Overregulation
Blog
Trucking and Shipping Latest Victims of California’s “Cruelest Law,” AB 5
If anyone thinks they’re seeing fewer trucks ripping up and down Interstate 5 or slogging through the perpetual 405 gridlock, it might not be their imagination. California law is strangling the freight-hauling business. There has been “a wave of bankruptcies among California trucking companies,” reports Floor Covering News, a trade publication, partially the result of the economic decline of the freight ...
Agriculture
The abundance of Thanksgiving hides the challenges in agriculture
We are a nation that celebrates with food. Birthdays are synonymous with cake and ice cream. Easter is all about eggs and chocolate. Halloween is everyone’s favorite day for candy. But the ultimate in food-related holidays is Thanksgiving. This Thanksgiving, Americans will consume about 46 million turkeys, 77 million hams, ...
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
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 ...
Blog
Learn about the impact of the latest refinery fire
How Much Will Gas Prices Rise After So Cal Refinery Fire?
Producing 269,000 barrels a day of useful fossil fuels, the El Segundo facility is second in the state only to Marathon’s Los Angeles refinery, which puts out 365,000 barrels a day, good for 22.5% of state’s capacity. The Chevron site provides 20% of motor vehicle fuel in California and 40% of the ...
Blog
Read the latest from PRI's Free Cities Center
It’s not just AI: California city minimum wages also kill jobs
As if it didn’t kill enough jobs, 39 cities have imposed their own, even higher minimums. A dozen of the cities did so on July 1. The highest general minimum is Emeryville’s, at $19.90. Some cities also mandate higher minimums for certain jobs. For the city of Los Angeles, the ...
Blog
Fact Checking The Governor on Manufacturing
While announcing last month the state’s Regional Investment Initiative “to fund ready-to-go projects,” Newsom’s office declared that “California is the nation’s top state for” a number of economic sectors, including manufacturing. It’s a recurring message from the governor’s press team. It is true that California has the most manufacturing jobs in the country. Federal data ...
Business & Economics
Penalizing Mergers And Acquisitions Won’t Accelerate Economic Growth
The U.S. is mired in a growth slowdown… The growth slowdown is not preordained; it is a policy driven outcome that can be reversed by implementing the right reforms. Toward this goal, a ruling by the U.S. Tax Court this past summer made small but significant progress. Read the op-ed ...
Business & Economics
Using The Government To Crush Competitors Harms Fans And The Economy
Cronyism and industrial policy are thriving to the detriment of our economic vibrancy. Consider that between 1960 and 2007 – right before the Great Recession – the economy expanded by more than 3% annually. Recessions happened, of course, but the economy always recovered the lost ground. Read the op-ed here.
Blog
SpaceX Vs. California – Again
It took Elon Musk’s rocket company about a week to challenge the commission in court, arguing in its October filing that it was “egregiously and unlawfully overreaching its authority.” “First, the commission has engaged in naked political discrimination against” SpaceX, reads the complaint, and, second, the agency “is trying to ...
Trucking and Shipping Latest Victims of California’s “Cruelest Law,” AB 5
If anyone thinks they’re seeing fewer trucks ripping up and down Interstate 5 or slogging through the perpetual 405 gridlock, it might not be their imagination. California law is strangling the freight-hauling business. There has been “a wave of bankruptcies among California trucking companies,” reports Floor Covering News, a trade publication, partially the result of the economic decline of the freight ...
The abundance of Thanksgiving hides the challenges in agriculture
We are a nation that celebrates with food. Birthdays are synonymous with cake and ice cream. Easter is all about eggs and chocolate. Halloween is everyone’s favorite day for candy. But the ultimate in food-related holidays is Thanksgiving. This Thanksgiving, Americans will consume about 46 million turkeys, 77 million hams, ...
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 ...
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 ...
Learn about the impact of the latest refinery fire
How Much Will Gas Prices Rise After So Cal Refinery Fire?
Producing 269,000 barrels a day of useful fossil fuels, the El Segundo facility is second in the state only to Marathon’s Los Angeles refinery, which puts out 365,000 barrels a day, good for 22.5% of state’s capacity. The Chevron site provides 20% of motor vehicle fuel in California and 40% of the ...
Read the latest from PRI's Free Cities Center
It’s not just AI: California city minimum wages also kill jobs
As if it didn’t kill enough jobs, 39 cities have imposed their own, even higher minimums. A dozen of the cities did so on July 1. The highest general minimum is Emeryville’s, at $19.90. Some cities also mandate higher minimums for certain jobs. For the city of Los Angeles, the ...
Fact Checking The Governor on Manufacturing
While announcing last month the state’s Regional Investment Initiative “to fund ready-to-go projects,” Newsom’s office declared that “California is the nation’s top state for” a number of economic sectors, including manufacturing. It’s a recurring message from the governor’s press team. It is true that California has the most manufacturing jobs in the country. Federal data ...
Penalizing Mergers And Acquisitions Won’t Accelerate Economic Growth
The U.S. is mired in a growth slowdown… The growth slowdown is not preordained; it is a policy driven outcome that can be reversed by implementing the right reforms. Toward this goal, a ruling by the U.S. Tax Court this past summer made small but significant progress. Read the op-ed ...
Using The Government To Crush Competitors Harms Fans And The Economy
Cronyism and industrial policy are thriving to the detriment of our economic vibrancy. Consider that between 1960 and 2007 – right before the Great Recession – the economy expanded by more than 3% annually. Recessions happened, of course, but the economy always recovered the lost ground. Read the op-ed here.
SpaceX Vs. California – Again
It took Elon Musk’s rocket company about a week to challenge the commission in court, arguing in its October filing that it was “egregiously and unlawfully overreaching its authority.” “First, the commission has engaged in naked political discrimination against” SpaceX, reads the complaint, and, second, the agency “is trying to ...
