Housing
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
Obama’s Stimulus is Proving as Disastrous as FDR’s New Deal
Talking about his first few months in office, President Obama said this at a fundraiser in Los Angeles: We started off in the midst of the worst economic crisis since the Great Depression. And so what we decided to do was pass the largest economic recovery package in the history ...
Commentary
Medicare: The Problem and the Solution?
What has the most potential to mire the United States in long-term debt? According to White House Office of Management and Budget Director Peter Orszag, the answer is Medicare and Medicaid. Orszag writes that every other federal program’s effect on future deficits and debt is “swamped” by the effects of ...
Commentary
Robert Reich on Public Option
Robert Reich, Bill Clinton’s Labor Secretary, has the answer in today’s Wall Street Journal. According to Mr. Reich, a “public option” (actually a swamp of new government bureaucracies, ready from “day one” for perpetual taxpayer bailouts), would “squeeze” the profits of private health providers. It is dead easy for government ...
Commentary
Governor Schwarzenegger Creates the California Complete Count Committee
Sacramento, California – Governor Arnold Schwarzenegger today announced the creation of the California Complete Count Committee (Committee) to ensure a complete count for the 2010 Census. “Every Californian counts,” Governor Schwarzenegger said. “The Census determines how the distribution of more than $300 billion in federal funds goes to local, state ...
Commentary
Health-Care Bill Is the Ball Game
You might suppose that President Obama has his hands full running two wars, administering General Motors, “rescuing” the banking system, attempting to empower unions over management, hushing up whispers about hypocrisy regarding Guantanamo detainees, managing the mortgage crisis, imposing “clean energy” on the nation, handling nuclear North Korea and nearly ...
Business & Economics
Make California an Enterprise Zone
Jack Kemp, who passed away last month at 73, is associated with football, New York state, and Washington DC. He was actually a native Californian and right now the Golden State could use some of his ideas. The former AFL quarterback proved that the Washington establishment makes a poor teammate ...
Commentary
Popular Ranking Unfairly Misrepresents the U.S. Health Care System
The media and political community have made a big deal out of the fact that the U.S. ranks 37 out of 191 countries on the World Health Organization’s Health Care Ranking System. Is this tool a credible way to compare quality health care delivered in the U.S. vs the rest ...
Business & Economics
The Nuttiness of Negative Interest Rates
In his April 18 New York Times op-ed, Harvard professor (and Bush adviser) Greg Mankiw calls on the Federal Reserve to promise future inflation, in order to fix the economy. Mankiw’s article beautifully illustrates what is wrong with today’s economics profession: it consists of very sharp guys (and gals) who ...
Business & Economics
California’s ‘Spending Limit’ Is A Sham
The outlook for the California economy is dreadful, driven by a deeply perverse tax and regulatory environment, combined with Governor Arnold Schwarzenegger’s highly successful five-year effort to avoid hard choices. And so the state budget, the utter profligacy of which for years has been papered over with accounting tricks and ...
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 ...
Obama’s Stimulus is Proving as Disastrous as FDR’s New Deal
Talking about his first few months in office, President Obama said this at a fundraiser in Los Angeles: We started off in the midst of the worst economic crisis since the Great Depression. And so what we decided to do was pass the largest economic recovery package in the history ...
Medicare: The Problem and the Solution?
What has the most potential to mire the United States in long-term debt? According to White House Office of Management and Budget Director Peter Orszag, the answer is Medicare and Medicaid. Orszag writes that every other federal program’s effect on future deficits and debt is “swamped” by the effects of ...
Robert Reich on Public Option
Robert Reich, Bill Clinton’s Labor Secretary, has the answer in today’s Wall Street Journal. According to Mr. Reich, a “public option” (actually a swamp of new government bureaucracies, ready from “day one” for perpetual taxpayer bailouts), would “squeeze” the profits of private health providers. It is dead easy for government ...
Governor Schwarzenegger Creates the California Complete Count Committee
Sacramento, California – Governor Arnold Schwarzenegger today announced the creation of the California Complete Count Committee (Committee) to ensure a complete count for the 2010 Census. “Every Californian counts,” Governor Schwarzenegger said. “The Census determines how the distribution of more than $300 billion in federal funds goes to local, state ...
Health-Care Bill Is the Ball Game
You might suppose that President Obama has his hands full running two wars, administering General Motors, “rescuing” the banking system, attempting to empower unions over management, hushing up whispers about hypocrisy regarding Guantanamo detainees, managing the mortgage crisis, imposing “clean energy” on the nation, handling nuclear North Korea and nearly ...
Make California an Enterprise Zone
Jack Kemp, who passed away last month at 73, is associated with football, New York state, and Washington DC. He was actually a native Californian and right now the Golden State could use some of his ideas. The former AFL quarterback proved that the Washington establishment makes a poor teammate ...
Popular Ranking Unfairly Misrepresents the U.S. Health Care System
The media and political community have made a big deal out of the fact that the U.S. ranks 37 out of 191 countries on the World Health Organization’s Health Care Ranking System. Is this tool a credible way to compare quality health care delivered in the U.S. vs the rest ...
The Nuttiness of Negative Interest Rates
In his April 18 New York Times op-ed, Harvard professor (and Bush adviser) Greg Mankiw calls on the Federal Reserve to promise future inflation, in order to fix the economy. Mankiw’s article beautifully illustrates what is wrong with today’s economics profession: it consists of very sharp guys (and gals) who ...
California’s ‘Spending Limit’ Is A Sham
The outlook for the California economy is dreadful, driven by a deeply perverse tax and regulatory environment, combined with Governor Arnold Schwarzenegger’s highly successful five-year effort to avoid hard choices. And so the state budget, the utter profligacy of which for years has been papered over with accounting tricks and ...
