Business & Economics
Blog
India, China, and Pakistan: The Big War is Coming
READ THE PDF India, China, and Pakistan: The Big War is Coming “Communist China will never leave democratic India alone,” says Maura Moynihan, who as the daughter of the late Daniel Patrick Moynihan lived in India when he was ambassador there in the 1970s. “The Chinese are afraid of the ...
Blog
Spending Watch
Budget Gimmicks Will Not Solve The State’s Fiscal Crisis
Budget Gimmicks Will Not Solve The State’s Fiscal Crisis Wayne Winegarden June 2025 It’s budget crunch time for Gov. Newsom and legislative leaders. The immediate problem is closing the estimated $12 billion budget shortfall for the FY2025-26 budget. Despite this serious fiscal challenge, the Governor’s budget proposal demonstrates an unseriousness ...
Blog
Read about the new LA $30 minimum wage
Job Losses, Cancelled Projects Follows LA Passing $30 Minimum Wage
The City Council, operating as if in bubble that can’t be penetrated by real-world economic behavior, voted on May 23 to hike the minimum wage for hotel and airport workers from the current $17.28 (due to rise to $17.81 on July 1) for all workers to $30. If the raise ...
Business & Economics
Tariffs Either Can’t, Won’t, Or Shouldn’t Re-shore Manufacturing Jobs
Despite the unanimous ruling from the Court of International Trade, the Supreme Court will likely decide whether the International Emergency Economic Powers Act empowers President Trump to levy global tariffs. As this process will take time to play out, economic uncertainty will persist for the foreseeable future. What isn’t uncertain ...
Blog
Spending Watch
Covering Undocumented Immigrants Will Worsen The State’s Fiscal Crisis
Covering Undocumented Immigrants Will Worsen The State’s Fiscal Crisis Wayne Winegarden May 2025 A previous Spending Watch analysis estimated the fiscal and economic impact of funding Medi-Cal benefits to undocumented immigrants. The analysis estimated that the expansion will require an additional $11.6 billion in expenditures, which will impose large economic ...
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 ...
India, China, and Pakistan: The Big War is Coming
READ THE PDF India, China, and Pakistan: The Big War is Coming “Communist China will never leave democratic India alone,” says Maura Moynihan, who as the daughter of the late Daniel Patrick Moynihan lived in India when he was ambassador there in the 1970s. “The Chinese are afraid of the ...
Spending Watch
Budget Gimmicks Will Not Solve The State’s Fiscal Crisis
Budget Gimmicks Will Not Solve The State’s Fiscal Crisis Wayne Winegarden June 2025 It’s budget crunch time for Gov. Newsom and legislative leaders. The immediate problem is closing the estimated $12 billion budget shortfall for the FY2025-26 budget. Despite this serious fiscal challenge, the Governor’s budget proposal demonstrates an unseriousness ...
Read about the new LA $30 minimum wage
Job Losses, Cancelled Projects Follows LA Passing $30 Minimum Wage
The City Council, operating as if in bubble that can’t be penetrated by real-world economic behavior, voted on May 23 to hike the minimum wage for hotel and airport workers from the current $17.28 (due to rise to $17.81 on July 1) for all workers to $30. If the raise ...
Tariffs Either Can’t, Won’t, Or Shouldn’t Re-shore Manufacturing Jobs
Despite the unanimous ruling from the Court of International Trade, the Supreme Court will likely decide whether the International Emergency Economic Powers Act empowers President Trump to levy global tariffs. As this process will take time to play out, economic uncertainty will persist for the foreseeable future. What isn’t uncertain ...
Spending Watch
Covering Undocumented Immigrants Will Worsen The State’s Fiscal Crisis
Covering Undocumented Immigrants Will Worsen The State’s Fiscal Crisis Wayne Winegarden May 2025 A previous Spending Watch analysis estimated the fiscal and economic impact of funding Medi-Cal benefits to undocumented immigrants. The analysis estimated that the expansion will require an additional $11.6 billion in expenditures, which will impose large economic ...
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 ...
