Business & Economics
Business & Economics
Cut the Budget, Arnold
Could things get any worse for California’s economy? State unemployment in June jumped to 11.6 percent — the highest rate on record, and among the top six nationally. Frantic negotiations between Governor Schwarzenegger and Sacramento lawmakers have yielded a deal to meet the government’s $26-billion budget shortfall, but as of ...
Commentary
Sally C. Pipes: Texas-style health care reform is bigger and better
President Obama’s campaign for healthcare reform has run into an unexpected roadblock — other Democrats. And, Senate Majority Leader Harry Reid, D-NV, said yesterday that the Senate would not be voting on a bill prior to the August recess. The president wanted to get a bill passed before the recess ...
Business & Economics
Pension Calculus Draws New Scrutiny
A California dustup over large pension payments is shining a spotlight on the practice of spiking — increasing a salary just before retirement and boosting the lifelong payout. Pete Nowicki had been making $186,000 shortly before he retired in January as chief for a fire department shared by the municipalities ...
Business & Economics
Staggering Statistics Scream for Dramatic Policy Changes
New unemployment statistics are the latest in a seemingly endless series of reminders of Michigan’s economic woes and policy miscalculations. The state’s unemployment rate leapt to 15.2 percent in June, the 40th consecutive month Michigan has had the highest unemployment rate in the nation. To put things in even greater ...
Business & Economics
Obama fast becoming Canada’s best friend
Canada has a new secret weapon. His name is Barack Obama. At least, that’s one interpretation of negative fiscal consequences likely to flow from the Democratic president’s ambitious, big-ticket government agenda and not a far-fetched one at that. According to an analysis offered last week by economist Jason Clemens, research ...
Business & Economics
Labor Day in California: Not Much to Celebrate
Californians work hard and Labor Day will provide them with a much needed break. The festivities, however, should not overshadow a disturbing reality. Nowhere are California’s economic problems more serious than in our labor market. The best known and perhaps most watched labor statistic is the unemployment rate. California’s unemployment ...
Business & Economics
The Pacific Research Institute Introduces the California Enterprise Value Index
CEVI Peaked 10 Years Ago – On a Three-Year Downward Trend San Francisco, July 9, 2009 – The Pacific Research Institute (PRI) announced today the introduction of the California Enterprise Value Index, a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV ...
Business & Economics
California Enterprise Value Index
The California Enterprise Value Index is a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV of all U.S. publicly traded companies. This is the first measure in an ongoing series. “The Index is a barometer of the relative underperformance or overperformance ...
Business & Economics
President plays high-stakes poker with taxpayers’ money
Like a young, aggressive poker player, President Obama seems to have pushed in all his chips on his budget. The size of the gamble is nearly unprecedented because the pot holds the nation’s economic future for at least a generation. There is agreement across the political spectrum that the president’s ...
Business & Economics
When Economic Stimulus Does Not Stimulate
A majority of Americans now give President Obama’s handling of the economy a negative rating and many economists and city officials are concerned that Obama’s gargantuan stimulus effort has not given the expected quick boost to the economy. Some argue this is because funds have been slow in coming due ...
Cut the Budget, Arnold
Could things get any worse for California’s economy? State unemployment in June jumped to 11.6 percent — the highest rate on record, and among the top six nationally. Frantic negotiations between Governor Schwarzenegger and Sacramento lawmakers have yielded a deal to meet the government’s $26-billion budget shortfall, but as of ...
Sally C. Pipes: Texas-style health care reform is bigger and better
President Obama’s campaign for healthcare reform has run into an unexpected roadblock — other Democrats. And, Senate Majority Leader Harry Reid, D-NV, said yesterday that the Senate would not be voting on a bill prior to the August recess. The president wanted to get a bill passed before the recess ...
Pension Calculus Draws New Scrutiny
A California dustup over large pension payments is shining a spotlight on the practice of spiking — increasing a salary just before retirement and boosting the lifelong payout. Pete Nowicki had been making $186,000 shortly before he retired in January as chief for a fire department shared by the municipalities ...
Staggering Statistics Scream for Dramatic Policy Changes
New unemployment statistics are the latest in a seemingly endless series of reminders of Michigan’s economic woes and policy miscalculations. The state’s unemployment rate leapt to 15.2 percent in June, the 40th consecutive month Michigan has had the highest unemployment rate in the nation. To put things in even greater ...
Obama fast becoming Canada’s best friend
Canada has a new secret weapon. His name is Barack Obama. At least, that’s one interpretation of negative fiscal consequences likely to flow from the Democratic president’s ambitious, big-ticket government agenda and not a far-fetched one at that. According to an analysis offered last week by economist Jason Clemens, research ...
Labor Day in California: Not Much to Celebrate
Californians work hard and Labor Day will provide them with a much needed break. The festivities, however, should not overshadow a disturbing reality. Nowhere are California’s economic problems more serious than in our labor market. The best known and perhaps most watched labor statistic is the unemployment rate. California’s unemployment ...
The Pacific Research Institute Introduces the California Enterprise Value Index
CEVI Peaked 10 Years Ago – On a Three-Year Downward Trend San Francisco, July 9, 2009 – The Pacific Research Institute (PRI) announced today the introduction of the California Enterprise Value Index, a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV ...
California Enterprise Value Index
The California Enterprise Value Index is a measure of the enterprise value (EV) of publicly traded companies headquartered in California relative to the EV of all U.S. publicly traded companies. This is the first measure in an ongoing series. “The Index is a barometer of the relative underperformance or overperformance ...
President plays high-stakes poker with taxpayers’ money
Like a young, aggressive poker player, President Obama seems to have pushed in all his chips on his budget. The size of the gamble is nearly unprecedented because the pot holds the nation’s economic future for at least a generation. There is agreement across the political spectrum that the president’s ...
When Economic Stimulus Does Not Stimulate
A majority of Americans now give President Obama’s handling of the economy a negative rating and many economists and city officials are concerned that Obama’s gargantuan stimulus effort has not given the expected quick boost to the economy. Some argue this is because funds have been slow in coming due ...
