Business & Economics
Blog
How does California’s employment growth compare with the rest of the US?
Gov. Gavin Newsom and California’s progressives point to the Trump Administration’s imposition of tariffs as a reason for its economic slowdown, and the LAO acknowledges that unpredictable policymaking at the federal level puts California’s ‘fragile economy at risk.’ But while California’s ports have seen a decline in economic activity over ...
Blog
Spending Watch
AB 4: A Bad Idea That Costs Too Much
AB 4: A Bad Idea That Costs Too Much Wayne Winegarden and Nikhil Agarwal May 2025 As we noted in an earlier Spending Watch piece, growing economic volatility will likely cause revenue growth to be much weaker than expected for the upcoming FY2025-26 budget. It is, consequently, fiscally irresponsible for ...
Blog
Read about the latest bill attacking worker freedom
Seeking to Override Voters, Sacramento Tries Again to Unionize Gig Workers
Assembly Bill 1340 has, as reported by Politico, “cleared its first hurdle … deepening a yearslong clash between organized labor and major California-based tech firms.” The “clash” was set off by Assembly Bill 5 in 2019, a predatory law that was a gift to organized labor that lusted for the membership ...
Business & Economics
Ambassador Francis Rooney – On the Legacy of Pope Francis and the Conclave to Elect the Next Pope
This week, Tim talks with Ambassador Francis Rooney, who was the U.S. Representative to the Holy See during the George W. Bush administration and who later served as a Member of Congress. They talk about talk about how American Catholics will remember Pope Francis, what to expect from the conclave ...
Blog
China Is Preparing to Go to War in Space
READ THE PDF China Is Preparing to Go to War in Space On April 24, a Long March 2F rocket lifted off from the Jiuquan Satellite Launch Center in northwest China and carried the three taikonauts of the Shenzhou-20 mission to the Tiangong space station. There, they replaced the Shenzhou-19 ...
Blog
Newsom’s Diaper Plan Stinks
Why a new program when the old one is working ok? The state argues that there are gaps in the existing program, which targets low-income parents. Instead of simply filling the gaps, the state wants to impose some elaborate scheme that is akin to killing a gnat with a shotgun. ...
Blog
Why Your Next Bottle of French Champagne Could Cost More: Tariffs & US Sparkling Wine Options
When I read the news that prices on French Champagne could soon be soaring under President Trump’s tariff plan, my first response was to quickly get to my nearest Costco. Veuve Clicquot champagne, still made much like it was when first developed over 200 years ago by the “Grande Dame” ...
Blog
Spending Watch
The May Revision Should Assume A Weaker Fiscal Position for FY2025-26
The May Revision Should Assume A Weaker Fiscal Position for FY2025-26 Wayne Winegarden April 2025 The recently enacted tariffs are significant tax increases on consumption and production, as I discussed in a February 2025 PRI Issue Brief. These tariffs will increase costs for consumers and reduce profits for businesses both ...
Blog
Africa, Unchained From China
READ THE PDF Africa, Unchained From China Elon Musk on March 22 accused the Economic Freedom Fighters of inciting racial hatred. “Very few people know that there is a major political party in South Africa that is actively promoting white genocide,” he posted on his X platform.[1] The leader of ...
Business & Economics
An economist explains what trade deficits really mean
Believing the myth that trade deficits are bad, the Trump Administration imposed global reciprocal tariffs this week. The proposal threatens to derail economic prosperity and trigger a barn burner of a recession. The fallacy of this myth can be clearly seen in the U.S. economic data. Over the last half-century ...
How does California’s employment growth compare with the rest of the US?
Gov. Gavin Newsom and California’s progressives point to the Trump Administration’s imposition of tariffs as a reason for its economic slowdown, and the LAO acknowledges that unpredictable policymaking at the federal level puts California’s ‘fragile economy at risk.’ But while California’s ports have seen a decline in economic activity over ...
Spending Watch
AB 4: A Bad Idea That Costs Too Much
AB 4: A Bad Idea That Costs Too Much Wayne Winegarden and Nikhil Agarwal May 2025 As we noted in an earlier Spending Watch piece, growing economic volatility will likely cause revenue growth to be much weaker than expected for the upcoming FY2025-26 budget. It is, consequently, fiscally irresponsible for ...
Read about the latest bill attacking worker freedom
Seeking to Override Voters, Sacramento Tries Again to Unionize Gig Workers
Assembly Bill 1340 has, as reported by Politico, “cleared its first hurdle … deepening a yearslong clash between organized labor and major California-based tech firms.” The “clash” was set off by Assembly Bill 5 in 2019, a predatory law that was a gift to organized labor that lusted for the membership ...
Ambassador Francis Rooney – On the Legacy of Pope Francis and the Conclave to Elect the Next Pope
This week, Tim talks with Ambassador Francis Rooney, who was the U.S. Representative to the Holy See during the George W. Bush administration and who later served as a Member of Congress. They talk about talk about how American Catholics will remember Pope Francis, what to expect from the conclave ...
China Is Preparing to Go to War in Space
READ THE PDF China Is Preparing to Go to War in Space On April 24, a Long March 2F rocket lifted off from the Jiuquan Satellite Launch Center in northwest China and carried the three taikonauts of the Shenzhou-20 mission to the Tiangong space station. There, they replaced the Shenzhou-19 ...
Newsom’s Diaper Plan Stinks
Why a new program when the old one is working ok? The state argues that there are gaps in the existing program, which targets low-income parents. Instead of simply filling the gaps, the state wants to impose some elaborate scheme that is akin to killing a gnat with a shotgun. ...
Why Your Next Bottle of French Champagne Could Cost More: Tariffs & US Sparkling Wine Options
When I read the news that prices on French Champagne could soon be soaring under President Trump’s tariff plan, my first response was to quickly get to my nearest Costco. Veuve Clicquot champagne, still made much like it was when first developed over 200 years ago by the “Grande Dame” ...
Spending Watch
The May Revision Should Assume A Weaker Fiscal Position for FY2025-26
The May Revision Should Assume A Weaker Fiscal Position for FY2025-26 Wayne Winegarden April 2025 The recently enacted tariffs are significant tax increases on consumption and production, as I discussed in a February 2025 PRI Issue Brief. These tariffs will increase costs for consumers and reduce profits for businesses both ...
Africa, Unchained From China
READ THE PDF Africa, Unchained From China Elon Musk on March 22 accused the Economic Freedom Fighters of inciting racial hatred. “Very few people know that there is a major political party in South Africa that is actively promoting white genocide,” he posted on his X platform.[1] The leader of ...
An economist explains what trade deficits really mean
Believing the myth that trade deficits are bad, the Trump Administration imposed global reciprocal tariffs this week. The proposal threatens to derail economic prosperity and trigger a barn burner of a recession. The fallacy of this myth can be clearly seen in the U.S. economic data. Over the last half-century ...
