Unemployment
Business & Economics
Puerto Rico’s epic tax blunder
Let’s say you’re an elected leader faced with a tough decision about how to revive the lagging economy. Your predecessors had tremendous success spurring growth by making the local tax environment exceptionally friendly to investment. However, in recent years, as the global economy has contracted, so has yours. GDP has ...
Business & Economics
Voting against jobs in California
Buried under the political headlines in California, which largely focus on Jerry Brown’s gubernatorial victory, Barbara Boxer’s winning a fourth Senate term and the Republican takeover of the House of Representatives, lie two ballot decisions that will have serious long-lasting consequences for the California economy. The first is the rejection ...
Business & Economics
Memo to DC: Don’t follow California’s bad example
In instance after instance, Washington has mimicked the failed policies of the Golden State. For the sake of the nation, it’s time Washington stopped following California and started heading in a new direction. Between the budget and legislation such as Obamacare, the Democrats have proposed large-scale increases in taxes on ...
Business & Economics
World Series policy lessons
Much of California and Texas are in a state of baseball euphoria. Either the San Francisco Giants or the Texas Rangers will win their first World Series title this week. (The Giants won it in 1954 but were a New York team then.) Unfortunately for Californians, the shared state of ...
Business & Economics
The government is paying people not to work
This year’s Nobel Memorial Prize in Economics went to Peter Diamond, Dale Mortensen, and Christopher Pissarides for their work on “search theory,” especially as applied to labor markets. The irony is that their award-winning work provides peer-reviewed justification for a commonsense solution to high unemployment. Continuous extensions of unemployment benefits ...
Business & Economics
Proposition 23 and California Employment
Proposition 23, on next Tuesday’s ballot, would suspend the implementation of the California Global Warming Solutions Act of 2006 (AB 32) until the state unemployment rate, now 12.4 percent, declines to 5.5 percent for four quarters. A new study published by the Pacific Research Institute examines the employment implications of ...
Commentary
About California’s Prop 23
On November 2, Californians will have an unprecedented opportunity to vote on a ballot measure that will protect jobs and their quality of life. Proposition 23 would suspend implementation of AB 32, the Global Warming Solutions Act of 2006, until the state’s unemployment rate drops to 5.5 percent or lower ...
Business & Economics
Memo to Candidates – Dire Economy Calls for Deep Reforms
California’s unemployment rate is 12.4 percent – third-highest in the country – but that statistic fails to tell the whole story of our economic woes. If marginal workers and those forced to work part-time are added to the base unemployment rate – what the Bureau of Labor Statistics refers to ...
Business & Economics
Returning the state to prosperity requires action
As the November election approaches, Californians don’t need to be reminded of the dismal state of the Golden State. The state’s economic misery permeates Californians’ daily lives. Our headline unemployment is 12.4 percent, third-highest in the country, and increases to 21.9 percent, highest in the country, when marginally employed and ...
Climate Change
How the “Green Jobs” Agenda Destroys Jobs
Proposition 23 on the Nov. 2 ballot would delay implementation of California’s Global Warming Solutions Act of 2006 (Assembly Bill 32). A recent study from the California Small Business Roundtable deals with the economic costs of that legislation. The Cost of AB 32 on California Small Businesses argues that such ...
Puerto Rico’s epic tax blunder
Let’s say you’re an elected leader faced with a tough decision about how to revive the lagging economy. Your predecessors had tremendous success spurring growth by making the local tax environment exceptionally friendly to investment. However, in recent years, as the global economy has contracted, so has yours. GDP has ...
Voting against jobs in California
Buried under the political headlines in California, which largely focus on Jerry Brown’s gubernatorial victory, Barbara Boxer’s winning a fourth Senate term and the Republican takeover of the House of Representatives, lie two ballot decisions that will have serious long-lasting consequences for the California economy. The first is the rejection ...
Memo to DC: Don’t follow California’s bad example
In instance after instance, Washington has mimicked the failed policies of the Golden State. For the sake of the nation, it’s time Washington stopped following California and started heading in a new direction. Between the budget and legislation such as Obamacare, the Democrats have proposed large-scale increases in taxes on ...
World Series policy lessons
Much of California and Texas are in a state of baseball euphoria. Either the San Francisco Giants or the Texas Rangers will win their first World Series title this week. (The Giants won it in 1954 but were a New York team then.) Unfortunately for Californians, the shared state of ...
The government is paying people not to work
This year’s Nobel Memorial Prize in Economics went to Peter Diamond, Dale Mortensen, and Christopher Pissarides for their work on “search theory,” especially as applied to labor markets. The irony is that their award-winning work provides peer-reviewed justification for a commonsense solution to high unemployment. Continuous extensions of unemployment benefits ...
Proposition 23 and California Employment
Proposition 23, on next Tuesday’s ballot, would suspend the implementation of the California Global Warming Solutions Act of 2006 (AB 32) until the state unemployment rate, now 12.4 percent, declines to 5.5 percent for four quarters. A new study published by the Pacific Research Institute examines the employment implications of ...
About California’s Prop 23
On November 2, Californians will have an unprecedented opportunity to vote on a ballot measure that will protect jobs and their quality of life. Proposition 23 would suspend implementation of AB 32, the Global Warming Solutions Act of 2006, until the state’s unemployment rate drops to 5.5 percent or lower ...
Memo to Candidates – Dire Economy Calls for Deep Reforms
California’s unemployment rate is 12.4 percent – third-highest in the country – but that statistic fails to tell the whole story of our economic woes. If marginal workers and those forced to work part-time are added to the base unemployment rate – what the Bureau of Labor Statistics refers to ...
Returning the state to prosperity requires action
As the November election approaches, Californians don’t need to be reminded of the dismal state of the Golden State. The state’s economic misery permeates Californians’ daily lives. Our headline unemployment is 12.4 percent, third-highest in the country, and increases to 21.9 percent, highest in the country, when marginally employed and ...
How the “Green Jobs” Agenda Destroys Jobs
Proposition 23 on the Nov. 2 ballot would delay implementation of California’s Global Warming Solutions Act of 2006 (Assembly Bill 32). A recent study from the California Small Business Roundtable deals with the economic costs of that legislation. The Cost of AB 32 on California Small Businesses argues that such ...