Economy

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CalChamber “Job Killer” List Is One of the Few Watchdogs for Small Business

Most of the California business community is at the mercy of California’s progressive state legislature. It is easy to forget, especially with Silicon Valley pumping out inflated IPOs, that small businesses are the backbone of the economy. The U.S. Small Business Administration counts four million small business that call California ...
Blog

Trump’s Erratic Foreign Policy Continues in 2020

Last month, the Trump Administration announced a “historic deal” to normalize relations between the United Arab Emirates and Israel. Did the Trump administration solve Middle East conflict? No. While the merits of the deal will be debated in think tanks and foreign policy circles with overplayed game theory stereotypes, the ...
Blog

Biden’s Tax Plan: Where It Hurts Californians the Most

Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here.  But the state’s tax marauding politicians aren’t the only ones we should be worried about.  Presidential candidate Joe Biden also wants Washington’s share of our wallet.  Below are three proposed tax hikes that would be ...
Blog

Studies Show Wealth Tax Would Hurt California’s Economy

There are no state taxes on wealth in the U.S., but California is a good bet to be the first. The idea carries some political popularity, and its promises sound sweet, but what would be the reality if the legislation, Assembly Bill 2088, becomes law? A couple of Rice University ...
Blog

Jobless Californians May Have to Settle for $300

President Trump’s signature was barely dry when cash-strapped governors nationwide cried foul over his executive order to provide $400 of additional unemployment benefits a week for the country’s jobless, after negotiations on a new coronavirus stimulus package failed between the White House and Speaker Pelosi and Senate Minority Leader Schumer. ...
Business & Economics

Wayne Winegarden Quoted in Newsweek on Congressional Stimulus Debate

Here’s Why Democrats Have An Edge Over Republicans in Stimulus Negotiations By: Jenni Fink, Newsweek The White House and Democratic Party leadership both cast blame for the stalemate over a stimulus package on the opposing side, but, in the battle for another round of relief, experts see Republicans as having ...
Business & Economics

Congress Should Stimulate Economic Recovery By Empowering Businesses To Issue Tax-Free Debt

Congress and the Administration continue to debate the next stimulus bill. It will be much more effective, however, if we heed the lessons from the trillions of dollars that have already been spent battling the current recession. Some of the programs have helped individuals and businesses survive the economic lock-downs ...
Blog

High on Spending, Light on Stimulus: Legislative Democrats Propose $100 Billion Borrowing Plan

This week in Washington, Democrats and Republicans are squabbling over the next economic stimulus package.  Republicans have proposed a roughly $1 trillion plan, while Speaker Pelosi is pushing a $3 trillion plan.  The partisan haggling and negotiations via shuttle diplomacy have already begun. Upon returning from their summer recess, Sacramento ...
Blog

CalPERS and CalSTRS Annual Returns Latest Public Pension Crisis Warning Sign

The COVID-19 recession has fueled volatility in the financial markets.  Investment portfolios saw sharp drops in March and April but have rebounded recently as the economy opened up in some areas. This volatility has negatively impacted public pension funds. The Sacramento Bee reported last week that, “California’s pension fund for ...
Business & Economics

It’s time to bring our economy back to life. Paying workers to stay home won’t help

The federal government’s emergency unemployment benefits are set to expire this week. Set at $600 a week by the CARES Act — the economic rescue package Congress passed back in March — the emergency benefits were intended to supplement state unemployment insurance and offset the economic carnage caused by the coronavirus lockdowns. That extra ...
Blog

CalChamber “Job Killer” List Is One of the Few Watchdogs for Small Business

Most of the California business community is at the mercy of California’s progressive state legislature. It is easy to forget, especially with Silicon Valley pumping out inflated IPOs, that small businesses are the backbone of the economy. The U.S. Small Business Administration counts four million small business that call California ...
Blog

Trump’s Erratic Foreign Policy Continues in 2020

Last month, the Trump Administration announced a “historic deal” to normalize relations between the United Arab Emirates and Israel. Did the Trump administration solve Middle East conflict? No. While the merits of the deal will be debated in think tanks and foreign policy circles with overplayed game theory stereotypes, the ...
Blog

Biden’s Tax Plan: Where It Hurts Californians the Most

Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here.  But the state’s tax marauding politicians aren’t the only ones we should be worried about.  Presidential candidate Joe Biden also wants Washington’s share of our wallet.  Below are three proposed tax hikes that would be ...
Blog

Studies Show Wealth Tax Would Hurt California’s Economy

There are no state taxes on wealth in the U.S., but California is a good bet to be the first. The idea carries some political popularity, and its promises sound sweet, but what would be the reality if the legislation, Assembly Bill 2088, becomes law? A couple of Rice University ...
Blog

Jobless Californians May Have to Settle for $300

President Trump’s signature was barely dry when cash-strapped governors nationwide cried foul over his executive order to provide $400 of additional unemployment benefits a week for the country’s jobless, after negotiations on a new coronavirus stimulus package failed between the White House and Speaker Pelosi and Senate Minority Leader Schumer. ...
Business & Economics

Wayne Winegarden Quoted in Newsweek on Congressional Stimulus Debate

Here’s Why Democrats Have An Edge Over Republicans in Stimulus Negotiations By: Jenni Fink, Newsweek The White House and Democratic Party leadership both cast blame for the stalemate over a stimulus package on the opposing side, but, in the battle for another round of relief, experts see Republicans as having ...
Business & Economics

Congress Should Stimulate Economic Recovery By Empowering Businesses To Issue Tax-Free Debt

Congress and the Administration continue to debate the next stimulus bill. It will be much more effective, however, if we heed the lessons from the trillions of dollars that have already been spent battling the current recession. Some of the programs have helped individuals and businesses survive the economic lock-downs ...
Blog

High on Spending, Light on Stimulus: Legislative Democrats Propose $100 Billion Borrowing Plan

This week in Washington, Democrats and Republicans are squabbling over the next economic stimulus package.  Republicans have proposed a roughly $1 trillion plan, while Speaker Pelosi is pushing a $3 trillion plan.  The partisan haggling and negotiations via shuttle diplomacy have already begun. Upon returning from their summer recess, Sacramento ...
Blog

CalPERS and CalSTRS Annual Returns Latest Public Pension Crisis Warning Sign

The COVID-19 recession has fueled volatility in the financial markets.  Investment portfolios saw sharp drops in March and April but have rebounded recently as the economy opened up in some areas. This volatility has negatively impacted public pension funds. The Sacramento Bee reported last week that, “California’s pension fund for ...
Business & Economics

It’s time to bring our economy back to life. Paying workers to stay home won’t help

The federal government’s emergency unemployment benefits are set to expire this week. Set at $600 a week by the CARES Act — the economic rescue package Congress passed back in March — the emergency benefits were intended to supplement state unemployment insurance and offset the economic carnage caused by the coronavirus lockdowns. That extra ...
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