Business & Economics
Blog
The fast food minimum wage hike continues to kill jobs
Governor Newsom Protests Too Much – the Minimum Wage Increase Did Destroy Jobs
As the New York Post reported, Newsom’s deputy director of communications Tara Gallegos disputed the findings of the piece, pointing out to Fox News Digital that the research paper was linked to the Hoover Institution, a public policy think tank she claimed has published “false or misleading information” about California’s ...
Blog
California’s flawed budgeting causes routine deficits
For years analysts have warned that California’s overreliance on a roller-coaster stock market destabilizes California’s budget. During bull markets, revenues surge and Sacramento politicians commit to an unaffordable level of spending that only becomes evident when revenues inevitably crash. Rather than admitting that the spending was never affordable, the political ...
Business & Economics
Dr. Wayne Winegarden – What Should Fiscal Conservatives Think About the “One Big Beautiful Bill”?
This week on Next Round, we welcome back PRI senior fellow in business and economics Dr. Wayne Winegarden to talk about the big economic topics in the news recently – the passage by Congress of the reconciliation bill, the Trump administration’s latest global tariff proposals, the federal budget recissions bill ...
Blog
The Gordon Chang Report–In China’s ‘Intriguing Period,’ Xi Jinping Could Be Deposed
READ THE PDF In China’s ‘Intriguing Period,’ Xi Jinping Could Be Deposed Xi Jinping, often called China’s “all-powerful” leader, has recently lost substantial influence over the Chinese regime. Some analysts even believe that in the next few months Xi will be formally removed from his three positions: Communist Party general ...
Agriculture
Fourth of July cookout costs emphasize the need for agriculture
As in years’ past, the American Farm Bureau Federation highlights our food production history by examining the cost of cooking for our family and friends on Fourth of July in the present. The West Coast has retained the dubious distinction of being the most expensive region of the country to ...
Blog
The Heart Of American Entrepreneurship Has Grown Cold
Silicon Valley has long been considered the white-hot destination for entrepreneurs. “The area is extremely start-up friendly,” says the University of Silicon Valley. The University of San Francisco’s Center for Research, Artistic and Scholarly Excellence tell us “Silicon Valley has a long history of creating and nurturing an ecosystem of entrepreneurs, startups, ...
Blog
Spending Watch
An Irresponsible FY2025-26 Budget All but Ensures Future Fiscal Crises
An Irresponsible FY2025-26 Budget All but Ensures Future Fiscal Crises Wayne Winegarden July 2025 Another fiscal year, another lost opportunity. In a June 2025 Spending Watch analysis, I lamented that Newsom was relying on gimmicks to close the current $12 billion budget deficit. The final budget the governor and legislative ...
Blog
Unions push $30 minimum wage for all Los Angeles workers
Under current policy, hotel and airport workers are already on their way to a $30 an hour wage floor ($38.85 if you add in a mandatory additional stipend for health coverage). Good for those who keep their jobs, but not for those who will lose them, or will never be hired ...
Blog
Slowing Consumption Poses an Additional Fiscal Threat to California
The California New Car Dealers Associationnotes that total new vehicle registrations in the state stagnated in 2024 and are expected to decline slightly in 2025. The California Chamber of Commerce reports that tourism, which generated over $12 billion in tax revenue from both international and domestic visitors in 2024, is ...
Blog
Learn why California's unemployment rate is rising
Disaster looms with California’s high unemployment
Currently, California currently ranks as the fourth-highest unemployment rate of any state (including the District of Columbia) in the nation, at 5.3 percent. California’s unemployment rate steadily increased by a full percentage point between March 2023 and September 2024 and, despite continued economic growth, has plateaued ever since. By contrast, ...
The fast food minimum wage hike continues to kill jobs
Governor Newsom Protests Too Much – the Minimum Wage Increase Did Destroy Jobs
As the New York Post reported, Newsom’s deputy director of communications Tara Gallegos disputed the findings of the piece, pointing out to Fox News Digital that the research paper was linked to the Hoover Institution, a public policy think tank she claimed has published “false or misleading information” about California’s ...
California’s flawed budgeting causes routine deficits
For years analysts have warned that California’s overreliance on a roller-coaster stock market destabilizes California’s budget. During bull markets, revenues surge and Sacramento politicians commit to an unaffordable level of spending that only becomes evident when revenues inevitably crash. Rather than admitting that the spending was never affordable, the political ...
Dr. Wayne Winegarden – What Should Fiscal Conservatives Think About the “One Big Beautiful Bill”?
This week on Next Round, we welcome back PRI senior fellow in business and economics Dr. Wayne Winegarden to talk about the big economic topics in the news recently – the passage by Congress of the reconciliation bill, the Trump administration’s latest global tariff proposals, the federal budget recissions bill ...
The Gordon Chang Report–In China’s ‘Intriguing Period,’ Xi Jinping Could Be Deposed
READ THE PDF In China’s ‘Intriguing Period,’ Xi Jinping Could Be Deposed Xi Jinping, often called China’s “all-powerful” leader, has recently lost substantial influence over the Chinese regime. Some analysts even believe that in the next few months Xi will be formally removed from his three positions: Communist Party general ...
Fourth of July cookout costs emphasize the need for agriculture
As in years’ past, the American Farm Bureau Federation highlights our food production history by examining the cost of cooking for our family and friends on Fourth of July in the present. The West Coast has retained the dubious distinction of being the most expensive region of the country to ...
The Heart Of American Entrepreneurship Has Grown Cold
Silicon Valley has long been considered the white-hot destination for entrepreneurs. “The area is extremely start-up friendly,” says the University of Silicon Valley. The University of San Francisco’s Center for Research, Artistic and Scholarly Excellence tell us “Silicon Valley has a long history of creating and nurturing an ecosystem of entrepreneurs, startups, ...
Spending Watch
An Irresponsible FY2025-26 Budget All but Ensures Future Fiscal Crises
An Irresponsible FY2025-26 Budget All but Ensures Future Fiscal Crises Wayne Winegarden July 2025 Another fiscal year, another lost opportunity. In a June 2025 Spending Watch analysis, I lamented that Newsom was relying on gimmicks to close the current $12 billion budget deficit. The final budget the governor and legislative ...
Unions push $30 minimum wage for all Los Angeles workers
Under current policy, hotel and airport workers are already on their way to a $30 an hour wage floor ($38.85 if you add in a mandatory additional stipend for health coverage). Good for those who keep their jobs, but not for those who will lose them, or will never be hired ...
Slowing Consumption Poses an Additional Fiscal Threat to California
The California New Car Dealers Associationnotes that total new vehicle registrations in the state stagnated in 2024 and are expected to decline slightly in 2025. The California Chamber of Commerce reports that tourism, which generated over $12 billion in tax revenue from both international and domestic visitors in 2024, is ...
Learn why California's unemployment rate is rising
Disaster looms with California’s high unemployment
Currently, California currently ranks as the fourth-highest unemployment rate of any state (including the District of Columbia) in the nation, at 5.3 percent. California’s unemployment rate steadily increased by a full percentage point between March 2023 and September 2024 and, despite continued economic growth, has plateaued ever since. By contrast, ...
