, termed recent U.S. airstrikes on small drug boats in the Caribbean Sea. He also called the attacks an “act of tyranny.” Petro said America’s ...
Blog

San Diego Banned Digital-Only Coupons. Then The Deals Went Away.

Last week, another “first in the nation” law took effect in the City of San Diego. There’s usually a reason no one decides to jump in front of California to grab “first in the nation” honors for themselves – it is a bad idea. Such is the case with San ...
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